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About Us
KASAGANA-KA Mutual Benefit Association, Inc. provides affordable insurance products and services to poor women and their families. It was organized in 2006 to address the microinsurance needs of client-beneficiaries of KDCI (KASAGANA-KA Development Center, Inc.), a microfinance organization. In 2016, KCoop (Kabuhayan sa Ganap na Kasarinlan Credit and Savings Cooperative) was formed with client-beneficiaries of KDCI as its initial members. KDCI was transformed into a capability-building organization providing support to KCoop’s social programs. KMBA, KDCI, KCoop, and KEEPF (Kasagana-Ka Employer Employee Provident Fund) are collectively known as KASAGANA-KA Synergizing Organizations or KSO. Read more...
Products and Services
KMBA currently offers three main products:
- • Basic Life Insurance Plan or BLIP
- • Credit Life Insurance Plan or CLIP
- • Hospital Income Insurance Plan or CLIP
In partnership with Malayan Insurance, KMBA also offers personal accident insurance with fire assistance, named K-Kalinga. As further service to its members, KMBA provides K-Bente, through a partnership with First Life Financial Company, Inc., and K-Dakila, under Rimansi Mutual Solutions Insurance Agency, Inc. Read more...
At-A-Glance
| Assets: | 247,155,667.32 |
| Liabilities: | 145,838,865.30 |
| Fund Balance: | 101,316,802.02 |
| Number of Active Members: | 53,994 |
| Total Claims Summary: | 13,798,019.65 |
| K-Kalinga Amount of Claims: | 180,000 |
| K-Bente Amount of Claims: | 48,000 |
| Calamity Assistance Amount of Claims: | 180,000 |
Basic Life Insurance Plan of KMBA
Events and Features
18th Annual General Meeting
18th Annual General Meeting
April 27, 2024
.
Read more...Previous Events and Features
KMBA Received 2-Golden Arrow Award for Good Governance
KMBA Received 2-Golden Arrow Award for Good Governance
September 26, 2022
KMBA received 2-Golden Arrow Award in the recently conducted 2022 Annual Golden Arrow Awards for Insurance Companies was presented by the Institute of Corporate Directors (ICD) in partnership with the Insurance Commission (IC) last September 23, 2022.
The 2-Golden Arrow Award is presented to insurance companies that garnered a score of 90-99 in the [2021] corporate governance scorecard assessment conducted by the ICD. CARD MBA and Kasagana-Ka MBA was also part of the top performing companies in Mutual Benefit Associations (MBAs) with regards to good corporate governance.
Read more...KMBA RECEIVES GOLDEN ARROW AWARD FOR GOOD CORPORATE GOVERNANCE
February 20, 2021
KMBA was among the recipients of the ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Awards, held virtually last February 19, 2021. The Golden Arrow Award is given by the Institute of Corporate Directors in recognition of an institution's outstanding performance in the ACGS assessment. KMBA was one of the only two awardees among the Mutual Benefit Associations.
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