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Micro insurance with low amount insured and low premium helps economically disadvantaged groups to transfer the risk

Insure easily without medical examination. Enjoy basic protection only with a low amount of premium.

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Micro Insurance

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Micro Insurance

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Micro insurance (APANTB2)

Benefit Items: Accidental death benefit, Accidental disability benefit

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  • 15-70 Issue Age
  • 1 Premium Payment Term
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Micro insurance is an insurance products designed specially for disadvantaged groups to enjoy basic protection with a low amount insured and low premium to transfer the risk of disability or death.

Learn more about micro insurance

Q: What is micro insurance?
It is an insurance provided for economically-disadvantaged groups. Types of insurance include health, medical, and life insurance. There is usually no maturity benefit and is mostly an one-year term insurance. Therefore, premium is relatively low compared to other insurance products, which is affordable for economically disadvantaged groups to make up for the inadequacy of social insurance.

Q: What is the issue age limit for micro insurance?
It depends on each insurance company. Take the example of the insurance company that Standard Chartered cooperates with, the issue age is from 15 to 70 years old.

Q: What are the micro insurances?
There are life insurance, and health and accident insurance, whose claims are usually due to accidental disability or death, or the medical expenses arising from accidents.

  • The benefit item of the product on this webpage is for reference only, please refer to the relevant policy terms and conditions for detail.
  • The insurance contract for the above-mentioned insurance products are underwritten and issued by the PCA Life Assurance Co., Ltd (hereinafter referred to as “PCA Life Assurance”), which the bank cooperates with. The above-mentioned products are insurance products and are protected by the life insurance guaranty fund in accordance to the law. They are not deposit products, so they are not protected by the deposit insurance. However, the amount of the value of investment assets recorded in the exclusive account of the investment-linked insurance products is not protected by the life insurance guaranty fund. For questions about underwriting, claims, or other issues, please contact PCA Life Assurance. If the questions are raised through the bank, the bank will forward the consumers’ questions to PCA Life Assurance. The insurance liability of the insurance products is borne by the insurance company, PCA Life Assurance, and is not the responsibility, obligation, or guarantee of the insurance products sales agent.

Our Insurance Partners

PCA Life Assurance Co., Ltd.