By Eireene Jairee Gomez, The Manila Times
Rizal Commercial Banking Corp. (RCBC), through its DiskarTech app, is now offering a line of affordable and accessible insurance products for small businesses and individuals for as low as P35 to cope with the Covid-19 pandemic.
In partnership with Malayan Insurance Co. Inc., DiskarTech offers small business owners with “Sari-Sari Store Insurance” that provides up to P25,000 in fire cash assistance and accidental death, disability and disablement assistance for only P35.
“By making the microinsurance available via the DiskarTech app, more Filipinos will benefit from the app’s wide reach and accessibility, especially at a time when face-to-face transactions are rather risky,” said Eugene Acevedo, president and chief executive officer (CEO) of RCBC.
DiskarTech came up with the PanProtect line of insurance products to offer more affordable health insurance plans for its users.
PanProtect 130, Senior 195, 600, and Senior 900 offer cash assistance for Covid-19 and Chikungunya hospitalization and death, as well as regular medical reimbursement and accidental death cash assistance.
PanProtect 130 covers users 1 to 59 years old for only P130 for a period of six months.
PanProtect Senior 195 covers users 60 to 75 years old for P195 for the same period. Insurance coverage for both ranges from P500 to P12,500.
Meanwhile, PanProtect 600 and PanProtect Senior 900 give coverage for the same age groups for 12 months for P600 and P900, respectively. Insurance benefits for both coverages ranges from P750 to P100,000.
“We are extending Malayan’s goal of providing relevant protection to more Filipinos through this new partnership,” said Paolo Abaya, Malayan Insurance president and CEO.
“DiskarTech’s digital reach shall enable safe and convenient access to Malayan’s microinsurance products that are made especially for our health and economic frontliners during these trying times.”
Full article here.