Create more products, insurance firms told

FINANCE Secretary Carlos Dominguez 3rd urged the Philippine insurance sector to come up with new products to encourage more Filipinos to avail themselves of insurance packages.

During the Philippine Life Insurance Association Inc.’s (PLIA) 68th anniversary celebration in Makati City recently, Dominguez said “there should be a way for the insurance industry to design products that would broaden the base of life insurance coverage.”