ZEP Insurance Program

When an accident or death occurs in the family, the family’s resources are suddenly depleted and their budget for other basic needs such as food, health, and education are oftentimes channelled to the more urgent necessities. The first to be approached for emergency financial assistance are the institutions or organizations that usually work with the families.

In order to strengthen the resilience of the families especially those in extreme poverty, ZEP2030 teamed up with the 1911 Insurance Agency, an affiliate of De La Salle University, to develop the Zero Extreme Poverty (ZEP) Insurance Program. This social protection for the most vulnerable sector is made possible in partnership with the Malayan Insurance Company, Inc. and Sun Life Grepa Financials, Inc. Through the members of the ZEP2030 coalition, the insurance program is offered to extremely vulnerable families and cushion them from falling further into financial loss and debt.

For only PhP65.00 per person per year, members will enjoy peace of mind with the benefits of combined life insurance and personal accident insurance.

The ZEP Insurance Program was launched on July 15, 2019 through a Memorandum of Understanding between the parties involved. The formal signing of the memorandum of agreement will be between the ZEP2030 member and the insurance providers.