Allianz PNB Life strengthens bancassurance partnership
Allianz PNB Life Insurance recently inaugurated Life Track Stations inside selected PNB and PNB Savings Bank branches located in the Makati and Ortigas business districts. The LifeTrack stations aim to provide PNB and PNB Savings Bank customers and Filipino families with a more comprehensive financial wellness experience.
Allianz PNB Life has set up LifeTrack stations at the Julia Vargas Avenue and San Lorenzo branches of PNB, and the Ayala branch of PNB Savings Bank in Allied Bank Center, Makati. These branches now offer a distinct and private space for bank clients and prospective investors to seek out Allianz PNB Life’s financial advisors and discuss how investing in financial products could help address their varying needs.
“The LifeTrack Station allows us to be more accessible, to provide our customers with the financial advice, guidance, and support that they need at every life stage,” said Allianz PNB Life CEO Dr. Olaf Kliesow. “The goal of these stations would be to help customers identify the barriers that keep them from making smarter, more sustainable financial decision, guiding them through the process of selecting a financial solution that would best meet their needs, and checking in with them to ensure that their goals stay on track. We hope that Filipinos would see the LifeTrack stations as an essential stop on their journey to financial independence and wellbeing.”
Allianz PNB Life Sales Manager Josephine Bulilan underscored the need to investing in life insurance early. “For us, life insurance is a multiplier. If you start younger, you get to avail of bigger protection,” said Bulilan. “The LifeTrack Station creates a more encouraging environment for potential investors, it allows them to engage financial advisors in longer and deeper conversations without reservations. For our financial advisors, it gives them the opportunity to help potential investors understand how investing in insurance would impact various aspects of their lives.”
Philippine National Bank President Reynaldo Maclang and PNB Savings Bank President Jovencio Hernandez attended the inauguration of the revamped LifeTrack Stations and expressed their confidence in the ongoing partnership.