The insurance plan is provided by CARD Pioneer Microinsurance, a joint venture of two Filipino trailblazing companies: CARD Mutually Reinforcing Institutions (CARD MRI), which aims to transform economically-challenged families into financially resilient citizens; and Pioneer a trusted name that has consistently charted milestones in life and non-life insurance for almost 70 years.
Coverage Details:
- Coverage priod: One year
- Cost: Annual premium covered by your purchase
- Age eligibility: 18 to 65 years old
Benefit Amounts:
If the event happens, your loved one in the Philippines receives a reimbursement up to:
- Typhoon or Flood:PHP 5,000
- Fire Cash Assistance:PHP 30,000
- Earthquake:PHP 1,000
- Death:PHP 15,000
- Personal Accident:PHP 150,000
The fine print:
- Does not cover loss, cost or expense of whatever nature, directly or indirectly caused by or resulting from pre-existing conditions, unless Insured Individual has been insured for four (4) consecutive months
- Standard exclusions apply for Personal Accident, Fire Cash Assistance and Calamity Aid such as Typhoon/Flood & Earthquake
- For new enrollment, a waiting period of one (1) month shall be imposed on the occurrence of Typhoon coverage