It's been a struggle for me as someone who earns just slightly above the minimum wage to look for an affordable insurance for my family and for our helpers (kasambahay). I am happy to learn about Country Bankers Life Insurance Corporation and their affordable insurance product they just released.
Country Bankers Life Insurance Corporation (CBLIC) launches its new insurance product consistent with its mission to serve the needs of rural banks and micro finance borrowers in the countryside.
Image taken from Country Banker's website |
The CB Kalinga 4P’s Program provides a wide range of benefits for an annual amount of P150: Death (P5,000), Accidental Death and Permanent Disability (P15,000), Accidental Medical/Reimbursement (P2,000 max.), Daily Confinement (P200/day max. of 30 days), Instant Abuloy (P500), and Fire and/or Lightning Assistance (P3,000).
An option for a six-month coverage for the principal insurer is also available at P75.
Reaffirming its commitment as a true ally to Filipino families, CBLIC, now on its 54th year, provides relevant and affordable products that clients can easily understand and appreciate.
“We want to continue being known as the company with a heart that can be relied upon. Our products are simple, accessible and important,” says Geraldine Desiderio Garcia, senior vice president and general manager of CBLIC.
Under 4Ps, Family Packages are also available for an annual fee of only P250, a Principal would have his/her Spouse and a maximum of 3 children enjoy insurance benefits.
A Principal’s Spouse could avail of Death Benefit (P5,000), Accidental Death and Permanent Disability (P15,000), Daily Confinement Benefit (P200/day) and Instant Abuloy (P500) while his/her children (max of 3) would enjoy Death Benefit (P1,000), Accidental Death and Permanent Disability (P2,000) and Instant Abuloy (P250).
Six-month coverage for Family Packages are also available at P125 premium.
A full service insurance provider of life insurance products, CBLIC is a subsidiary of Country Bankers Insurance Group (CBIG).
For inquiries on life and non-life insurance products, visit Country Bankers Centre at 648 T.M. Kalaw Avenue, Ermita, Manila or call 523-8611 for life and 524-0621 for nonlife.
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