The onset of the coronavirus disease 2019 (COVID-19) pandemic this year has resulted to a number of businesses shutting down, leading to loss of jobs, creating a dent on the overall economic and social health of the Philippines.
Malayan Insurance Co. Inc. highlights the importance of having your belongings and property insured specially during this trying time, as heightened uncertainty looms.
“As we continue to face uncertainties posed by the pandemic, it is imperative for Filipinos to minimize risks as much as they can, this then highlights the need and importance of having insurance protection,” the company said.
The National Region Police Office (NCRPO) reported that crimes committed during the general community quarantine (GCQ) focused on murder, homicide, physical injuries, rape, robbery, theft, carnapping of motor vehicles and carnapping of motorcycles. This is for the period of June 1 to 30, 2020.
Malayan Insurance offers Home Protect, a home protection coverage which provides personal accident insurance, family hospitalization, household employee, valuable items protection, and property insurance coverage in just one product.
Home Protect also provides coverage for cases of burglary and housebreaking, personal liability, accidental breakage of fixed glass, alterations and repairs, alternative accommodation, debris removal, and architect and surveyor's fees, among others.
Malayan Insurance is the leading non-life insurer in the Philippines and a part of the Yuchengco Group of Companies (YGC). The company celebrates its 90th year in the local insurance industry this year.