Protection that fits how people earn.
Collect works with licensed insurers to design simple protection products, flexible premium micro-payments and transparent claims journeys for informal and variable-income communities.
Why current insurance misses informal earners
Annual risks cannot always be funded with one large annual payment. Informal earners may understand the need for insurance but struggle with premiums and processes designed around regular monthly salaries. Insurers also face high costs when collecting many small payments and servicing customers outside traditional channels.
Policies are difficult to understand
Insurance access is concentrated in formal channels
Small payments are costly to collect
Claims processes can weaken trust
Credit is exposed when income stops
Protection products
Income Protection
A short-term benefit may be paid when a covered member experiences a verified interruption of income.
Credit Life Protection
An eligible outstanding partner-loan balance may be settled following the covered borrower's death or permanent disability.
Credit Repayment Protection
Scheduled repayments may be covered for a defined period following a verified temporary loss or interruption of income.
Group Savings Protection
Scheduled contribution may be covered for a defined period following a verified temporary loss or interruption of income.
How it works
Members see an eligible product in Collect.
Product terms, exclusions, price and insurer are displayed.
Premium is collected daily, or through a flexible schedule.
The member receives digital proof of cover.
Collect supports claim notification and evidence collection.
The insurer makes the claims decision and pays the valid claim.
Premium finance
Protection should not lapse because today's balance is short.
A partner bank may provide purpose-locked premium financing. Repayment can then be aligned with the member's normal micro-contribution pattern.