What will happen if I do not repay my installment?

Any unpaid installments for more than 25 days may result in the cancellation of the policy.

If you do not pay your installment on the due date, your policy will be cancelled and may be reinstated until you pay the outstanding amount.

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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.
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 ...
What are the available payment terms under the Installment Program?
Customers can choose from two payment terms: 3 Months 4 Months The first installment date will be made on the date of purchase, while the succeeding installments shall be paid on a monthly basis.
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.
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.

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