CB Kalinga (Microinsurance)

The most comprehensive family insurance program designed for a group of 500 or more members, borrowers, depositors or savers of an MFI, rural or thrift banks, cooperatives and NGOs engaged in microfinance.

Offers insurance protection for one year for members including their families. Death due to natural (sickness or old age) and accident is covered by this insurance.

Fixed Instant Abuloy, regardless of no. of units, given upon notification of death by text, call, fax or email.

Maximum of eight (8) units per member.

A.  Family Package for MARRIED Principal Members

Benefits Principal Spouse Child 1 Child 2 Child 3
Death Benefit P25,000.00 P12,500.00 P5,000.00 P5,000.00 P5,000.00
Accidental Death & Permanent Disability  

P25,000.00

 

 

P12,500.00

 

P5,000.00

 

P5,000.00

 

P5,000.00

Accidental Medical Reimbursement P 2,500.00 maximum

 

P2,500.00 maximum

 

P 500.00 maximum P 500.00 maximum P 500.00 maximum
Daily Confinement Benefit     (Max 30 days)        P200.00        per day

      P100.00       per day

None

 

None None
Instant Abuloy P 5,000.00 P 1,250.00 P1,000.00 P1,000.00 P1,000.00

B.  Family Package for SINGLE Principal Members

Benefits Principal Parent 1 Parent 2 Sibling1/

Child1

Sibling2/

Child2

Death Benefit P25,000.00 P12,500.00 P12,500.00 P5,000.00 P5,000.00
Accidental Death & Permanent Disability  

P25,000.00

 

 

P12,500.00

 

P12,500.00

 

P5,000.00

 

P5,000.00

Accidental Medical Reimbursement P 2,500.00 maximum

 

P2,500.00 maximum

 

P2,500.00 maximum

 

P 500.00 maximum P 500.00 maximum
Daily Confinement Benefit     (Max 30 days)

      P200.00        per day

      P100.00        per day       P100.00       per day None None
Instant Abuloy P 5,000.00 P 1,250.00 P 1,250.00 P1,000.00 P1,000.00