About

Pagasa ng Pinoy Mutual Benefit Association (PPMBAI) is a non-stock, non-profit, mutual benefit association that serves as the insurance provider of borrowers of Pagasa Philippines Finance Corporation (PPFC) and Pagasa ng Masang Pinoy Microfinance, Inc. (PMPMI).

Built by Necessity

PPMBAI was formed as a response to the need of the borrowers of PPFC and PMPFI to provide them insurance. In 2012, PPFC management decided to act on the demand and started exploring options. When a partner-agent didn’t push through due to product constraints, the management decided to establish its own Microinsurance Mutual Benefit Association (MI-MBA) in April 2012.

Trust & Regulation

The association was registered with the SEC on December 28, 2012. It was granted a license by the Insurance Commission (IC) on May 22, 2013 to engage as a mutual benefit association, extending death benefits, sickness benefits, retirement savings, and loan redemption assistance.

The Association actively involves the members in the direct management of the Association, including the implementation of policies and procedures geared towards sustainability and improved services.

Vision

To be the leader in providing microinsurance products to Filipino families in the Philippines.

Mission

To provide responsive, timely, and sustainable microinsurance products and services to Filipino families.

Our Core Values

The Heart of PPMBAI

Excellence
Integrity
Professionalism