New 2-hour insurance protects ATM withdrawals

Social insecurity in Peru is a growing concern, with robberies leading the list of crimes that citizens face on a daily basis. In response to this reality, a new alternative has emerged to provide protection to Peruvians: a 2-hour insurance designed to safeguard cash withdrawals from ATMs from potential robberies or assaults. César Rivera, the general manager of Pacífico Seguros, has emphasized the importance of this initiative in a context where the victimization rate due to robberies had not reached such high levels since 2019. This new insurance, accessible and low-cost, aims to reach segments of the population that have traditionally not been served by insurance companies, with premiums starting from just S/ 1. It is a microinsurance that provides coverage in case of partial or total loss of money withdrawn from an ATM or even through a bank teller window. This type of insurance is available in various financial institutions, backed by insurance companies operating in the country, offering users an additional layer of protection in their banking transactions. The flexibility and speed at which this 2-hour insurance operates make it an attractive tool for those who wish to safeguard their cash funds from potential risks. The possibility of having this real-time protection during the cash withdrawal process at an ATM gives users greater peace of mind and security in their financial operations. This new type of insurance is a reflection of the constant innovation and adaptation required in the financial services sector to meet the changing needs of the population. The combination of technology and financial security becomes increasingly relevant in a scenario where crime finds new ways to operate and affect citizens. The ability to take out specific insurance to protect ATM withdrawals is a step in the right direction to empower citizens in safeguarding their assets and wealth. Prevention and anticipation are key elements in the fight against insecurity, and this initiative helps strengthen users' confidence in the financial system and the protection of their resources. The collaboration between financial entities and insurance companies to offer this type of product demonstrates a joint commitment to providing comprehensive solutions to the challenges facing society in terms of citizen security. The synergy between different actors in the private sector is essential to generate innovative and effective proposals that benefit the population as a whole. In a context where prevention becomes crucial, having tools like this 2-hour insurance to protect ATM withdrawals becomes an attractive and necessary option for Peruvians. The combination of accessibility, speed, and coverage provides users with an additional layer of security in an environment where vulnerability to potential robberies or assaults is a constant concern. The implementation of these types of insurances shows that the insurance industry in Peru is constantly evolving and adapting to the changing needs of society. The ability to respond quickly and effectively to emerging challenges reinforces the importance of innovation in the sector and the need to continue developing solutions that promote the protection and well-being of citizens.