AXA Philippines partners with GrowSari to provide protection by offering free insurance coverage to member sari-sari store owners

Many small businesses like sari-sari stores are constantly at risk of encountering financial challenges. According to the World Bank, at least 81 percent of informal retailers like sari-sari stores suffered job losses at the height of the pandemic in 2020. With a relatively small capital, which they use to sustain daily operations, these micro enterprises are badly affected when the owner gets sick or hospitalized, especially when this is their main source of income.

To help sari-sari store owners and their families during health emergencies, AXA Philippines, one of the country’s leading insurance providers, recently partnered with GrowSari, a tech-enabled B2B platform that supports MSMEs in the Philippines, including sari-sari stores, carinderias, pharmacies, and other roadside and market shops, to provide protection during emergency situations by offering free insurance coverage to member . The coverage includes a death benefit as well as a Daily Hospital Income (DHI) benefit in case of hospitalization.

“Our partnership with GrowSari is in line with our advocacy of providing better protection and financial literacy among micro, small, and medium enterprise owners. Through this partnership, we hope we can better the lives of Filipino entrepreneurs amid this pandemic and beyond,” said Alok Rungta, AXA Philippines Chief of Retail Proposition.

Attesting to this was Mai Mai Punzalan, GrowSari Chief Marketing Officer, who said, “It’s important, in terms of financial inclusion to drive awareness and education among MSMEs such as sari-sari store owners, to let them know that there are a lot of financial products that can help them during health emergencies. We are happy to have this partnership with AXA Philippines because their mission of promoting health and protection is aligned with the more secure future we envision for sari-sari store owners.”

The free insurance coverage is part of GrowSari’s Loyalty Program that is available to its Gold members who opt to be part of the program. It offers life insurance worth P35,000, as well as a DHI benefit amounting to P1,500 for 3 days of confinement. The DHI helps alleviate the burden of income loss should the beneficiary need to be confined in the hospital. 

From only 1,000 members in 2018, GrowSari’s members grew to 50,000 at the height of the pandemic in 2020, and doubled in number in 2021 to 100,000 active stores in 220 municipalities. The partnership with AXA has so far protected over a thousand GrowSari members, as more sari-sari store owners embrace the importance of insurance in ensuring a more secure and safer future for their families.

To know more about AXA, visit https://www.axa.com.ph/.

Take your first step to health with AXA PH and get your FREE teleconsultation access

The COVID-19 pandemic has caused major challenges to everyone’s access to healthcare. These days, safe and convenient access to doctors and medical care is not easily available because of the limitations caused by the pandemic and the community quarantine.

AXA Philippines, one of the country’s leading insurance providers, reaches out to help Filipinos take that first step to health by providing them safe and easy access to healthcare anytime, anywhere with free teleconsultation service, available to policyholders of AXA Philippines’ wide range of health insurance products, such as Health Max, Health Start, and Global Health Access. 

And the great news is AXA Philippines is also giving away one-time free access to this teleconsultation service to everyone who will participate in the promotion (even non-AXA customers and AXA customers with no health policy) until December 31, 2020.

“We have always been committed to being a reliable health partner for our customers. We are further strengthening this commitment by giving Filipinos convenient access to health protection during this pandemic to help ease their fear and worry about their own health and that of their loved ones,” said Rahul Hora, AXA Philippines president and chief executive officer.

Teleconsultation provides 24/7 access to non-emergency medical advice with just a few taps on a smartphone. Simply download the MyPocketDoctor app from the Google Play or App Store and register with an e-mail address and mobile number. Once registration is complete, the customer can avail of the virtual medical consultation. For others, they may click this link https://bit.ly/AXATCPR1 to avail of one-time free access. 

AXA health policyholders can also request for the teleconsultation via the Emma by AXA app.

To celebrate the launch of this campaign, AXA Philippines is inviting everyone to join the #FirstStepToHealth Social Media Challenge. To join, simply: 

1.    Post a photo of you with your loved ones and tag them on Facebook.

2.    Add the caption: “Take your first step to health. Get your FREE teleconsultation access from AXA by visiting https://bit.ly/AXATCPR1 and use the hashtags, #KnowYouCanwithAXA #FirstStepToHealth, and make your post public.

3.    Visit https://bit.ly/AXATCPR1 to get your free teleconsultation code.

The COVID-19 outbreak may be challenging, but as a leader in the health protection insurance landscape, AXA Philippines aims to help Filipinos and their families overcome these challenges one step at a time. To know more, visithttps://axa.com.ph/multimedia/articles/axa-as-a-health-partner.