Author Archives: Mariel Vincent Rapisura

Kinds of insurance

Pooling of risks over a large number of similar units such as households, persons or businesses ang insurance. Pinaghahati-hatian ng maraming ang risks – tulad ng kamatayan, pagkakasakit, aksidente, kalamidad – para ang financial loss ay hindi pasan lamang ng iisa kundi ng marami tao. Term insurance Upon death of the insured, may benefits paid […]

Continue reading →

Agrarian Reform Beneficiaries in Sultan Kudarat Receive Millions Worth of Agri-Inputs from DAR – IARCDSP

Pandemic or not, farmers in Mindanao tirelessly till the soil. This is why the Department of Agrarian Reform, together with SEDPI, continue to work while majority of the population are on a standstill to bring the most awaited agri-input investments from the DAR – Italian Assistance to ARC Development Support Program (IARCDSP) to our farmers.  […]

Continue reading →

Challenges of investing in Bitcoin

Bitcoin is a digital currency that uses blockchain technology. It is located in a computer network, meaning it is only accessible through a network such as the Internet. Bitcoin is unregulated In the event of a grievance or dispute, there is no institution to turn to as the governing body of all transactions. The lack […]

Continue reading →

Cryptocurrencies: Where does Bitcoin come from?

Should you be investing in Bitcoin? Will it sustain its massive gains? Is it safe to invest in it? A lot of people have become curious about Bitcoin again since its perceived value is near historic highs the past month. What is Bitcoin? Bitcoin is a cryptocurrency. Other popular cryptocurrencies include Bitcoin Cash, Litecoin, Ethereum, […]

Continue reading →

Blockchains: Where does Bitcoin come from?

If central banks print currencies, where does Bitcoin come from? Blockchain Bitcoin enigmatically appeared in the Internet. Satoshi Nakamoto, its unknown originator, used blockchain technology in order to create Bitcoin. Blockchains are democratized “public” ledgers. Ledgers are the recordkeeping books that accountants and bookkeepers typically use. Thus, blockchains are one method of record-keeping. Because blockchain […]

Continue reading →

SEDPI’s Group Yearly Renewable Term Insurance

SEDPI offers Group Renewable Term Insurance (GYRT) in partnership with CLIMBS, a service more catered to common Filipino households. Term insurance provides protection against emergencies for a specific period of time. As lifetime coverage is not always needed, term insurance provides cheaper premiums with larger benefits. On average, investment-linked insurance schemes charge PhP80,000 in premiums. […]

Continue reading →

SEDPI’s Social Welfare Protection Program

SEDPI offers the Social Welfare Protection Program (SWePP), where members can avail microinsurance coverage for their families in the Philippines or themselves. SWePP is a consolidated microinsurance and social safety net program and provides security and protection to low-income SEDPI members. As a hybrid form of insurance, it adopts formal, informal, and government social insurance […]

Continue reading →

What qualifies as microinsurance in the Philippines?

Insurance involves pooling risk over a large number of similar units such as households, persons, or businesses. It protects people and businesses against financial loss by spreading their risk among large numbers, and is similar to the concept of “bayanihan.” Insurance is not an investment. You are not after financial gain. It is for protection […]

Continue reading →

Never too small for hope (sari-sari store) – International Day of Rural Women 2020

Mary Jane Selecia is a mother of five who lives in a rural community in Upi, Maguindanao in the Philippines. She runs a sari-sari store (corner store) in her community. COVID-19 has significantly affected their household and community. To mitigate the spread of COVID-19, the government imposed community quarantine measures which includes physical distancing, movement […]

Continue reading →

Never Too Small for Hope- Part III (Service Economy)

Federic Caneta / Resident of Cebu City – Furniture Maker  The miter saw is silent in Federic Caneta’s workshop. The carpenter has a cabinet and a couple of shelves from commissions that were canceled because of the lockdown. His monthly projects vary with demand, “I make furniture on a custom-made or pre-order basis. Orders would […]

Continue reading →