Pioneer Insurance introduced OFW Insurance for 1.96 million Filipino migrant workers via the GCash.
OFW Insurance provides coverage for natural and accidental death, permanent total disablement with disability, repatriation of mortal remains, medical evacuation and repatriation, and compassionate visit of one visitor.
Insurance benefits for OFWs include repatriation due to unjust termination, subsistence allowance for legal matters abroad, and money claims if the OFW files a case against an employer with the National Labor Relations Commission (NLRC).
“This partnership will enable Pioneer to expand its reach to our kababayans around the world as it provides them with affordable reliable insurance that can respond to their emergencies abroad,” shared Pioneer Group Head Lorenzo Chan Jr.
Employed Filipinos aged 18 to 63 can now avail of insurance coverage worth USD32,000 (or around PHP1,774,00) for as low as USD18 (or around PHP998), suitable for 6 months.