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Palawan Group of Companies Enterprise Marketing Head for Remittance and Auxiliary Services Bernard KaibiganAccording to the Philippine Insurance Commission, insurance penetration in the Philippines remains remarkably low at 1.75 percent. However, the increasing digitalization and financial literacy among Filipinos are expected to play pivotal roles in its enhancement.
The Palawan Group of Companies, a trusted leader in pawning and financial services, is responding to the government’s call by taking a significant step towards enhancing insurance accessibility in the Philippines. This initiative entails expanding its ProtekTODO microinsurance products through various channels.
Palawan ProtekTODO is underwritten by reputable insurance companies including Liberty Insurance Corporation, AlliedBankers Insurance Corporation, and Generali Life Assurance Philippines, Inc. These underwriters ensure the reliability and integrity of Palawan ProtekTODO’s coverage, providing policyholders with peace of mind and financial security.
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