Malayan Insurance Covid19 Protection Products Bag 2 Global Honors
by Paulo | Sep 17, 2021
Insurance Co. Inc. has
snatched two titles awarded by the
UK-based publication Global Banking & Finance Review.
this year’s Global Banking & Finance Awards
(GBAF), the prestigious publication named the Best Non-Life
Insurance Product in the Philippines 2021 for Vital Cover, and Best Travel
Insurance Policy in the Philippines 2021 for its Travel Master policy with Coronavirus Disease (COVID-19) coverage.
GBAF awards recognized the non-life insurance company’s innovative and customer-focused products sensitive
to the current circumstances.
Insurance vice-chairperson Yvonne S. Yuchengco said that
the two awards validated Malayan’s efforts in creating products that are timely and suitable to the
are continuously working to provide relevant
insurance solutions that can further uplift the lives
of our Filipino customers,
especially during these trying times,” Yuchengco
Vital Cover, which won Best Non-Life Insurance Product, is a unique 5-in-1 accident and hospitalization
product that helps policyholders manage the adverse financial impact of
COVID-19 and two other modern-day diseases with cash benefits. Vital Cover is currently available
through Malayan’s insurance agents and through its website, www.malayan.com.
acknowledged Malayan’s Travel Master with COVID-19 Coverage for its extensive COVID-19 cover and separate travel
personal accident and sickness benefit, along with covers for travel and baggage inconveniences.
the Philippine’s first travel insurance products that
offered COVID-19 coverage for international trips, Travel Master with Covid19 also extends hospital allowance, compassionate visit
support for hospitalization due to COVID-19, and flight cancellation
reimbursement on top of the standard travel insurance
plan provides policyholders with the necessary cashless assistance free of
charge to the insured, such as Emergency Medical Repatriation, Cashless Hospitalization Guarantees, Evacuation of mortal remains,
and Emergency Evacuation, through its international
partner, Assist America.
Global Banking and Finance Awards is an annual
recognition program given by the UK-based publication Global Banking &
Finance Review. With a readership exceeding three million that includes C-suite
executives and business leaders from over 200 countries. The publication
provides in-depth news and insights on the world financial market.
Insurance Co., Inc. is the Philippine’s leading non-life insurance provider,
ranked number one in Gross Premiums Written (GPW) by the Insurance Commission.
It is a member of the Yuchengco Group of Companies.