I am planning to visit the Philippines and want to rent a motorbike, is it possible to buy insurance during my rental period?
Yes, it is now possible to buy microinsurance that is designed for motorbike rentals. Book2wheel offers different type of motorbike rental insurance packages which are designed for the rider in the Philippines. Note: the microinsurance for motorbike is not only limited to book2wheel customers but anyone who rides the motorbike in the Philippines and wants to insurance himself. Book2wheel provides microinsurance through its key partner Cebuana Lhuillier
How much does the rider insurance cost and what is the length of the insurance coverage?
Here are the following motorbike rider insurances available in the Philippines.
Option 1: Personal Accident Basic Insurance
RiderCare is a Group Personal Accident Insurance that covers Accidental Death, Disablement & Dismemberment (ADD&D).
Eligibility: 18 to 65 years old
Period of Coverage: 1 year
Schedule of Benefits:
| PRODUCT | CL PA Basic Insurance |
| Benefit | Accidental Death / Disablement / Dismemberment (Php10,000) |
| Accidental Disablement / Dismemberment ( Up to Php10,000) | |
| Term | 1 year |
| Age Limit | 18-65 years old |
| Premium | Php10.00 |
Option 2: RiderCare Insurance
RiderCare is a Group Personal Accident Insurance with term life specifically designed for riders. It covers Accidental Death, Disablement & Dismemberment (ADD&D), Term Life, Accident Medical Reimbursement (AMR), Teleconsult, Accident Daily Hospital Income (DHI), and Fire Assistance Benefit.
Eligibility: 18 to 65 years old
Period of Coverage: 1 year
Schedule of Benefits:
| PRODUCT | Rider Insurance |
| Benefit | Accidental Death / Disablement / Dismemberment (Php50,000) |
| Group Yearly Renewable Term Life (Php,5000) | |
| Accident Medical Reimbursement (Php3,000) | |
| 24/7 Call a doc (6 calls) | |
| Daily Hospital Income Benefit- accident (Php300) | |
| Term | 1 year |
| Age Limit | 18-65 years old |
| Premium | Php350 |
Option 3: ERCare Insurance
ERCare covers the medical expenses incurred by the Insured Person for the treatment of an eligible emergency condition, availing of which can either be as an Out-Patient in the Emergency Room Department or as an In-Patient of a Hospital via cash assistance.
It is underwritten by Pacific Cross.
Eligibility: 15 days to 65 years old
Period of Coverage: one (1) year
Schedule of Benefits:
| Benefits | PLANS | ||
| SELECT ER 5K | SELECT ER 10K | SELECT ER 20K | |
| Hospital Cash Assistance | 5,000 | 10,000 | 20,000 |
| PREMIUM | 550 | 900 | 1250 |
Option 4: Health Dengue Plus
Cash assistance benefit specifically designed for diagnosed dengue patients plus accidental death and accidental disablement/disability insurance.
It is underwritten by Malayan Insurance.
Eligibility: 1 day to 70 years old
Period of Coverage: one (1) year
Schedule of Benefits:
| Benefit | Coverage | Premium |
| Dengue Cash Assistance | 10,000.00 | 400.00 |
| Accidental Dismemberment and/or Disablement | Up to 10,000.00 | |
| Accidental Death | 10,000.00 |
The prices mentioned above are in the Philippines ‘ currency.
