For many Filipinos, insurance can feel intimidating. Sentiments like, “Mahal naman ang insurance,” are common. In fact, 2025 data from Statista shows that the Philippines has a low insurance penetration rate. However, Palawan ProtekTODO, the microinsurance arm of Palawan Group of Companies, aims to change this narrative. In particular, they have launched PalawanPay ProtekSure. This is an embedded insurance feature within the PalawanPay app.
This new feature provides users with instant and affordable accident coverage. Essentially, it offers a truly seamless way to pay without ever reaching for your phone or wallet.
How Does PalawanPay ProtekSure Work?
Palawan ProtekTODO designed the mechanism to be simple and transparent.
- Opt-in: When paying a bill, simply choose to add ProtekSure coverage.
- Pay a Small Fee: For just 0.85% of your total bill amount, you get covered.
- Get Protected: Then, this small fee gives you 30 days of personal accident insurance, with coverage worth 36 times the value of your payment.
For example, paying a ₱1,000 electricity bill adds only ₱8.50 to your total. For that amount, you unlock up to ₱36,000 in accident coverage for a full month. In other words, this makes protection accessible without the usual barriers.
Building on a Proven Model of Trust
Karlo M. Castro, President and CEO of Palawan Group of Companies, emphasized that ProtekSure is a step toward more inclusive protection. “In line with our mission to serve more Sukis, we introduce ProtekSure to offer a practical and empowering way to provide protection for Filipinos.”
Furthermore, this new feature builds on the success of ProtekPadala, which protects users from fraud during remittances. ProtekPadala proved that embedding insurance into familiar transactions works. Now, with PalawanPay ProtekSure, the company extends that successful model to bill payments.
A Step Towards Financial Inclusivity
By integrating affordable coverage into daily financial activities, Palawan ProtekTODO is redefining how Filipinos perceive and access insurance. Ultimately, PalawanPay ProtekSure enables users to take small, practical steps toward lasting financial security. It proves that peace of mind doesn’t have to come at a high cost.
For more information, you can download the PalawanPay App and explore its features.
