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                    [ArticleID] => 162028
                    [Title] => Philamlife offers dollar-based pension plan
                    [Summary] => The peso’s recent advance against the dollar is not hurting sales of dollar-based life insurance products, said an industry executive, who predicted that the peso will remain weak against the dollar in the long term.


Industry leader Philippine American Life and General Insurance Co. (Philamlife) recently launched the Dollar Pension Builder, a life insurance product that is hedged on a stronger dollar. It is also designed to earn net interest of between three and four percent per annum.


                    [DatePublished] => 2002-05-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
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ED T

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                    [ArticleID] => 162028
                    [Title] => Philamlife offers dollar-based pension plan
                    [Summary] => The peso’s recent advance against the dollar is not hurting sales of dollar-based life insurance products, said an industry executive, who predicted that the peso will remain weak against the dollar in the long term.


Industry leader Philippine American Life and General Insurance Co. (Philamlife) recently launched the Dollar Pension Builder, a life insurance product that is hedged on a stronger dollar. It is also designed to earn net interest of between three and four percent per annum.


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Philamlife offers dollar-based pension plan

By Ted P. Torres | May 24, 2002 - 12:00am

The peso’s recent advance against the dollar is not hurting sales of dollar-based life insurance products, said an industry executive, who predicted that the peso will remain weak against the dollar in the long...

Business