Health is one of the most important blessings. Keeping that in mind, Damen Support Programme is providing health insurance to its clients and their spouse, free of charge, i.e. DSP pays for the health insurance of its clients and it’s free of charge for them as well as their spouse.
Damen Support Programme (DSP) also provides life insurance to its clients and their spouse. In case of death of a client or spouse, DSP writes off the outstanding loan of that client, in addition to it, it pays funeral charges to the family of the deceased client.
As soon as you become a client of Damen Support Programme, you are entitled for the health as well as life insurance.
For the convenience of its customers, Damen Support Programme has introduced branchless banking services. To serve this purpose DSP has a contract with five branchless banking operators in Pakistan namely JazzCash, EasyPaisa, UBL-Omni, NADRA e-Salhulat and HBL-Konnect.
Customers don’t need to visit the branch to deposit their recoveries, they can just go to any of the above mentioned branchless banking service providers in their area and deposit their installment.
The livestock sector plays a vital role in Pakistan’s rural economy. Beyond providing employment opportunities and a means of subsistence, it also combats food insecurity by supplying essential nutrition through milk and meat. Recognizing the significance of livestock for farming communities, DSP has been supporting small dairy farmers by offering loan for the rearing and procurement of milk animals since its inception. To further contribute to the sector's growth, enhance resilience, and protect farmers' interests, Damen Support Programme has introduced a livestock insurance scheme. This insurance coverage is linked to the loan amount and financing tenure.
All borrowers availing loans for rearing cows and/or buffaloes will receive insurance coverage against the loss of insured animals due to death. Farmers will pay an insurance premium based on the loan amount, ensuring coverage from the loan disbursement date until maturity. The livestock tagging process will be fully digital, utilizing artificial intelligence, facial recognition algorithms, and animal muzzle identification as a unique identifier. The field team will implement livestock insurance through a mobile-based application equipped with a built-in camera and offline functionality. This innovative approach ensures a seamless, faster, and more reliable process for client enrollment, animal registration, policy issuance, and claim processing compared to conventional insurance methods.
