SEDP MBA is a non-stock non-profit Association registered with the Securities and Exchange Commission (SEC) with Reg. No. CN20092141 and licensed to operate as Microinsurance MBA by the Insurance Commission (IC).
It is a subsidiary of SEDP – Simbag sa Pag-Asenso Inc., a microfinance institution under the umbrella of SEDP Mutually Supporting Institution (MSI).
SEDP MBA provides Basic Life and Credit Life Insurance Plan and is owned and governed by the active members.
Improved social protection for SEDP members and low income groups.
To be among the leading mutual micro insurance provider in Bicol.