Palawan ProtekTODO, the microinsurance arm of trusted financial services provider
Palawan Group of Companies, has officially launched ProtekSure, an embedded
insurance feature within the PalawanPay app that provides users with instant,
affordable, and accessible accident coverage. ProtekSure offers a simple yet powerful
solution, allowing users to secure personal accident insurance when they pay bills via
the PalawanPay app.
Unfortunately, many Filipinos still hold sentiments like, “Mahal naman ang insurance,” or
“Hindi para sa’kin ’yan, marami pa akong kailangang unahin.” As a result, many
Filipinos shy away from getting insurance policies. 2025 data from Statista shows that
the Philippines has an underdeveloped insurance market with a penetration rate of less
than two percent. Palawan ProtekTODO aims to help address this gap by making
insurance affordable, relevant, and accessible—embedding low-cost, high-value
protection into a platform that users already trust and use daily.
With this innovation, PalawanPay users can now easily opt in to ProtekSure during their
bill payment process. For just 0.85% of their bill amount, they get 30 days of personal
accident insurance — with coverage worth 36 times the value of their payment For
example, paying a ₱1,000 bill unlocks up to ₱36,000 in accident coverage for just
₱8.50. By adding a small amount, users gain instant protection — making coverage
more accessible without the usual financial or procedural barriers.
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. To make the process even easier, we have embedded
insurance options as our PalawanPay Sukis do their transactions, such as bill
payments.”
Building on the strong and sustained success of ProtekPadala—an innovative
PalawanPay feature that protects users from fraud and other unlawful online
activities—ProtekSure represents the next step in PGC’s mission to make insurance
more accessible and relevant to everyday Filipinos. ProtekPadala proved that
embedding insurance into familiar, everyday transactions like remittances works:
thousands opted in because the protection was affordable, convenient, and seamlessly
integrated into something they were already doing. Now, with ProtekSure, Palawan
Group is extending that model to bill payments, further reinforcing its commitment to
delivering inclusive, tech-enabled financial tools to underserved communities.
By integrating affordable accident coverage directly into daily financial activities,
Palawan ProtekTODO is redefining how insurance is perceived and accessed in the
Philippines. ProtekSure enables users to take small, practical steps toward lasting
financial security, proving that peace of mind doesn’t have to come at a high cost.
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