Cebu Pacific, AXA partner to offer affordable personal accident insurance
The Philippines’ leading airline, Cebu Pacific (PSE: CEB), recently announced its continued partnership with one of the country’s leading insurance providers, AXA Philippines, with the launch of Piso Protect, an affordable personal accident microinsurance for “everyJuan.”
Piso Protect Personal Accident microinsurance ensures everyJuan’s financial security, in case of accidents, that may result in injuries, disabilities, or death. With this product, the insured can get accidental death or permanent disablement coverage of up to P250,000, daily hospitalization coverage of P1,000 per day for a maximum of P5,000, and a surgical cash benefit of P5,000.
Flight purchase is not required to avail of Piso Protect. For as low as P1/day or P365/year, this easy-on-the-pocket accident insurance can help cover the cost of hospitalization due to accidents.
The new offering comes at a critical time when the world is gradually transitioning to normalcy. More people need accident insurance coverage, as accidents happen to nearly everyone anytime, anywhere. Hospitalization can be costly, that is why it is better to be prepared for these unforeseen instances.
“It has been our commitment to keep passengers’ safety and peace of mind our priority, and we are delighted to offer something relevant, valuable, and affordable, addressing needs that cover beyond travel,” said Candice Iyog, CEB vice president for Marketing and Customer Experience.
“We are happy to continue our partnership with CEB to offer affordable, high-value personal accident insurance that can help provide extra financial protection for all,” said Nandy Villar, AXA Philippines Chief Customer Officer.
Choosing Piso Protect is readily available on the CEB website here https://bit.ly/CEBPisoProtect—once selected, customers will be redirected to AXA’s website to complete purchase.
Back in September 2020, CEB and AXA Philippines were the first to offer non-travel insurance products in the Philippine aviation industry, with CEB Health Protect, insurance that provides coverage for the top three critical conditions, namely cancer, stroke, and heart attack.
For more information, visit www.cebupacificair.com.