With its advocacy to improve member growth and retention of Microinsurance Mutual Benefit Associations (Mi-MBAs), RIMANSI with the support of Citi Foundation facilitated a peer learning workshop last August 14-15, 2018 at Soleste Suites, Quezon City. The workshop was attended by six (6) Mi-MBAs supported by the project namely, 4K MBA in Cagayan De Oro, Paglaum MBA in Misamis Occidental, KCCDFI MBA in Zamboanga, QPI MBA in Negros Occidental, SEDP MBA in Albay, and KGI MBA in Zambales. The workshop generally aims to evaluate the status of six (6) Mi-MBAs and identify strategies to sustain project partnership.
RIMANSI Secretariat held its two-day annual work planning for 2018 regular programs and projects at Soleste Suites in Katipunan, Quezon City on November 14-15. The Secretariat individually get readied and presented their respective annual work plan for 2018 paving the way to the Association’s goal of achieving 12 million members by 2024 insuring 48 million lives (12*24*48). In addition to the regular programs and projects, the Secretariat determined undertakings to be pursued in 2018, to wit: Development of new distribution channels for Mi-MBAs; Establishment of new MBA; Enhancement of social marketing platform through newsletter, article contribution, infographics, and Facebook; Put forward specific policy agenda for ...
Four microinsurance products are on its way for implementation upon release of approved rules and regulations from the Insurance Commission. Low-cost life insurance to cover life, loans, and hospitalizations are ready to be put into action for the respective members of the Mi-MBAs. The approved products include Basic Life Insurance Plan for Nueva Segovia Consortium of Cooperatives (NSCC) MBA, Credit Life Insurance Plan for Paglaum MBA, and Kazama Grameen, Inc. (KGI) MBA and Hospital Assistance Pampamilya Insurance Plan for Peoples Bank of Caraga (PBC) MBA. NSCC MBA started its operations