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Health and Financial Wellness

Improving Access of Overseas Filipino Workers (OFWs) to Life Insurance
A policy paper on financial inclusion of OFWs

ofw

Read Pru Life UK’s commissioned independent policy paper on improving the access of our Overseas Filipino Workers (OFWs) to life insurance.

While considered  modern-day heroes for their contribution to the country’s development through their remittance, most OFWs belong to the unserved market segment who need  adequate financial protection before, during, and after their employment abroad, especially since threats of job displacement and financial instability often challenge them.

In this timely paper, one of the country’s leading law firms Quisumbing Torres examines the present regulatory framework on cross-border selling of insurance to OFWs and offers recommendations to improve protection coverage among the OFWs and their families.

Download the paper.