Singlife and GCash launched NO-FUSS Protection

Just last week, a colleague of mine mentioned that his mom had dengue. It must be so stressful to find out that you’re sick (of something else in a time like this) while COVID still looms around. This year, it was reported that we had 50,000+ cases with 173 deaths. Read that from this article: Dengue in the Philippines: โ€˜It is still very much aroundโ€™ in the time of COVID-19

To lessen the worry and the stress plus the hassle that all of these bring, I wanted to share with you what I learned from attending the launch of the Singlife and GCash partnership.

Who is Singlife?

Singlife Philippines is not like any other insurance company. They pride themselves in making insurance totally digital. They use technology to make getting an insurance policy more convenient and affordable. They are on a mission to help every Filipino fix their finances.

Who is GCASH?

GCash is a mobile wallet in the Philippines with more than 25M users, over 73,000 partner merchants, and thousands of cash in / cash out partner institutions. Its mission is to provide Finance for All through #GcashEveryday. Recently, GCash has made their move towards offering users a suite of financial services such as savings, on-demand credit, and investments. You can read more about these services in my blog:

Go Invest with GInvest

How GCredit Works

Singlife and GCASH Partnership: CASH FOR DENGUE COSTS

Singlife and GCash will launch their first product: Cash for Dengue Costs, a comprehensive yet affordable protection product that provides a multi-level benefit against medical costs due to mild to severe cases of Dengue. This is the first time that I’ve heard of an insurance product like this, and it actually makes sense (looking at the statistics that I shared above).

Rien Hermans, President & CEO of Singlife Philippines, mentioned that No-Fuss Protection for him is basically easy and delivers on your goal. He says they believe that direct contact with customers is important and this is the foundation of developing their product.

This product is very flexible with customizable coverage levels, payment terms, and the option to cover an individual or the whole family.

As an introductory offer, Singlife will extend the cover by adding a free COVID-19 rider โ€“ providing customers the same cash benefit for COVID-19 protection as the productโ€™s Dengue cover.

Cash for Dengue Costs will be made available to a limited group of GCash users this September. It will then be made available to all verified GCash users via the GCash Insurance Marketplace later this year as its showcase offering, along with other Singlife protection products.

How do you apply for Singlife protection products?

The application process for Singlife protection products takes less than 5 minutes. Customers can pay, view, manage, and file claims on their Singlife policies directly in the GCash app. This is made possible by fully digital processes that ensure a seamless, paperless experience allowing policies to be issued in real-time.

I’m so excited to have access to this and I’ll let you know right away and share my review once I have tried it.

I love what Martha Sazon, President & CEO of Mynt, which operates GCash said, “Insurance is giving people the chance to bounce back from life’s uncertainties.” So just tap for no-fuss, affordable protection! ๐Ÿ™‚

Feel free to let me know as soon as you have tried this product! Your feedback will be beneficial to all my readers!

4 Comments

  1. Kaye
    September 9, 2020 / 6:56 pm

    Wow that very helpful, not to mention convenient! Curious what benefits does the product include and what are the limits

    • September 10, 2020 / 8:18 am

      Hi Kaye! I’m excited to know as well! ๐Ÿ™‚ I want to try it out!!!

  2. Roy
    October 7, 2020 / 1:16 pm

    Ms. Ginger, can we also insure another person with this new Dengue product of Singlife? When exactly is the Later this Year when this product becomes available? Hope you can ask Ms Martha. thank you.

    • October 16, 2020 / 3:42 pm

      Let me get more information and get back to you ๐Ÿ™‚

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