Peppermint Innovation (PIL) has launched a new platform to deliver life and accident insurance products to the Filipino market.
The new service, called bizmoProtect, provides micro-insurance via its bizmoto agent network and platform. Working on three levels of insurance cover, the app can be downloaded for Android phones, with iOS soon to follow.
Through bizmoProtect, customers register their details, select an insurance product, complete forms and pay for the policy via the agent network. These insurance policies can be purchased on a monthly or annual basis.