Mobile-first insurance firm Singlife Philippines and leading e-wallet GCash kick-start partnership with the launch of Cash for Dengue Costs, giving Filipinos easy access to meaningful protection from medical costs due to Dengue and COVID-19 without breaking the bank.
Cash for Dengue Costs is both easy on the budget and big on coverage. For as low as Php 300 per year, you can get coverage of up to Php 421,500. “The cover increases when the cash needed to pay for medical costs increase: starting with an allowance for positive test results, up to reimbursement of actual medical costs for more severe Dengue cases,” said Kame Amado-Gomez, Head of Digital Networks at Singlife Philippines. “You can also choose from 3 coverage levels depending on your budget and needs.”
Cash for Dengue Costs is especially attractive for young families. Costs of a Dengue infection can be a source of financial distress, especially when more people in the family are affected. With Singlife Philippines, you can get fuss-free protection with an option to cover just yourself or to include your immediate family members.
As an introductory offer, Singlife Philippines adds a free COVID-19 cover for the first 10,000 customers who will avail of Cash for Dengue Costs on GCash. “With the risks brought about by COVID-19 and the usual threat of Dengue, being financially prepared for medical costs has never been more essential,” added Gomez.
To purchase Cash for Dengue Costs, you must be a verified GCash user between 18 to 54 years old. In 3 easy steps—confirming your GCash profile, choosing your plan, and paying the premium using your GCash wallet—you can be covered in less than 5 minutes!
Filing claims and securing payouts are also made easy and fuss-free. Customers can simply provide the details of their claim and upload supporting documents through the Manage Insurance page on GCash. For Dengue or COVID-19 test allowance claims, the benefit will be paid out within 24 hours to their GCash wallet.
“Together with Singlife Philippines, we are making protection products easy to purchase, manage, and claim through an innovative and seamless digital customer experience. By being fully digital, the entire customer journey has become more convenient and more personal for Filipino families,” said Jerome Lim, Head of Savings and Insurance of GCash.
About Singapore Life (Philippines), Inc. (“Singlife Philippines”)
Singlife Philippines is a majority-owned subsidiary of Singlife (65%) with partners Di-Firm (20%) and Aboitiz Equity Ventures (15%). The company offers innovative tools & solutions to unlock the potential of money for everyone, helping people to be in control and financially confident.
About Mynt – Globe Fintech Innovations, Inc. (“GCash”)
GCash is the country’s leading 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. The company has done this before through its various services that make payments and sending money easier. Recently, GCash has made their move towards offering users a suite of financial services such as savings, on-demand credit, and investments. Offering insurance is the next step towards this goal. Globe Fintech Innovations Inc. (Mynt), which operates GCash, is part of the portfolio companies of 917Ventures, the largest corporate incubator in the Philippines wholly-owned by Globe Telecom Inc. It is available for download on the App Store and Google Play. For more information, kindly visit https://www.gcash.com/.