After 26 Years
1993 marked CAP's formal entry into the life insurance industry
with its 5th member of the family, CAPLife Insurance Corporation.
CAPLife stands on the strength of the 22 year-old pre-need generic
name CAP, the pre-need industry giant that laid the ground-work
for its advent. CAPLife has the distinction of being the first
domestic life insurance company to be licensed after the lifting
of the 26-year ban implemented in 1966. Wholly Filipino-owned,
it has P100 Million paid-up capital and paid-in surplus, and
authorized capital of P300 Million. CAPLife has the advantage
of resources and capability to propel it onwards and upwards
like the eagle in its logo.
A strong nation with a strong middle class"
mission of CAPLife is but part of the larger, primary goal :
To empower each and every Filipino family through wealth creation.
To strengthen the middle class who are working to provide and
maintain not only life's basic needs, but also its simple comforts.
The primeover of CAPLife envision a Philippine society where
heads of the families are assured that no matter what the future
brings, their families' standard of living will never suffer
To provide each and every Filipino Family a better quality of
Filipinos can work and live with peace of mind... in their striving
for good homes... in their efforts at building solid finances...
in their search for education that is affordable yet relevant...
in their planning for later security.