The Palawan Group of Companies has redefined microinsurance accessibility by offering budget-friendly solutions under its Palawan ProtekTODO line. Designed to cater to individuals, families, small business owners, students, household helpers, and even pet owners, this comprehensive product addresses risks such as natural disasters, accidental death, fire damage, emergency hospitalization, and dengue. The brand’s innovative streak continues with its latest collaboration with Oona Philippines to launch MyCTPL ProtekTODO, an affordable Compulsory Third-Party Liability (CTPL) insurance for vehicle owners.
(From left) Oona’s Chief Marketing Officer and Head of Partnerships, Ashish Arora, and Founder and Group CEO, Abhishek Bhatia with Palawan Group of Companies’ Director of Cash Management Solutions, Lisa Lou Castro-Sabado and Group Marketing Head, Bernard Kaibigan. [Photo courtesy: Palawan Group of Companies | Press Release]Palawan Group of Companies and Oona Philippines Offer Flexible CTPL Insurance Solutions for Filipinos
Starting October 21, 2024, MyCTPL ProtekTODO will be available across Palawan’s 3,500+ branches nationwide. With premiums ranging from ₱290 to ₱1,500 depending on vehicle type, this coverage is accessible to meet vehicle registration requirements while offering reliable financial protection. Customers can enjoy benefits of up to ₱200,000 for death or permanent disability claims and additional compensations for injuries based on an indemnity plan valid for a year.
Why Choose MyCTPL ProtekTODO?
Convenient Nationwide Access. With over 3,500 Palawan branches nationwide, securing CTPL insurance has never been easier. Whether you’re a busy urban professional or a rural entrepreneur, Palawan ensures access to reliable coverage.
Budget-Friendly Options. Starting as low as ₱290, MyCTPL ProtekTODO offers flexible plans to suit diverse financial capacities. This initiative demonstrates Palawan and Oona’s commitment to affordable yet robust financial protection for all Filipinos.
Comprehensive Benefits. The insurance covers claims related to accidental death, permanent disability, and other injuries, ensuring drivers and vehicle owners peace of mind on the road.
Insights from Leaders Behind the Initiative
This milestone collaboration underscores the shared vision of both companies to revolutionize accessible insurance for Filipinos.
Oona CTPL and other insurance products are now available at over 3,500 Palawan locations. [Photo courtesy: Palawan Group of Companies | Press Release]“A company should never stop growing and innovating; otherwise, it risks stagnation or failure. Today marks another milestone as we expand our financial services and strengthen partnerships like our collaboration with Oona. We are excited to work together to empower our customers with a diverse range of services and insurance solutions,” said Palawan Group of Companies’ Cash Management Solutions, Lisa Lou Castro-Sabado.
Abhishek Bhatia, Founder and Group CEO of Oona Insurance, shared, “Our partnership with Palawan Group of Companies is founded on a shared vision of providing accessible financial protection for all Filipinos. Together, we’re delivering real benefits. With Oona CTPL and other insurance products now available at over 3,500 Palawan locations, we’re making it easier than ever for Filipinos to secure essential coverage.”
Making Insurance Effortless with PalawanPay App
Palawan ProtekTODO isn’t just limited to vehicle insurance. Customers can explore other microinsurance options through the PalawanPay app or by visiting the official website. This digital transformation ensures convenience for tech-savvy users seeking flexible and reliable financial protection.
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Empowering Filipinos with Insurance Solutions
The partnership between Palawan Group of Companies and Oona Philippines is a testament to their dedication to innovation and service excellence. With MyCTPL ProtekTODO, they have bridged the gap between affordability and accessibility, ensuring that more Filipinos can secure the protection they deserve.
Visit your nearest Palawan branch today or check the official website. You can also download the PalawanPay app to explore the comprehensive insurance options available under Palawan ProtekTODO.
