Kwik partners with Starr Insurance to roll out services for OFWs

Philippine online insurance marketplace Kwikinsure Corp. has teamed up with Starr Insurance Philippines to expand services and cater to overseas Filipinos.

The partnership will allow some 12 million overseas Filipinos to purchase Starr Insurance products online, bypassing the need for them to come home to avail of services.

Among the services offered under the partnership are health, accident, and vehicle insurance policies, along with those for COVID-19.

Under Starr Hospital Protect, overseas Filipinos will be given a daily hospital income should they or their loved ones be hospitalized.

Meanwhile, Starr Critical Protect will provide a lump sum cash benefit upon diagnosis of any of 51 critical illnesses in the company's lineup.

"[W]e're heading in the right direction by simplifying the purchase journey for clients online which is a valuable step in bridging the insurance gap among Filipinos both here and abroad," said Starr Insurance Philippines Country Manager Derick Narvacan.

According to Kwik Founder and Chief Executive Officer Hamilton Angluben, the online platform was launched in March and recorded traffic from Filipinos abroad.

"OFWs are our modern-day heroes who sacrifice a lot to provide for their loved ones. Not only do they have a huge impact on their families, but to the Philippine economy as a whole," he said.

"We have opened up our platform to provide protection to themselves and to their loved ones," added Angluben. — DVM, GMA News