Online insurance marketplace Kwik.insure is making insurance even more accessible to Filipinos by offering a zero-interest installment payment scheme.
Customers can pay their premiums in easy, light installments over three or six months which can be paid with any chosen payment method — no post-dated check or credit card required.
“Since our launch in March, we haven’t stopped innovating for ways that can make our customers’ experience better with every purchase,” said Hamilton Angluben, Founder and CEO of Kwik.insure. “By introducing the zero-interest installment payment scheme for car insurance policies, we are helping bring insurance closer to Filipinos who need them in a much more convenient and affordable manner.”
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With more than 28 payment methods in the platform, Kwik.insure accepts debit cards, credit cards, payments via e-wallets, online payments with partner banks, and over-the-counter bank and non-bank payments.
Kwik.insure is the first full-service digital platform in the industry to offer instant quotations with installment rates displayed along with each plan. Transactions within the marketplace are completely digital, from plan comparison to checkout, making it easy and convenient for customers to purchase from the comfort of their homes.
This newly launched program is part of the company’s efforts to make insurance uncomplicated, accessible, and easy on the pocket. Installment plans start for as low as P500, payable up to six months, depending on the car year and model.
“Our goal is to drive growth in the insurance industry while helping more Filipinos avail of affordable insurance products. At Kwik.insure, we believe that insurance should be available and uncomplicated for everyone for their financial well being. We plan to introduce the installment feature in all insurance lines in the future,” Angluben said.
More products are coming soon on the platform as the business continues to forge relationships with top insurance providers in the Philippines. This will mean more insurance plans and packages for Kwik.insure customers to compare and choose from.
With over 20 reputable leaders in the insurance industry as partners, Kwik.insure offers the widest array of insurance products in the market, ranging from life, health, accident, auto, and even Covid-19 insurance.
Categories: Business Features