BUSINESS
Advocates Philippines
Finance Chief Urges Life Insurers To Expand Financial Protection Nationwide
Photo credit: DOF
Finance Secretary Frederick D. Go on Tuesday congratulated the newly elected Board of Directors and appointed Committee Chairpersons of the Philippine Life Insurance Association (PLIA) during the group’s 2026 Induction Event, underscoring the industry’s growing role in national development.
In his message, Go recognized PLIA as a key partner in driving the country’s economic growth and broader socioeconomic progress. He stressed that widening access to life insurance is essential to building an economy that is resilient, sustainable, and inclusive, especially as more Filipinos seek long-term financial security.
The Finance Secretary also challenged PLIA members to step up efforts in promoting financial literacy and inclusion, noting that insurance plays a vital role in helping families prepare for uncertainties and protect their future.
“To the leaders of the Philippine Life Insurance Association, you have the power to bring financial knowledge and security to every Filipino. Innovate, educate, and invest—create opportunities that empower families and help shape a stronger, more resilient future.”
PLIA, the umbrella organization of all life insurance companies in the Philippines, continues to position itself as a bridge between insurers and the public. The association remains committed to making life insurance more accessible, relatable, and reliable for Filipinos across the country.
With a new set of leaders at the helm, the group is expected to push forward initiatives that strengthen consumer trust, expand nationwide reach, and deepen the role of life insurance in securing the financial well-being of Filipino families.
In his message, Go recognized PLIA as a key partner in driving the country’s economic growth and broader socioeconomic progress. He stressed that widening access to life insurance is essential to building an economy that is resilient, sustainable, and inclusive, especially as more Filipinos seek long-term financial security.
The Finance Secretary also challenged PLIA members to step up efforts in promoting financial literacy and inclusion, noting that insurance plays a vital role in helping families prepare for uncertainties and protect their future.
“To the leaders of the Philippine Life Insurance Association, you have the power to bring financial knowledge and security to every Filipino. Innovate, educate, and invest—create opportunities that empower families and help shape a stronger, more resilient future.”
PLIA, the umbrella organization of all life insurance companies in the Philippines, continues to position itself as a bridge between insurers and the public. The association remains committed to making life insurance more accessible, relatable, and reliable for Filipinos across the country.
With a new set of leaders at the helm, the group is expected to push forward initiatives that strengthen consumer trust, expand nationwide reach, and deepen the role of life insurance in securing the financial well-being of Filipino families.
Feb 3, 2026
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