Mrs Jyoti Sonawane claim disbursement from Uplift
Mrs Jyoti Sonawane, a 57 year old Uplift member, from Manipada area, Santacruz, had been diagnosed with cataract in both the eyes. She had called the UPLIFT 24x7 helpline to get information about hospitals and cataract surgeries...
Mrs Sadhana Mistry claim disbursement from Uplift
Mrs Sadhana Mistry, (Uplift BIRADRI’s member from Wagriwada, Santa Cruz) 20 year old daughter Shubhangi was admitted in V.N Desai hospital due to severe vomiting, diarrhea and high fever. She was diagnosed with stomach infection.
Poonam Datta Gurav
In August 2016, Uplift set a new internal record by settling a claim within three hours, the claimant Mrs Poonam Datta Gurav shared her experience.
Mrs Hedeliza J Lorenzo
In 2016, Mrs Joson received PHP 120,000 (approximately USD 2,500) from her late husband’s life insurance policy, which has enabled her to continue his business and fund the education of her two children.
The ICMIF Foundation is delighted to share a new video and case study showcasing
Uplift has begun transferring claim amounts directly into members’ bank accounts thereby reducing the current claims turnaround time
What is the 5-5-5?
ICMIF’s 5-5-5 Mutual Microinsurance Strategy is a five year project based in five emerging market countries and aims to provide five million households with insurance cover for the first time. The ultimate objective is to provide mutual microinsurance cover for 25 million previously uninsured people.
The 5 Countries
The countries identified to take part in the 5-5-5 Strategy are India, The Philippines, Kenya, Sri Lanka and Colombia. The country selection criteria being:
- Frontrunner in microinsurance
- High incidence of poverty
- Geographic reach
- ICMIF member presence
The 5-5-5 & the SDGs
Will help people escape the vicious cycle of poverty and provide a safety net to vulnerable communities.
Will help to ensure food security through the delivery of insurance protection to smallholder farmers, amongst others.
In addition to increasing access to health insurance, will focus on health prevention and access to quality healthcare.
Will positively impact on women who are most often the policyholders of a mutual microinsurance provider.
The target communities of the 5-5-5 Strategy are the most vulnerable to climate change.