Fewer Filipinos covered by micro-insurance; sales down 33.2% in end-Sept 2020

MANILA, Philippines — Even as microinsurance was cheaper than most insurance coverage, sales during the first nine months of last year fell by a third to P4.39 billion amid the harder times wrought by the COVID-19 pandemic. The latest Insurance Commission (IC) data showed that microinsurance contributions and premium production across the life, non-life and mutual […]