Top Ten Philippine Insurance Companies for Landowners, Condominium Owners, Homeowners, and Expats:
Here are the top ten insurance companies in the Philippines for landowners, condominium owners, homeowners, and expats:
Top Insurance Companies for Property Owners
- Malayan Insurance
- AXA Philippines
- MAPFRE Insurance
- AIG Property Insurance
- BDO Home Insurance
- BPI MS Insurance
- Cocogen Insurance
- Paramount Life & General Insurance
- FPG Insurance
- Prudential Property Insurance
Key Features and Coverage
Malayan Insurance
- Offers the Home Plus Protect plan
- Covers fire, natural disasters, and allied perils
- Includes family accident and hospitalization insurance
- Protects valuable items and household employees[1][5]
AXA Philippines
- Provides property insurance for residences
- Covers fire, lightning, typhoons, floods, and earthquakes
- Offers personal accident insurance for family members
- Includes personal liability coverage[2][7]
MAPFRE Insurance
- Provides standard home insurance with additional benefits
- Covers homes and assets against various perils
- Offers allowances and assistance services[2]
AIG Property Insurance
- Offers property all-risk coverage
- Protects against fire, natural disasters, and other perils
- Covers a wide range of properties, including commercial buildings and infrastructure[2]
BDO Home Insurance
- Provides custom insurance packages for various residential properties
- Covers fire, natural disasters, and extended perils
- Offers specific protection plans for SMDC Property owners[2]
Insurance for Expats
For expats living in the Philippines, several international health insurance providers offer comprehensive coverage:
- Cigna Global
- Allianz Care
- Aetna
- IMG (International Medical Group)
- Pacific Cross
- William Russell
These providers offer plans tailored to expats’ needs, including:
- Inpatient and outpatient care
- Emergency medical evacuation
- Rehabilitation services
- Cancer treatment
- Access to private hospitals and clinics[3][6]
Choosing the Right Insurance
When selecting insurance in the Philippines, consider:
- The type of property you own (house, condo, land)
- Specific risks in your area (e.g., flooding, earthquakes)
- The level of coverage you need
- Your budget for premiums
- Additional benefits like personal accident coverage or liability protection
For expats, it’s important to note that while public health insurance (PhilHealth) is available, private international health insurance is often recommended for more comprehensive coverage and access to better healthcare facilities[3][6].
Remember to compare policies, read the fine print, and consult with insurance professionals to find the best coverage for your specific needs.
Citations:
[1] https://www.pacificprime.com/blog/top-philippines-insurance-companies-expats.html
[2] https://ownpropertyabroad.com/philippines/best-house-insurance-plans-in-the-philippines/
[3] https://visaguide.world/international-health-insurance/philippines-expat-insurance/
[4] https://www.allproperties.com.ph/the-importance-of-home-insurance/
[5] https://ownpropertyabroad.com/philippines/house-insurance-in-the-philippines/
[6] https://www.insurancy.de/en/international-health-insurance/philippines/
[7] https://shoppable.ph/property-insurance/
[8] https://i-brokers.com/country-guide/health-insurance-philippines/
[9] https://housinginteractive.com.ph/blog/best-home-insurance-options-in-the-philippines/
[10] https://www.moneymax.ph/insurance/articles/house-insurance-philippines
