Who We Are
Empowering Communities Through Financial Security
Pagasa ng Pinoy Mutual Benefit Association (PPMBAI) is a non-stock, non-profit association that serves as the dedicated insurance provider for the borrowers of Pagasa Philippines Lending Company, Inc. (PPLCI) and Pagasa ng Masang Pinoy Microfinance, Inc. (PMPMI).
Founded in 2012, PPMBAI was born from a mission to provide essential microinsurance directly to PPLCI and PMPFI borrowers, ensuring tailored welfare and financial security for every member.
- Established Foundation: Registered with the SEC on December 28, 2012, and licensed by the Insurance Commission on May 22, 2013.
- Comprehensive Benefits: Providing death benefits, sickness benefits, retirement savings, and loan redemption assistance.
- Member-Led Management: Actively involves members in direct management and policy implementation to ensure sustainability and improved services.
At a Glance
Collections Breakdown
Basic Life Insurance Plan (BLIP)
286,364 Members
₱ 35.4M
Credit Life Insurance Plan (CLIP)
286,364 Members
₱ 19.5M
Retirement Savings Fund (RSF)
239,108 Members
₱ 9.4M
Hospital Care Assistance (HCA)
286,364 Members
₱ 16M
Claims Breakdown
Basic Life Insurance Plan (BLIP)
9,605 Members
₱ 21.9M
Credit Life Insurance Plan (CLIP)
252 Members
₱ 5.3M
Retirement Savings Fund (RSF)
8,719 Members
₱ 5M
Hospital Care Assistance (HCA)
2,848 Members
₱ 5.8M