CEBUANA Lhuillier Insurance Brokers (CLIB) continues its mission of making insurance more accessible and available to more and more Filipinos as it renews its partnership with Etiqa Philippines.

The signing of the agreement between the two companies has been held recently during the Grand Partners’ Day hosted by CLIB at its new corporate headquarters.

Etiqa Philippines, formerly known as AsianLife & General Assurance Corp., is a composite insurance company that offers an extensive range of insurance solutions. These include group medical benefits, individual life and nonlife insurance as well as variable products. Etiqa Philippines is majority-owned by Etiqa International Holdings Malaysia, the investment holding company of Malaysia Banking Berhad (Maybank).

Etiqa Philippines offers a variety of products designed to meet the protection, savings and investment needs of all market segments in the Philippines. These include Takaful Insurance, which is based on the principles of mutual cooperation, responsibility and solidarity, and is designed to comply with Islamic law (Sharia).

It also offers Employee Group Yearly Renewable Term Insurance, tailored for groups of employees, which simplifies the enrollment process while reducing individual underwriting requirements. Another notable product is Credit Group Life Insurance, which ensures that a borrower’s debt is settled in the event of their death; thus, protecting the borrower’s family or beneficiaries from financial burdens.