Microinsurance

Microinsurance now covers 50 million Pinoys

Published by rudy Date posted on May 7, 2021

by Czeriza Valencia (The Philippine Star), 7 May 2021 MANILA, Philippines — More Filipinos were covered by microinsurance as of last year, even with less collection of premiums by providers after extensions were made in the payment of contributions due to the pandemic, said the Insurance Commission (IC).

Read more

DOF: 28M low-income Pinoys covered by microinsurance as of end-2014

Published by rudy Date posted on June 1, 2015

The National Strategy for Microinsurance (NSM) seems to be working, as coverage in the Philippines rose to 28.1 percent last year from 20 percent in 2012 to reflect an annual growth rate of 18.4 percent in terms of the number of people covered.

Read more

More Pinoys now covered by microinsurance

Published by rudy Date posted on March 23, 2015

MANILA, Philippines – The Department of Finance has acknowledged the expanding role of microinsurance in the financial safety net framework, especially for the poor who are most vulnerable to natural catastrophes.

Read more

Microinsurance: Much progress, but challenges remain

Published by rudy Date posted on March 21, 2014

Globally, an estimated 500 million people have microinsurance, up from 78 million in 2008. Craig Churchill, head of the ILO’s Microinsurance Innovation Facility, discusses the growing value and viability of this insurance mechanism aimed at low-income people.

Read more

Microinsurance now covering 7.8-million poor Pinoys

Published by rudy Date posted on September 13, 2012

MANILA, Philippines – There are now 7.8 million Filipinos covered by microinsurance, according to the Insurance Commission (IC). During the national conference for microinsurance held at the Sofitel Hotel yesterday, the IC said these Filipinos were covered by around five million microinsurance policies.

Read more

Microinsurance makes headway

Published by rudy Date posted on November 23, 2011

Microinsurance in the Philippines could become as successful as microcredit as it is expected to gain ground amid increasing number of providers and rising demand, Finance Undersecretary Gil S. Beltran said Tuesday.

Read more

Small farmers gain access to microfinance

Published by rudy Date posted on September 28, 2011

MANILA, Philippines – Eligible small farmers and fishers will now be able to avail of either agricultural production or microfinance loans with an interest rate of 15 percent per annum following approval by the Agricultural Credit Policy Council (ACPC) of the depository mode scheme of the Agro-Industry Modernization Credit and Financing Program-Cooperative Banks Agri-Lending Program…

Read more

Phl offers huge potential for microinsurance

Published by rudy Date posted on November 30, 2010

MANILA, Philippines – The Philippines, along with India and Indonesia, offer the biggest opportunities for the fledgling microinsurance industry, which has a potential market of three billion people, a Reuters report said.

Read more

Microinsurance and technology: Bringing hi-tech to low-income clients

Published by rudy Date posted on November 19, 2010

When a young woman living in a small village in India became ill, the treatment she received reflected how microinsurance can bring technology that improves health and reduces poverty even to the remotest places. ILO Online reports from India on how micro-insurance providers using technology are paving the way to poverty reduction and sustainable development.

Read more

RP cited for microinsurance opportunities

Published by rudy Date posted on November 10, 2010

THE PHILIPPINES, India and Indonesia offer the biggest opportunities for the fledging microinsurance industry, which has a potential market of 3 billion people, industry officials said on Tuesday.

Read more

BSP allows small banks to sell microinsurance

Published by rudy Date posted on February 15, 2010

MANILA, Philippines – More than 3,500 rural, thrift, and cooperative banks were given the green light by the Bangko Sentral ng Pilipinas (BSP) to sell microinsurance products as part of efforts to eliminate informal insurance schemes and at the same time put an end to the unauthorized provision of insurance products.

Read more

July 2025

Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.

Accept National Unity Government (NUG)
of Myanmar.  Reject Military!

#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

July


3 July – International Day of Cooperatives
3 Ju
ly – International Plastic Bag Free Day
 
5 July –
World Youth Skills Day 
7 July – Global Forgiveness Day
11 July – World Population Day 
17 July – World Day for
International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons 


Monthly Observances:

Schools Safety Month

Nutrition Month
National Disaster Consciousness Month

Weekly Observances:

Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week

 

Daily Observances:

First Saturday of July:
International Cooperative Day
in the Philippines

Categories

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.