Coverage for what matters most
LIBI groups its products into two main categories: Life Insurance for Credit Life and MRI, and Non-Life Insurance for all other listed lines including travel coverage.
Life category
Life Insurance
For LIBI service classification, the Life category contains only Credit Life Insurance and Mortgage Redemption Insurance (MRI).
Credit Life Insurance
Financial protection connected to eligible credit obligations.
Mortgage Redemption Insurance (MRI)
Coverage designed to help protect an outstanding home loan obligation.
Non-Life category
Non-Life Insurance
Non-Life coverage includes the rest of LIBI's product lines, including travel insurance.
Motor Insurance
- Own damage and theft
- Equipment floater
- Unnamed passenger and driver
- Compulsory third-party liability
Fire Insurance
- Residential and commercial establishments
- Fire and lightning
- Typhoon, flood, and earthquake coverages
- Business interruption and rental value
Bonds
- Fidelity
- Surety
- Performance
- Other bond requirements
Casualty Insurance
- Liability protection
- Crime-related coverage
- Money, securities, and payroll
- General contractor liability
Engineering Insurance
- Erection all risks
- Contractor's all risks
- Machinery breakdown
- Electronic equipment
Marine Insurance
- Hull and cargo
- Merchandise floater
- Aviation-related accident protection
- Pilot, crew, and passenger coverage
Travel Insurance
- Classified under Non-Life
- Trip disruptions
- Baggage concerns
- Travel-related medical events
Personal Accident Insurance
- Accidental death and disability support
- Individual and group accident protection
- Coverage options for eligible clients
Microinsurance
- Accessible protection options
- Coverage for eligible fishers and farmers
- Practical, community-oriented insurance support
