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Bpi Philam Life Assurance
Philippines
2009 (16 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Bpi Philam Life Assurance
Company Information
Get to know Bpi Philam Life Assurance
BPI-AIA is a strategic alliance between two leading companies in the country. The philippine american life and general insurance company philam life and the bank of the philippine islands. Philam life is the premier life insurance company in the philippines and the market leader for 60 years. BPI is a leading commercial bank in the country with over 160 years of experience in the local banking industry and an extensive branch network of branches and ATMs. Bpi-philam’s professional and expertly trained bancassurance sales executives are assigned in bpi branches nationwide to render financial advisory services that address customer's financial and protection needs. With the combined expertise and resources of these two trusted companies, bpi-philam policyholders are assured that their insurance is backed by financial strength and stability.
Industry
- Financial BankingPRIMARY
- Financial Insurance
- Financial Other Service
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