Manulife Philippines and Chinabank Sign 15-Year Renewal of Bancassurance Agreement via Manulife China Bank Life (MCBL)
Manulife Philippines, the local arm of leading international financial services provider Manulife Financial Corporation, and China Banking Corporation (Chinabank) announce the renewal of their bancassurance partnership under Manulife China Bank Life Assurance Corp. (MCBL). MCBL offers financial protection and wealth management products and services through 650 Chinabank and China Bank Savings branches nationwide. This strategic partnership, which started in 2007, has been renewed for another 15 years, solidifying the two organizations’ shared commitment to providing holistic life, health and wealth solutions for the long-term financial security of Filipino families. Over the past 18 years, MCBL has introduced comprehensive health and life insurance plans that provide coverage for the most common critical illnesses in the Philippines. Additionally, MCBL focuses on providing customers with long-term savings and retirement planning, helping them secure a comfortable retirement, fund the
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