E-commerce platform Lazada has partnered with insurance marketplace Kwik.insure to provide customers with free COVID-19 insurance.

For every bills payment transaction done by a Lazada customer via the Lazada Wallet, they will be eligible for free COVID-19 insurance. The customer will instantly receive a free voucher for a Kwik.insure product, the COVID-19 Kwik Assist, which provides P10,500 one-month coverage for accidental death, death due to sickness, and death due to COVID-19.

“Through our partnership with Lazada, we provide millions of Filipinos the opportunity to have insurance against COVID-19,” said Hamilton Angluben, founder and CEO of Kwik.insure. “Given our country’s low insurance penetration rate, it will be the first time for a majority of them to have an insurance policy. The goal is to educate more people about the value of insurance and learn how easy it is to be protected.”

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The promo will run until October 2021 and customers can earn and stack up to 10 insurance vouchers per month.

Bills payment

“For us at Lazada, our innovations, promotions, and services are all geared at ensuring we address the needs and priorities of those we serve,” said Carlos Barrera, COO, Lazada Philippines. “Through our partnership with Kwik.insure, we are happy to be able to provide our customers with access to a service that is most especially valuable and relevant today.”

Lazada allows customers to pay their bills to a variety of billers including Meralco, Maynilad, Autosweep, Easytrip, Globe, Smart, and many more.

Aside from forming ties with the e-commerce giant, Kwik.insure now also offers deals and insurance product bundles to businesses. This initiative is motivated by the company’s mission to increase insurance penetration in the country and to educate more people about insurance.