STAY safe while preparing for a financially stable future through Singlife’s digital transaction. PHOTOGRAPH COURTESY OF UNSPLASH/ALLIE
Most Filipinos think that getting life insurance is complicated due to lots of paper work and meetings with financial advisors. Other discouraging factors are high premiums and complex products.
Digital insurance company Singlife Philippines has partnered with electronic cash transaction app GCash to address logistical concerns brought by conventional life insurance. Through Singlife x GCash, simple, flexible and affordable life insurance policies are now available online.
Through the GCash Insurance Marketplace in the GCash app, customers can directly pay, view, manage and file claims on their Singlife policies.
The first product from the collaboration is Cash for Dengue Costs — a comprehensive, affordable protection product with multi-level benefit against medical costs due to dengue.
The offer also has a free COVID-19 rider that will protect the clients from the risks of the coronavirus pandemic.
SInglife Pte Ltd. CEO Walter de Oude.
PHOTOGRAPHS COURTESY OF SINGLIFE.COM
“This innovation is indeed made possible by fully utilizing technology and digital processes to ensure that Filipinos have a seamless and paperless experience, allowance policies to be issued and managed real time,” said GCash president and CEO Martha Sazon.
No-fuss protection for everyone.
The pre-pandemic concern of people when they hear “digital” transactions is the fear of getting scammed. Singlife is a pioneering digital life insurer that addresses this concern. It eliminates the apprehension of losing one’s hard-earned money online because it is not a bank account or a fixed deposit.
Rather, it is an insurance savings plan that earns interest rate credits. Plan holders can take out their money anytime through fast transactions.
Singlife and GCash resolve life insurance concerns through digital processes.
“Our vision in Singlife is to provide access to our products 24/7 so you can always make changes anytime,” said Singlife Pte. Ltd CEO Walter de Oude.
This life insurance savings plan may be what people need right now — convenient and relevant to the ongoing outbreak.
Credit belongs to : www.tribune.net.ph