Paramount Life & General Insurance Corporation complies with and supports the Philippine Insurance Commision's mandate on securing the medical information of its clients.

 

 

 

 

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MANILA, Philippines (July 31, 2017) Prior to the passage of data privacy legislation in the Philippines, particularly Republic Act No. 10173, otherwise known as the "Data Privacy Act of 2012", life insurance companies have already shared medical & non-medical information, including information of our policyholders, among themselves through an existing Medical Information Bureau (MIB) administered by the Philippine Life Insurance Association (PLIA). The sharing of medical & non-medical information was done in order to enhance risk assessment and prevent fraud.

In accordance with the Insurance Commission's Circular Letter No. 2016-54, our policyholders’ medical & non-medical information previously collected by the MIB will be uploaded to a Medical Information Database (MID) accessible to life insurance companies. Once uploaded, all life insurance companies shall have limited access to our policyholders’ information in order to protect their right to privacy in accordance with law. A copy of Circular Letter No. 2016-54 may be accessed at the Insurance Commission's website at @ www.insurance.gov.ph

 
PARAMOUNT LIFE & GENERAL
INSURANCE CORPORATION
P.O. Box 1146 Makati City
Tel No. +632 772 9200
 
CORPORATE COMMUNICATIONS
DEPARTMENT
 
Tel No. +632 772 9200
Fax No. +632772 9290
www.paramount.com.ph