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Beneficial Life Insurance Co., Inc. (BenLife)
       
 
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Beneficial Life Insurance Co., Inc. (BenLife)
 
 
Mission statement: 

To fully serve our stockholders by providing fair, equitable and just returns as well as loyalty and dedication to our responsibilities.

To provide our policyholders and various stockholders with peace of mind by providing excellent products and services and assurance of stability and longevity.

To provide our employees with deep sense of strength, integrity and belongingness that ensure support in all aspects of life.

To contribute to our nation's advancement, development and progress by making life insurance accessible to as many Filipinos as possible.
Overview: 

BENEFICIAL LIFE INSURANCE COMPANY., INC. (BenLife) is a wholly Filipino-owned life insurance company established in March 16, 1960. From an initial authorized capitalization of P2.5 million, it now has almost P1 billion in Paid up capital, and over P6.0B in total resources.

As stated in the revised Insurance Code published in 2013, the required net worth of all domestic insurance companies already doing business in the Philippines should be at least P1.3 billion by December 31, 2022, but based on the Company’s 2014 Audited Financial Statements, BenLife has already exceeded that amount by having a net worth of over P2.4 billion.

With more than 50 years of experience in the market and over 6,700 Filipino stockholders as its owners, BenLife is one of the most stable and formidable life insurance companies in the country today. Its diversified insurance products include, among others, life investment plans, whole life, endowment, limited pay plans, pension/educational plans, retirement and investment products, and renewable term/group insurance benefits, covering over 1.3 million policyholders under individual as well as institutional accounts.

BenLife's sales associates and staff are fully committed, well-trained and determined to serve, in twenty four (24) regional offices and twenty-three (23) detached agency offices strategically located in key cities and provinces nationwide. BenLife's commitment to quality customer service is evident in its fast and efficient delivery of services and promised benefits to its existing and ever-growing clientèle.
Vision: 

We are the largest wholly Filipino owned Life Insurance Company.

We are professionals dedicated to provide and deliver affordable and highly dependable life insurance products and services.

We are fully committed to serve and protect the needs of our customers with the highest standards of service and integrity.

We are determined to provide fair returns to our stockholders and open opportunities for professional growth and personal progress to our employees and sales people by providing and environment that encourages professionalism and teamwork and rewards competence and excellence.

We shall contribute to the development and progress of our country and people by making life insurance accessible to as many Filipinos as possible.


 
 
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