Singlife offers ‘Cash for Income Loss’ – Manila Bulletin

Singlife offers ‘Cash for Income Loss’

Your salary allows you to pay for housing, food and all the finer points of life for you and your loved ones. Money makes the world go round, as they say. But does your family’s world come to a halt when disability, or even death, hits and the salary you’ve become accustomed to is no longer paid?

Most homes have one or two breadwinners, those who provide the money to live the life you lead. And as most of us have experienced, adjusting your spending when the money coming in increases is seamless. Having that special lunch at your favorite place every week, sending the kids to a more expensive school, or buying that extra pair of shoes just makes life more enjoyable.

It’s a different story when the money available for expenses dwindles because the salary we were used to is no longer something we can count on. Disability and even death are realities, and fresh out of a pandemic, we all know very well that bad luck can happen to anyone.

Apart from the unfortunate direct effects, everything becomes much worse if there is also a significant financial impact. Just imagine being disabled and having to move out of the house because you can’t afford it anymore, and send your kids to a new public school, and even struggle to get enough food money on the table so the kids grow up in good health .

How do you protect yourself and your family against loss of income?

Singlife Philippines, a mobile-focused savings and protection company, believes that every Juan and Maria should be able to ensure there is money when needed; and a disability or death is one of those unfortunate events where you need someone to support you.

Singlife’s Cash for Income Loss is the perfect product for this and for just Php280 per month you can already ensure that you or your loved ones will receive a replacement income of P30,000 per month for 3 full years. That’s over a million to get your life back on track, for the price of two packs of cigarettes a month.

“We are offering solutions to the middle class in the Philippines that have until now been reserved for the top 10%. Protection against loss of income, however, is particularly valuable for normal people. People who work hard every day to provide a good life for their family and aspire to a better future for their children and themselves,” said Rien Hermans, CEO of Singlife. “Our products help them be financially protected no matter what, and we do it without breaking their budget.”

Cash for Income loss from Singlife is available in GCash, where you can choose your preferred cover by answering a few questions, get insured and receive your policy in just minutes.

To get your free accident cover, go to GInsure in GCash, click on the “Cash for Income Loss” product sheet and answer a few questions to get a personalized quote. All qualifying customers will then receive a text and email notification with details of their free accident insurance.

All verified GCash users between the ages of 18 and 54 who are Filipino citizens or foreigners legally residing in the Philippines can take advantage of this promotion.

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