IC to hold 3-day micro-insurance seminar in Cebu on Mar 6

By Fayette C. Ri�en

CEBU CITY, March 5 (PIA) – To strongly push for a wider acceptance of micro-insurance among the informal and low income sectors, the Insurance Commission (IC) in partnership with the Department of Finance (DOF) will be holding a three-day training and advocacy seminar among key stakeholders in Central Visayasin Cebu on March 6 to 8 .
The activity aims to develop advocate-partners in promoting microinsurance among the informal and low-income groups.

Part of a nationwide microinsurance literacy campaign, the IC and the DOF recognize the need to provide appropriate risk protection to the identified sectors and wish to help them.

At present, the IC together with the DOF is implementing various initiatives on microinsurance. These initiatives are supported by micronisurance projects under the Asian Development Bank-Japan Fund for Poverty Reduction (Developing Microinsurance Project) and the German International Cooperation (Microinsurance Innovations Program for Social Security)..

In Cebu, the IC will also conduct the ‘Magpaseguro Para Protektado: Advocacy Seminar on Microinsurance on March 9.

IC Commissioner Emmanuel Dooc will deliver the keynote address tomorrow while Finance Usec. Gil Beltran will close the day’s activity. (PIA-Cebu with IC PR)