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| Company Profile |
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On December 1, 2003, the eStandard Insurance Corporation was formed when Standard Insurance Co., Inc. purchased 100% of Zurich General Insurance Phils, Inc. (a member company of the Zurich Financial Services, Switzerland).
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The eStandard Insurance Corporation is a wholly owned subsidiary of Standard Insurance Co., Inc. Its main line of business is providing insurance to the public using non-traditional channels.
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The first product of eStandard Insurance which has been made available in partnership with Globe Telecoms, Smart Communications, Equitable-PCI Bank and Metrobank is TXT2PROTECT eStandard Cellular Phone Insurance, the first of its kind in the Philippines. TXT2PROTECT eStandard Cellular Phone Insurance is a Replacement Cost Policy which protects cellphone owners against loss and accidental damage of their mobile devices.
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As TXT2PROTECT eStandard Cellular Phone Insurance sets foot in the market on August 8, 2004 (8/8/04), the 26 million cellular phone owners all over the Philippines get the first taste of how eStandard starts an Insurance Evolution.
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