INSULAR Life (InLife), the country's first and largest Filipino life company, launched Abundance, which offered a limited paying period but would give guaranteed regular payouts.

'Our new Abundance endowment plan enables one to enjoy the benefits of life insurance while pursuing various life goals, saving for emergencies, dealing with natural disasters, preparing for retirement, or just meeting regular spending needs. We are coming out of the pandemic, and we wanted to help fellow Filipinos restart their savings habit, which was badly affected due to reduced or lost income and increased spending on medical needs,' said InLife Chief Marketing Officer Gae Martinez.