Insurance now at SM Store
To
make insurance more accessible to the general public, BDO Insurance Brokers, Inc. (BDOI) and Pioneer came up with an innovative idea of making various simple insurance products accessible via 56 locations of The SM Store nationwide.
The process of availing is simple, expressed BDOI General Manager and SVP Tracy Tan in a st at em en t .
“We are happy to introduce Insure ME@SM, which is short for Insurance Made Easy at The SM Store. Customers can just go to the Business Services counter of any SM Store nationwide and ask about travel insurance, dengue insurance or even your vehicle’s compulsory third party liability (CTPL) insurance, pay for it, and activate the coverage right there,” she said.
Pioneer, the other half of this undertaking, for its part said it has always been the group’s retail vision to have insurance reach more people at the most convenient and affordable w ays.
“This is a first in the country, and Pioneer is proud and honored to be part of Insure ME@SM. Is there a better way to achieve our retail vision for insurance but to partner with the leader in retail who serves millions, SM, and a company who finds ways – BDOI,” said President Lorenzo Chan.
Meanwhile, The SM Store President Chelo Monasterio said having Insure ME offered at The SM Store is consistent with the vision of SM to offer as many choices in products and services as possible to its shoppers and the public.
The following insurance products are available nationwide at The SM Store Customer Service or SM Business Services counters in the malls: Travel insurance, Dengue insurance, and CTPL insurance for vehi cl es.
Safe Trip Comprehensive Travel Insurance Worldwide 2.5M provides medical treatment cover of up to P2,500,000 and satisfies the Schengen Visa requirement. It also offers personal accident up to P1,000,000, personal liability up to P1,500,000, and covers travel inconveniences, such as trip cancellation, flight delay, and loss of baggage. It additionally provides access to emergency and travel assistance hotlines. Aside from the Worldwide 2.5M, SafeTrip comes in the Worldwide 1.5M and the Domestic 500K variant s.
MediCash Dengue Insurance provides a P10,000 cash assistance in the event the covered person is diagnosed with Dengue, even if diagnosis does not require hospital confinement. The P10,000 cash assistance pays on top of HMO and PhilHealth.
CTPL is the Compulsory Third-Party Liability insurance required by law before any vehicle can be registered with the Land Transportation Office (LTO). The insurance provides coverage for death, disablement, and medical expenses of a person injured because of an accident involving the covered vehi cl e.
All Insure ME products are underwritten by Pioneer.