By Josephine M. Ramos
The CARD Mutual Benefit Association, Inc. (CARD MBA), the insurance arm of CARD
Mutually Reinforcing Institutions (CARD MRI), has marked another significant milestone
with the opening of its 91st Provincial Office (PO) in Romblon on March 18, 2024.
With the recent establishment of the 90th PO in North Cotabato on March 5, 2024, this
latest expansion highlights CARD MBA’s steadfast commitment to bringing affordable
insurance services to hard-to-reach areas across the Philippines.
“Continuing our expansion into remote provinces is pivotal to our mission of serving
clients in urgent need of microinsurance,” emphasized by CARD MBA CEO Jocelyn
Dequito during the inauguration ceremony.
Dequito elaborated, “CARD MBA’s goal is to ensure that no one gets left behind though
the products and services that CARD MBA offers. Aside from microinsurance, we also
provide immediate assistance during times of calamities.” She also highlighted the
institution’s 8-24 strategy, which prioritizes settling insurance claims to its members and
beneficiaries within eight to 24 working hours.
Since its establishment in 1999, CARD MBA aims to provide benefits to members in case
of death and uncertainties, offering a range of microinsurance products designed to
provide protection and assistance.
These products include the Basic Life Insurance Program, Retirement Fund, Loan
Redemption Fund Plus, Golden Life Insurance Program, Family Security Plan, Acci Plan,
and Remitter Protek Plan.
Additionally, CARD MBA actively participates in community development programs such
as mass weddings and the CARD MRI Disaster Relief Assistance Program.
The newly opened PO is situated at Festin Street, Sitio Torrel, Barangay Dapawan,
Odiongan, Romblon will be serving a total of 43,386 members from CARD, Inc. (A
Microfinance NGO).
The inauguration of this PO signifies CARD MBA’s unwavering commitment to expanding
its reach and ensuring financial security for Filipinos nationwide. It represents the
institution’s ongoing efforts to empower communities and build resilience against life’s
uncertainties.
To know more about CARD MBA, please visit https://cardmba.com/
