Addressing Low Insurance Penetration in the Philippines
While digitalization and financial literacy are improving, the Philippines still faces a low insurance penetration rate. The Palawan Group of Companies, a leader in financial services, is actively contributing to increasing insurance accessibility through its Palawan ProtekTODO microinsurance products.
Extensive and Flexible Microinsurance Solutions
Palawan ProtekTODO offers a wide range of affordable (coverage from Php 15,000 to Php 100,000) and flexible insurance plans. Individuals, students, families, businesses, and even household helpers can secure protection against various unforeseen events, including:
- Accidents
- Natural disasters
- Fire
- Medical emergencies (including hospitalization and dengue)
- Pet coverage
- Protection for pawned items
Reliable Coverage Through Reputable Partners
Policies are underwritten by trusted insurance companies like Liberty Insurance Corporation, Allied Bankers Insurance Corporation, and Generali Life Assurance Philippines, Inc. This ensures reliable and secure coverage, providing policyholders with peace of mind.
Convenient Access: Branches, App, and Online Platforms
Beyond its vast network of over 3,300 branches, Palawan ProtekTODO is now available:
- PalawanPay App: Filipinos can easily avail of insurance with a few clicks.
- E-commerce platforms: Lazada and Shopee offer additional access points.
This multi-channel approach allows customers to choose the most convenient way to secure their coverage, further emphasizing Palawan Pawnshop’s commitment to serving its sukis.
A Commitment to Financial Security
“We aim to offer affordable, flexible, and easy-to-understand insurance to ensure Filipinos’ protection,” says Bernard Kaibigan, Head of Marketing for Remittance and Auxiliary Services at Palawan Group. “Palawan ProtekTODO safeguards against unexpected situations, providing peace of mind for individuals and families.”
Palawan: A Leader in Financial Inclusion
The Palawan Group, one of the fastest-growing financial institutions in the Philippines, actively promotes financial inclusivity. ProtekTODO embodies this mission by making insurance accessible and affordable for Filipino families.
Get Started
- Download the PalawanPay app.
- Visit https://www.facebook.com/palawan.pawnshop/photos/maging-protektodo-na-with-these-easy-steps-mga-suki/1117866561596708/ for more information.
- Choose and add preferred plans to your cart on Lazada or Shopee.
Palawan ProtekTODO: Abot Kaya at Todo Proteksyon ng mga Pilipino! (Palawan ProtekTODO: Affordable and comprehensive insurance protection for Filipino families.)
