CLIS SETTLES LUNETA ADVERTISING'S BILLBOARD CLAIM

True to its Vision and Mission of providing financial security and quality service at affordable premiums to its customers, Cebuana Lhuillier Insurance Solutions (CLIS) time and again has expediently settled the claim of one of its valuable clients.

Luneta Advertising, Inc., a leading outdoor advertising company in the country, was able to claim for the loss of one of its billboards located at EDSA, Magallanes Village, Makati City. This was made possible through the efforts and assistance of its agent, P. Lhuillier Insurance Agency, in coordination with the affiliate insurer, Malayan Insurance. A claim check amounting to P 1.6 million representing the equivalent amount of loss for the billboard was released to the client. The unfortunate loss incident happened in September 2006 when typhoon Milenyo struck Metro Manila.

Here is what Ms. Evelyn L. Vale, VP-Treasurer of Luneta Advertising, had to say:

"The billboard industry felt the brunt of typhoon Milenyo's fury when it hit Metro Manila and nearby provinces last September 28, 2006.

Our company was not spared. One of our billboards which was installed on the rooftop of a building collapsed and fell on the roof of the adjacent building. Fortunately no one was hurt and the only damages incurred were on the roofs of the two affected buildings. But thanks be to God and P. Lhuillier Insurance Agency, the insurance agency which services our non-life insurance needs.

When the unfortunate event happened, we immediately reported the incident to CLIS. The staffs, Ramon Gonzalez in coordination with Jeric Timbol, were very enthusiastic to assist us. In less than 3 months we were able to get our check representing the insurance coverage of our billboard.

PLIA is very reliable and professional in handling its clients' needs."