KMBA envisions a self-reliant and self-sustaining mutual benefit association that actively and appropriately responds to financial risk management needs of poor Filipino families. Toward this end, it offers microinsurance products and services that provide to the poorest Filipino families immediate financial assistance in times of dire needs. 

KMBA pursues three main goals, all aimed at being of service to the Filipino poor, particularly the nanay. These are (1) promoting basic life insurance that can broaden the safety net of the poor, (2) engaging in socially-oriented activities that render security needs assistance members, and (3 developing continuously cost-effective mechanisms for delivering microinsurance products and services.