Microinsurance course for RBs in Bicol

MANILA, Philippines - A Microinsurance Basic Training Course for Northern Bicol Federation is scheduled on Dec. 16-17 spearheaded by Rural Bankers Research and Development Foundation Inc. (RBRDFI). Venue will however be announced in a letter date. This course is designed to help rural banks qualify for licensing as microinsurance agents/brokers in order to market, sell, and service microinsurance services in compliance with Bangko Sentral ng Pilipinas (BSP) Memo Circular 683-2010 and BSP Memo 15-2011. This training will also provide participants with a step-by-step guide and templates for the licensing and approval process with the Insurance Commission and the BSP. Topics covered will include: fundamentals of insurance and microinsurance; microinsurance regulations on formalization and responsible sales, marketing and distribution (includes a step-by-step guide with all forms and letters required to comply with microinsurance authorization process); and, effective marketing and service delivery standards. For more information contact Ghay Lyne Mapano,?RBAP-RBRDFI Microinsurance Coordinator?(63) 918-635-3235?(02) 527-2968?[email protected]?or Reo  Nore P. Pardilla,?RBAP-RBRDFI Microinsurance Training Officer?(63) 916-3107488?[email protected].