What are the available payment terms under the Installment Program?

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• Are all products available for installment payments?

  ​As of this time, the installment payment option is only available for certain vehicle insurance providers. We are working on adding more providers that can accommodate installment payments in the future. 

• Who can avail the installment payment program?

  All Kwik.insure customers who will purchase at least PHP 3,000 worth of any vehicle insurance products have the OPTION to pay in installments with terms of either 3 or 4 months. 

• What are the fees associated with my installment?

  For each installment payment, a small transaction fee may apply depending on the mode of payment (GCash, Online Banking, Grabpay, etc.) chosen by the customer.    The amount enrolled in the Installment Payment Program will not incur any interest ...

• How do you compute the installment amount?

  The installment amount is computed based on the number of months chosen by the customer. The Basic Premium will be charged in equal amounts while all government taxes will be charged on the first payment. 

• Will I get a refund if the policy got cancelled due to non-payment of installment premium?

  Payments made for cancelled policies will not be refunded to the customers.