Insular Life underscores need for employee benefits

Insular Life (InLife) underscores the need for companies to provide employee benefits as workers in Clark Freeport continue to grow.

At the News@Hues media conference of the Pampanga Press Club at Park Inn by Radisson Clark, InLife First Vice President and Head of Corporate Sales Division Carlito V. Lucas said the growing number of jobs provided by local and foreign investors necessitate better employee benefits.

“Clark Freeport is a modern industrial estate 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.

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

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 (RA 7641) and can be tax-qualified via the Bureau Internal Revenue.

For more information on how to provide a complete employee benefits package, interested parties may email solutions@insular.com.ph, or call (02) 878-1841. ### InLife is the first and largest Filipino life insurance company and the only mutual company in the Philippines.