Free Bee, Kwik.insure make insurance accessible to OFWs
The COVID-19 pandemic compelled a lot of Filipinos -- including overseas Filipino workers (OFWs) -- to invest in insurance products. Latest statistics from the Insurance Commission states that insurance penetration or the contribution of the insurance industry to the Philippine economy is at 2.3% in the first quarter of 2021. To help bring insurance products closer to more Filipinos, PLDT Global Corporation has teamed up with the country’s largest online insurance marketplace, Kwik.insure, to provide overseas Filipinos with convenient access to reliable insurance products via Free Bee.