Philippine British Life and General Insurance: licence, claims and complaints
Philippine British Life and General Insurance Company, Inc. is an insurer licensed for both life and non-life insurance. It was formerly Philippine British Asurance Company, Inc..
Licensed. Certificate of Authority no. 2026/05-O.IC life insurer list dated Aug 31, 2026. 549 licensed agents sell for it, the 19th most of the 34 companies licensed to sell life insurance. 549 licensed agents sell for it on the IC agent lists of Sep 25, 2026, the 19th most of the 34 companies licensed to sell life insurance.
Filing a claim with Philippine British Life and General Insurance
- Claim refused: you can file it with the IC instead of a court when it is ₱5,000,000 or less per claim (the limit since the 2013 amendment of the Insurance Code), not counting interest, costs and lawyer's fees. Either side can appeal to the Court of Appeals within 30 days.Insurance Code sec. 439
- If Philippine British Life and General Insurance becomes insolvent: the IC's Security Fund pays allowed claims left unpaid, up to ₱20,000 per claim under the Insurance Code as amended in 2013.Insurance Code sec. 378
Complaints
- Write to Philippine British Life and General Insurance first. Put the policy or plan number, what happened and what you want in one letter or email, and keep proof of the date.
- Then go to the Insurance Commission. The IC takes requests for assistance on claims and complaints through its public assistance forms, by email to publicassistance@insurance.gov.ph or by phone on (02) 8523-8461 local 103 or 127.
- Report anyone selling without a licence to the IC Regulation, Enforcement and Prosecution Division, repd@insurance.gov.ph.
IC records
| Licensed agents, IC lists of Sep 25, 2026 | 549 |
|---|---|
| Agents with a non-life licence | 549 |
Company details
- Licensed company
- Philippine British Life and General Insurance Company, Inc.
- Certificate of Authority
- 2026/05-O
- IC note on the licence
- License valid from May 13, 2026
- Former name
- Philippine British Asurance Company, Inc.
- Head office
- 11th Floor, Pacific Star Building, Sen. Gil Puyat Avenue corner Makati Avenue, Barangay Bel-Air, Makati City
- Official website
- philbritish.com
- Licensed for: both life and non-life insurance. VUL needs an agent with a variable contract licence; no agent on the IC lists holds that licence for Philippine British Life and General Insurance.Insurance Code sec. 316
How tax applies to the policy
- Death benefit: proceeds paid to heirs or beneficiaries when the insured dies are not taxable income. Interest the insurer pays on proceeds it keeps for you is taxable. See income tax calculator.NIRC Sec. 32(B)(1), in force since Jan 1, 1998
- Estate tax: proceeds on your own life count in your gross estate when they are paid to your estate, or to a beneficiary you can still change. They stay out when the policy names the beneficiary as irrevocable. See estate and estate tax.NIRC Sec. 85(E), in force since Jan 1, 1998
- Documentary stamp tax: fire, marine and other property insurance policies carry DST of ₱0.50 on each ₱4 of premium charged. See documentary stamp tax calculator.NIRC Sec. 184, in force since Jan 1, 1998
- Worked example: a ₱1,000,000 death benefit paid to a beneficiary the insured could still change. Income tax on it: ₱0 (Sec. 32(B)(1)). It adds ₱1,000,000 to the gross estate (Sec. 85(E)); once the estate's deductions are used up, that is ₱60,000 more estate tax at 6% (Sec. 84). Paid to an irrevocable beneficiary, it adds ₱0.
Before you sign or pay
- Match the company and number. Your policy should name Philippine British Life and General Insurance Company, Inc. and the licence number shown at the top of this page.
- Check the agent. Search their name in the agent check; the result should show Philippine British Life and General Insurance and a licence end date that has not passed.
- Pay Philippine British Life and General Insurance, not a person. Keep the official receipts issued in Philippine British Life and General Insurance's name.
Questions
Is Philippine British Life and General Insurance legit?
Yes. Philippine British Life and General Insurance Company, Inc. is licensed by the Insurance Commission (licence 2026/05-O). A genuine policy names Philippine British Life and General Insurance Company, Inc. and that number.
Does Philippine British Life and General Insurance sell VUL?
None of its agents on the IC agent lists of Sep 25, 2026 holds the variable contract licence needed to sell VUL (Insurance Code sec. 316).
Is Philippine British Life and General Insurance the same company as Philippine British Asurance Company, Inc.?
Yes. The IC list prints Philippine British Asurance Company, Inc. as its former name, so policies issued under that name sit with Philippine British Life and General Insurance Company, Inc.