Cebu Pacific Inc. (CEB), in partnership with insurance provider AXA Philippines, has launched Piso Protect, an affordable personal accident microinsurance.
CEB said Piso Protect ensures passengers’ financial security in case of accidents that may result in injury, disability or death.
The insured can get accidental death or permanent disablement coverage of up to P250,000, daily hospitalization coverage of P1,000 per day for a maximum of P5,000, and a surgical cash benefit of P5,000.
For as low as P1 per day or P365 per year, this easy on the pocket accident insurance can help cover the cost of hospitalization due to accidents.