In celebration of Microinsurance Month, a three-day Training on Microinsurance Advocacy (TOMA) was held in Tagaytay City from January 18-20. The Microinsurance Teams of the United States Agency for International Development-supported Rural Bankers Association of the Philippines-Microenterprise Access to Banking Services (RBAP-MABS) and RBAP-Rural Bankers Research Development Foundation Inc. participated. The event was the third in a series of workshops under the Financial Literacy Roadshow on Microinsurance Advocacy that will be conducted in sixteen (16) regions of the country. Collaborators include German International Cooperation-Microinsurance Innovations Program for Social Security (GIZ-MIPSS), Insurance Commission, National Credit Council (NCC) of the Department of Finance (DOF) and Japan Fund for Poverty Reduction Program of the Asian Development Bank.
Northern Bicol Federation Rural Banks Completed Microinsurance Training Course
Thirteen rural bank-members of the Northern Bicol Federation participated in the 16th Basic Microinsurance Training Course on December 16-17 at Café Frederico in Naga City. To date, 354 rural bank officers and staff from 168 rural banks have completed the training.
The two-day course is designed to guide and qualify rural banks to properly complete the licensing and approval process prescribed by the Insurance Commission, the Bangko Sentral ng Pilipinas and the Securities and Exchange Commission. After successful completion of the course training and the examination, participants will be certified as trained by RBAP, qualifying them as microinsurance soliciting officers of their respective banks.
More Rural Banks Complete Microinsurance Training Course
Eighteen rural banks based in Luzon and Mindanao recently completed the Rural Bankers Association of the Philippines (RBAP) Basic Microinsurance Training during two separate sessions. Twenty-nine (29) bank officers and staff from ten (10) rural bank-members of the Cagayan-Kalinga Federation attended the training held in Cooperative Bank, Tuguegarao City, on November 24-25 while eleven (11) bank officers and staff from eight (8) rural banks participated in the course held on December 7-8 in Manila. Altogether, one hundred and sixty (160) rural banks have been trained under the RBAP Basic Microinsurance Training course since January 2011.
Microinsurance Basic Training Course for Northern Bicol Federation on December 16-17
We are pleased to announce the Microinsurance Basic Training Course for Northern Bicol Federation is scheduled on December 16-17 at Cafe Frederico in Naga City.
This course is designed to help rural banks qualify for licensing as microinsurance agents/brokers in order to market, sell, and service microinsurance services in compliance with BSP Memo Circular 683-2010 and BSP Memo 15-2011. This training will also provide participants with a step-by-step guide and templates for the licensing and approval process with the Insurance Commission and the Bangko Sentral ng Pilipinas.
Topics covered will include:
Module 1 > Fundamentals of Insurance & Microinsurance
Module 2 > Microinsurance regulations on formalization and responsible sales, marketing and distribution (includes a step-by-step guide with all forms and letters required to comply with microinsurance authorization process)
Module 3 > Effective Marketing and Service Delivery Standards
For more information please contact:
.
Ms. Ghay Lyne Mapano
RBAP-RBRDFI Microinsurance Coordinator
(63) 918-635-3235
(02) 527-2968
gpmapano@yahoo.com
.
Ms. Reo Nore P. Pardilla
RBAP-RBRDFI Microinsurance Training Officer
(63) 916-3107488
reonore@yahoo.com
Microinsurance Basic Training in November and December 2011
The next in the series of the 2-day Microinsurance Basic Training Course will be held on the following dates:
- November 24-25 at the Coop Bank of Cagayan, Tuguegarao City
- December 7-8 at the RBAP Conference Hall, Intramuros, Manila
This course is designed to help rural banks qualify for licensing as microinsurance agents/brokers in order to market, sell, and service microinsurance services in compliance with BSP Memo Circular 683-2010 and BSP Memo 15-2011. This training will also provide participants with a step-by-step guide and templates for the licensing and approval process with the Insurance Commission and the Bangko Sentral ng Pilipinas.
Topics covered will include:
Module 1 > Fundamentals of Insurance & Microinsurance
Module 2 > Microinsurance regulations on formalization and responsible sales, marketing and distribution (includes a step-by-step guide with all forms and letters required to comply with microinsurance authorization process)
Module 3 > Effective Marketing and Service Delivery Standards


