Insular Life underscores need for employee benefits in Clark

Insular Life, the first and largest Filipino insurance company, has underscored the need for companies in Clark Freeport to provide employee benefits.

InLife First vice president and head of corporate sales division Carlito Lucas said the growing number of jobs provided by local and foreign investors necessitate better employee benefits.

“Clark Freeport is a modern industrial and premier service and logistics hub which houses more than a thousand locators and more than one hundred thousand employees from various industries. These workers need protection because they are the linchpins of this growing economy,” Lucas said during the News at Hues monthly press briefing of Pampanga Press Club at Park Inn by Radisson Clark.

“InLife can help employers set-up a complete employee benefits program that will ensure they are protected and taken care of at all times,” Lucas added.

During the press briefing at Park Inn by Radisson Clark, Lucas presented InLife’s Comprehensive Group Plan (CGP), an employee retirement plan that integrates retirement fund management and life insurance protection in one. CGP offers competitive guaranteed interest and death and disability benefits. It is compliant with the Retirement Pay Law (Republic Act 7641) and can be tax-qualified via the Bureau Internal Revenue.

For more information on how to provide a complete benefits package, interested parties may email solutions@insular.com.ph, or call (02) 878-1841

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