Insular Life , the largest Filipino life insurance firm, reported lower death claims in the first three months of the year, stirring hope that the country is finally coming out of the pandemic.
“Even as Covid-19 peaked in January due to infections brought about by the Omicron strain, InLife recorded fewer Covid-related death claims. However, we remain vigilant and observe all safety protocols but at the same time, we remain hopeful that things will get better,” Littaua said. “The economy picking up despite the lockdown in January, the lowering of unemployment rate, the solid remittances of our overseas Filipino workers will be supportive of consumer spending moving forward,” Littaua said.
He noted that InLife has seen heightened awareness translating into a higher demand for both life and health protection products.
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