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CERTIFICATION

Fortune Life Insurance Co., Inc. is a Filipino-owned company authorized to transact life insurance business by the Insurance Commission with Certificate of Authority (CA) No. 2019/83R. The company has been helping Filipino families secure their future since 1984.

Fortune Life has a paid up capital of PHP313M and a net worth of PHP1.1B based on 2018 approved synopsis of the company.

Fortune Life is registered to the Securities and Exchange Commission and is also a member of the Philippine Life Insurance Association Inc. (PLIA).



OUR HISTORY

Fortune Life Insurance Co., Inc. was founded on December 8, 1984, amid an intimidating atmosphere of economic uncertainties. But the Company faced these daunting challenges head-on as it envisioned itself as being one of the leaders in the life insurance business. With the passion and determination of an emerging leader, backed by substantial financial capital, dedicated professionals and highly trained salesforce, Fortune Life turned its vision into reality. Fortune Life has earned itself a distinguished place among the top ranking insurance firms and most importantly, a special place in the heart of the insuring public. At present, the Company continues to develop programs that concentrate on customers' needs and promote a service-oriented culture. Its constant development and innovation of its products is a manifestation of its sensitivity to the growing and evolving needs of clients. In a tough industry that is life insurance, Fortune Life clings to its competitive edge - the commitment to deliver on its promise of securing your tomorrow today.

OUR PHILOSOPHY

We, of Fortune Life Insurance Company, Inc., are in the insurance business in the belief that people will continue to feel the need to share financial risk. We will seek all means to fill this need, which recognizes individual circumstances. As an insurance company, our ultimate responsibility is to our policyholders. We are sustained by continuing service to the special needs of each policyholder, prudent investment of funds entrusted to us, and maintaining efficient operations. We are discharged by payment of proceeds as benefits to our policyholders and their beneficiaries.


OUR MISSION AND VISION

Fortune Life will continue to be the company of choice for customers, agents and employees.

We delightfully and exceedingly satisfy our customers' needs.

We provide professional agents with markets, as well as innovative and affordable products that give superior, timely and sustainable compensation.

We are a company where employees feel that they are important and trusted, and where they can truly contribute.

We set the trend for innovative, tailor-fitted products for our clients.

OUR CORE VALUES

  • Honesty and Integrity
  • Customer-Centeredness
  • Passion for Excellence
  • Sense of Wonder and Innovativeness
  • Professionalism, Responsibility and Accountability
  • Teamwork

PEOPLE   BEHIND   OUR  SUCCESS

BOARD OF DIRECTORS

  • D. ALFRED A. CABANGON
    Chairman of the Board
  • D. ARNOLD A. CABANGON
    President
  • J. ANTONIO A. CABANGON, JR.
    Treasurer

MEMBERS

  • DR. ROBERTO B. ABAT
  • EVELYN T. CARADA
  • LORETTA C. GALANG
  • DR. RAMON L. SIN
  • ATTY. SOCRATES M. AREVALO
  • JUAN P. DAYANG
  • GEN. THOMAS P. MANLONGAT
  • ROWENA MAY R. SULLANO
  • J. WILFREDO A. CABANGON
  • FRANCISCO V. ENRILE II
  • BENJAMIN V. RAMOS
  • GERARDO M. TERUEL
  • ATTY. SOCRATES M. AREVALO
    Corporate Secretary
  • AMBROCIA G. CANCIO
     Assistant Corporate Secretary

OPERATING OFFICERS

D. ARNOLD A. CABANGON
Vice Chairman and President
EMMA M. ABAD
Acting Executive Vice President and General Manager
AMBROCIA G. CANCIO
Special Assistant to the President
VIRGILIO S. AQUINO
First Vice President - Group Sales Department
AMERHUSSIEN D. PAUDAC
Vice President - Chief Audit Executive
ELYSSIS S. VALEROSO
Vice President - Actuarial Division
ATTY. CENON ANTONIO GERARD M. LUKBAN
Vice President – Chief Compliance Officer
MUVIEN B. AMPONIN
Senior Assistant Vice President – NCR/South Luzon 2 Sales
MARIA CIELO B. PASTRANA
Assistant Vice President – Treasury Department
CARISA ANGELA C. DE MESA
Assistant Vice President – HRM and Admin Departments
SEVERINE S. MONTEALEGRE
Assistant Vice President – Customer Service Division
MA. TERESA B. CATAPANG
Assistant Vice President – New Business Division
ALEXANDER M. MANIAGO
Assistant Vice President - Information Technology Department / Data Protection Officer
GERALDINE B. BUSIA
Assistant Vice President – Finance Division
FLOREDA C. CONSTANTINO
Assistant Vice President – Executive Management Department
ALVIN L. PEREZ
Assistant Vice President - North and Central Luzon Sales
ALFREDO E. ZABALA
Assistant Vice President - Visayas and Mindanao Sales
NAZARIO A. MACALINTAL JR., M.D.
Medical Director
BENJAMIN V. RAMOS
Tax Compliance Officer
ALEXIS S. OCO
Legal Officer
D. CECILIA A. CABANGON
Special Assistant to the President - Social Media
WILLIAM MATTHEW M. CABANGON
Special Assistant to the President - Investments
CARLOS FREDERIC S. LAGO
Senior Manager - Group Sales Department
CHRISTOPHER D. PEÑARANDA
Senior Manager - Actuarial Division
BENILDA C. LIPAYON
Senior Manager - Worksite(SSI) & Special Projects
NORONIA D. BANSAO
Senior Manager - Marketing Department
CELSO CARLOS L. MAGCALAS
Senior Regional Sales Manager - NCR and South Luzon 2 Sales
CENEN M. VILLELA
Investment Manager
MARIA REBECCA P. RECUYA
Manager - Data Management II
MARICEL B. DAGAN
Manager - Billing and Collection Department
MARK GILBERT D. DEL CASTILLO
Manager - Information Technology Department
ZENON C. DIANSUY
Contract Administrator
FRANCIS JOHN G. DELA CRUZ
Manager - Administration Manager
MA. CAROLINA M. ABUAN
Manager - Agency Compensation Department
MARIA ROSVELYN B. OROZCO
Manager - Franchising and Migrant Insurance
ANNA MARIE L. CALALANG
Manager - Agency Affairs
ZOSIMO S. BONGAR
Manager - Policy Issue Department
MARIA CECILIA U. MANAGUIT
Manager - Treasury Department
WARLOU A. BOBIS
Manager - Claims Department
CATHERINE A. CASTRILLO
Regional Sales Manager - NCR and South Luzon 2 Sales
MARIFI G. BREIS
Regional Sales Manager - NCR and South Luzon 2 Sales
ESPERANZA C. CAPILI
Assistant Manager - New Business and Underwriting Department
MARIVIC G. VILLAROSA
Assistant Manager - Group Administration Section, Finance Group Department
ESMERALDA D. GATUS
Assistant Manager - Accounting Department
LIBERTY T. BATANGOSO
Assistant Manager - Agency Compensation Department
MARY IRENE L. LOANZON
Payroll Assistant Manager - Accounting Department
DAISY R. SAN DIEGO
Assistant Manager - Agency Services Section, Marketing Department
JOVITA M. GENETIA
Assistant Manager - Group Accounting Section, Finance Accounting Department
MARY ROSE F. MAGPANTAY
Assistant Manager - Accounting Department
JELLY RIZA H. ALA
Assistant Manager – Fortune Group Internal Audit
MARY GRACE L. SORIANO
Assistant Manager – Fortune Group Internal Audit
JAYSON A. GUERRERO
Regional Sales Assistant Manager – NCR and South Luzon 1 Sales
ELLEN P. DAVID
Assistant Manager – Training Section, Marketing Department

FINANCIAL HIGHLIGHTS