Wednesday, April 1, 2015

Financial Literacy Program for Low Income Sector


Most of the low income sector concern in society is Financial Literacy. To address that concern the government support its initiative called Kabuhayan at Kinabukasan Alay ng MAPFRE sa Pinoy (KaKAMPi) Microinsurance. A program that helps to protect family from financial burden cost of unexpected death of family member.  

The program aims to be prepared with crisis or calamities arise like the usual boy or girl scout says “Laging Handa”. Public may feel safe for now unless Ondoy or Yolanda wrath came unexpectedly. But I think that's not insurance are really mean to built for.

In reality, When Pinoys encounter sudden death of a family member. Many of family members goes to borrow money in desperate terms and conditions.  Or even ask for charity financial assistance "abuloy" to anybody. 

Mapfre CEO, Javier Warleta together with Insular Executives, German and Philippine government is been working for years now in the country.  Redefining its program structures to address the need of majority of the Filipinos.

KaKAMPi Microinsurance policyholders can now have the  peace of mind during this unfortunate times. Will result to a cycle of poverty and unhealthy financial stress. Unless you address or prevent that threat before it arise.

The Inauguration of 2 new office last Sunday in Quezon City - March 29, 2015. Will serve as the learning hub for families against the basic of protecting your family from financial stress.  KaKAMPi Microinsurance Community situated at Villa Erlinda Town Homes Sarmiento St., Brgy. Novaliches Proper, Q.C. and 367 Litex Road, Brgy. Commonwealth, QC. Area are accessible to public like the usual public market type. So passers by can just take a look at and learn.

Financial Literacy Program for Low Income Sector empowers underprivileged Filipinos to create livelihood via Sikap Buhay program. As a result of unfortunate event like death, accident, illness, and property losses giving them access to micro-insurance. 

The collaboration between Sikap Buhay Entrepreneur, Cooperative Office under Mayor Herbert M. Bautista, The German Development Cooperation (GIZ),and The Insular Life Assurance Company Ltd., Inc. A solid combination that will strengthen the capacity of the people when it comes to financial protection.  Backed up by 105yrs of experience in wealth management and crucial financial security.

MAPFRE Insular is a non-life insurance company offering general insurance for optimum financial protection and risk management. It provides insurance services on fire and allied lines, motor vehicle, personal accident, casualty, liability, engineering, marine cargo, surety, and micro insurance.

Founded in 1934, MAPFRE Insular today ranks among the top five in the non-life insurance industry in terms of earned premiums, investment income, and net income. MAPFRE Insular is a part of the MAPFRE Sociedad Anonima, the largest insurance conglomerate in Spain. 

It is also the leading non-life insurance company in Latin America and the 6th largest non-life insurer in Europe. MAPFRE S.A. operates mainly in Spain and in over 47 countries worldwide. It has more than 23 million customers, insured vehicles, and millions of insured homes.
Visit or like them at for more info.

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