Philam Equitable Life Assurance Company Inc. (PELAC) is the product of a strategic alliance with one of the largest & most reputable banks in the industry, Equitable PCI Bank. With this alliance, both Philam & Equitable hope to strengthen their core business while diversifying into the bancassurance distribution channel. As such, Philam will be deploying salaried sales people called Financial Sales Executives (FSE’s) to Equitable Bank branches to market Philam’s life insurance products.
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