#FinancePH - A Final Act of Love: How Singlife’s New Insurance Plan Helps You Show Up, Even When You Can’t
In Filipino culture, showing up is everything. Whether it’s for birthdays, milestones, or moments of grief, being present is how we express love. But what happens when we’re no longer around to do that?
Singlife Philippines is offering a thoughtful answer with its newest product, Protect from Funeral Costs—a whole life insurance plan that lets you leave behind more than memories. It’s a way to show up for your loved ones, even in your absence, by easing the financial burden of funeral expenses.
Turning a Taboo Topic Into a Loving Gesture
Talking about funeral costs isn’t easy, but it’s a reality many families face. With expenses often exceeding ₱200,000, it’s not uncommon for families to rely on donations or “abuloy” just to get through. Singlife’s new plan offers a more empowering alternative: a lump sum benefit of up to ₱500,000, fully accessible through their mobile-first Plan & Protect App.
“It’s a final act of love,” says Lester Cruz, CEO of Singlife Philippines. “It allows you to prepare in advance so your family can grieve without the added stress of financial worry.”
What Makes This Plan Different?
Protect from Funeral Costs isn’t just another insurance policy—it’s a flexible, customizable solution designed for real life. Here’s what makes it stand out:
- Coverage that fits your needs: Choose from ₱100,000 to ₱500,000 in coverage, with premiums starting at just ₱447/month. Pay for only 5 or 10 years, and stay protected until age 120.
- Built-in financial needs analysis: Not sure how much coverage you need? The app helps you estimate costs based on your preferences—from the type of casket to the number of guests.
- Yearly coverage boost: Keep your policy active and enjoy annual increases in coverage at no extra cost (based on non-guaranteed dividends).
- Family-first features: Add your spouse or life partner under one plan, and even enroll your child for free starting in the second year.
- Waiver of premiums: If you become permanently disabled, your payments are waived but your coverage continues.
- Cash value and loan access: Starting in year four, you can borrow against your policy if needed.
- Immediate cash assistance: Beneficiaries receive 10% of the benefit upfront to cover urgent funeral costs, with the rest released upon claim approval.
Insurance That Meets You Where You Are
Singlife is on a mission to make financial protection accessible to every Filipino. With insurance penetration still below 2% in the country, their mobile-first approach is a game-changer. You can now plan for life’s most difficult moments with the same ease as booking a flight or managing your savings.
And to make it even easier to get started, new users who try the financial needs analysis tool will receive ₱300 in Singlife Credits—free.
Because love doesn’t stop—even when life does.
Protect from Funeral Costs is now available exclusively on the Singlife Plan & Protect App, downloadable via the App Store and Google Play.
Comments
Post a Comment