Adjustment on Fire Insurance Premium Rates

Pursuant to the Insurance Commission’s (IC) Circular Numbers 2022-34 and 2022-48, minimum catastrophe rates for BPI MS Fire insurance premium have been adjusted. Other prevailing Insurance Commission circulars, applicable laws, rules and regulations related to Fire insurance premium rates are applied as well.

 

This adjustment in Fire Insurance premiums shall be applicable to all BPI MS Fire insurance policies issued from and/or whose coverage shall commence on January 1, 2023.

 

For further clarifications, please contact your BPI MS representative or you may call the BPI MS Helpline at (02) 8840-9000. You may also e-mail us at [email protected] Our offices and communication channels are open to assist you during weekdays, from 8:00 am to 4:00 PM, excluding holidays.

 

Thank you for your continued support and understanding.