Products and Services

Micro Insurance

  • Credit Life Insurance
  • Basic Life Insurance
  • MEADA basically provides microinsurance products which can be characterized as products designed for the poor and low income people that they are willing and able to pay. At present two products are offered: Credit Protection and Basic Life.
     
    Credit Protection insurance is designed to protect both the MFI clients and the portfolio of the lending institution. Upon the insured’s death, MEADA shall pay the lending institution the remaining balance of the loan while the principal paid portion of the loan shall be given back to the client’s beneficiaries.
  • MEADA basically provides microinsurance products which can be characterized as products designed for the poor and low income people that they are willing and able to pay. At present two products are offered: Credit Protection and Basic Life.

    Basic Life insurance on the other hand provides cash assistance upon death of the insured. Amount of benefits depends on the cause of death as well as the length of time the client is insured. It is offered both to MFI clients and their spouses.

SOCIAL AND ENVIRONMENTAL RESPONSIBILITIES

  • Agriculture Training

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    Over 50% of SAMIC Plc clients are engaged in agriculture activities. To help these clients improve the agricultural output, in 2015 SAMIC Plc engaged Rural Lives Development Organization (RLDO), who ... Read more
  • Clean City

    Clean City

    On 22nd November 2014, SAMIC had conducted cleaning environment by collected garbage along the Ocheur Teal beach at Preah Sihanouk province in order to raise awareness of air pollution cause by ... Read more
  • One Client One Tree

    One Client One Tree

    To raise awareness of green environment to our clients and their communities, on 19 July 2014 SAMIC Plc launched an environmental campaign called ‘One Client One Tree’ in which 700 small ... Read more