FILIPINAS LIFE ASSURANCE COMPANY was founded on 27 April 1933, as a subsidiary of Filipinas Compañia de Seguros, in response to the Insurance Commission’s ruling that insurance companies must have separate life and non-life business divisions. The parent company--Filipinas Compañia de Seguros—had been founded earlier in 1913 by Antonio Melian with brothers-in-law Fernando Antonio and Enrique Zobel y de Ayala.
The business was briefly interrupted by the war, and when FILIPINAS LIFE resumed its operations, it would flourish and become a dominant name in industrial life insurance for over 30 years thru the 1970s. All the more when FILIPINAS LIFE began advertising on radio, using a high-recall jingle first heard on the airwaves in 1977.
LISTEN TO THE FILIPINAS LIFE JINGLE HERE:
Advertising icon Greg Macabenta of Advertising and Marketing Associates (AMA), penned the lyrics, which was produced by Rusty Velila. Music was provided by the famed D’Amarillo Studio Orchestra while the singers were billed as “The Filipinas Singers”.Needless to say, the FILIPINAS LIFE Jingle became one of the most widely-heard jingles in the country, catapulting the company topmost in the minds of Filipinos.
In 1990, FILIPINAS LIFE became Ayala Life Assurance Inc. to underscore its transformation into a full-service life insurance company. Twenty years later, it would be renamed BPI-Philam Life Assurance Corp.,( PBI-Philam ) following the sale of BPI’s stake in Ayala Life to Philam Life.
Despite its new name, oldtimers still recall the insurance giant’s former name through the strains of a memorable jingle that woke everyone up in the early morning, singing along with its catchy chorus—FILIPINAS…FILIPINAS LIFE…FILIPINAS LIFE ASSURANCE COMPANY!!
Macabenta, Gregg. How to Make a Benta: Anecdotes, Lectures & Articles from the Advertising Wars Paperback – March 28, 2011
youtube, Filipinas Life (famous 70s jingle), posted by limva123, April 9, 2013.