MCBL venture expands group protection

Manulife China Bank Life Assurance Corporation (MCBL), the strategic alliance between Manulife Philippines and China Banking Corporation, has launched Secure Pinoy Group Life Care and Secure Pinoy Group Life Care Plus—two flexible group insurance solutions designed to help employers give meaningful financial protection to their employees and families. Made for companies with five to 200 staff, the plans cover life, accident, and optional health needs, answering a clear market demand for benefits that are practical, accessible, and simple to run.

“Businesses thrive when their people feel protected,” said MCBL President and CEO Amy Gochuico. “When the unexpected strikes, financial security changes lives. Secure Pinoy gives employers a practical, flexible way to go beyond pay—delivering protection, peace of mind, and confidence in the future.”

Secure Pinoy responds to growing demand from Filipino employers for coverage that matches real risks and is easy to manage. Group Life Care serves office, professional, and non-hazardous roles, while Group Life Care Plus extends protection to higher-risk sectors such as construction, manufacturing, transport, logistics, retail, and services. Both plans help companies build stronger benefits packages with comprehensive, adaptable terms.

“Employers want solutions that fit their people and their operations,” said Manulife Philippines Chief Corporate Solutions and Alternative Distribution Officer Erwin Go. “Secure Pinoy brings meaningful group coverage within easier reach—from small shops to growing firms—through China Bank and China Bank Savings. This is how Manulife supports Philippine business growth.”

Core benefits include life insurance, accidental death, dismemberment, disablement, and permanent disability cover, plus a Family Assistance Benefit for immediate support when it matters most. Employers may add Hospital Income, Accidental Medical Reimbursement, and Cancer Benefit riders to tailor plans. Coverage ranges from ₱100,000 to ₱1 million, with pre-approved rates and simplified sign-up to cut administrative work. Both plans use a Group Yearly Renewable Term base and are available through MCBL associates at China Bank and China Bank Savings branches. Eligibility and coverage are subject to policy and underwriting rules.

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