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Preparing for the inevitable

Preparing for the inevitable

Singlife Philippines

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Photo source: Singlife

Facing the loss of a loved one is a deeply emotional experience, and the last thing families should worry about during this period are financial burdens. Singlife Philippines understands this, which is why their new 'Cash for Funeral Costs' plan helps empower Filipinos to plan for end-of-life expenses with peace of mind.

 

Protecting families from high funeral costs

 

Filipinos are family first. They will do everything in their capacity to help alleviate the emotional and financial strain brought on by loss. Likewise, bereaved families would want to give dignified farewells to honor their departed. But funeral expenses may easily hit 6-digits, creating financial strain on families who are already coping with the loss of their loved ones.

 

Singlife's Cash for Funeral Costs may help alleviate this burden by providing up to P300,000 cash benefit paid to the insured's beneficiaries with premiums starting at P447 per month. This gives families the flexibility to use that money to fulfill their loved ones' final wishes, or use it for any other unexpected end-of-life expenses, so they may focus on grieving and remembrance.

 

The product's benefits aim to help provide as much ease as possible when making funeral arrangements.

 

Benefits of 'Cash for Funeral Costs'

 

Financial support: Receive up to P300,000 in cash to cover funeral expenses. Plans start at P447 per month.

 

 Flexible payment duration: You may choose to pay your monthly installments for 5 or 10 years, and you are covered until 120 years old.

 

 Be covered in case of disability: In case you get permanently disabled, all your remaining unpaid premiums will be considered paid, but you will still keep your coverage intact.

 

 Family plan: No need to transfer or share plans. With one plan, your spouse or life partner is also covered. Singlife will also cover your children for free starting in your 2nd year.

 

● Immediate financial assistance:  Upon confirmation of death, Singlife will give your beneficiaries immediate funeral cash assistance for urgent funeral expenses.

 

● Memorial care support: When you pass away, Singlife's dedicated team will guide your family with arrangements.

 

 Yearly coverage boost: Your funeral costs plan gets valuable over time because your coverage increases every year at no additional cost. This may help you cover possible price increases in funeral arrangements. (Yearly coverage boost is not guaranteed, subject to market performance.)

 

Financial protection

 

While adding an insurance plan to your budget is an extra expense, it may help provide peace of mind and financial support in crucial moments. 

 

Take, for example, the story of John. He was the sole provider for his senior parents. Tragically, John suddenly passed away in his sleep at the young age of 28. But, because of the insurance policy he got from Singlife, his parents received a benefit of almost P1.5 million from his Singlife policy, helping them financially bounce back from their son's death and grieve their loss without added financial strain. John's insurance plan prepared him and his family for that difficult time, thanks to Singlife.

 

Singlife Philippines and GCash innovate together to provide financial security for Filipinos

The steps in purchasing Singlife's Cash for Funeral Costs on GCash 

Singlife Philippines and GCash recognize the importance of financial security in every life stage for Filipinos. Even at the end, sending you off with dignity should not have to push your loved ones into a financial crisis. Death may be unpredictable, but Cash for Funeral Costs puts financial control in your hands and helps you make a choice to financially prepare for this moment and focus on leaving a lasting legacy for your loved ones.

 

"Singlife deeply understands the Filipino commitment to family and the importance of dignified farewells. Recognizing that funeral costs can significantly add to the emotional burden, we aim to offer financial security at all life stages, ensuring Filipinos have access to funds when most needed. In collaboration with GCash, our Cash for Funeral Costs product empowers Filipinos to save progressively, allowing for seamless preparation for these inevitable expenses. This partnership offers a hassle-free and flexible solution to planning ahead, ensuring every Filipino can approach life's final moment with dignity, devoid of financial worry, and in a manner that truly honors their loved ones," says Sherie Ng, Co-founder and Executive Director of Singlife Philippines.

 

"GCash aims to provide financial access for all through its innovative digital solutions. We believe in working with like-minded partners like Singlife and with their new product, we will be able to help enable more Filipinos to prepare better for the inevitable," says Winsley Bangit, Vice President and Group Head for New Businesses of GCash.

 

A flexible and fully digital funeral costs product purchase journey

 

Cash for Funeral Costs gives customers the opportunity to pick their preferred funeral arrangements, see how much it costs, and get the coverage that is enough to fulfill those. The easy part? Customers may complete this process in under five minutes via GInsure on GCash.

 

The steps in purchasing Singlife's Cash for Funeral Costs on GCash 

Peace of mind for every Filipino

 

Life may throw its curveballs, but preparation is always a choice. Choosing to be ready with Cash for Funeral Costs is a gesture of love to those who will carry our stories forward.

 

Singlife Philippines' financial products are designed with the Filipino consumer in mind. They are not just insurance or savings plans; they are tools that Filipinos may use to secure their financial future, achieve their goals, and protect what matters most to them, even beyond life. 

 

Whether you are looking to safeguard your income, save for your child's education, or protect your family's well-being after passing, Singlife Philippines has a financial product that can meet your needs.

 

 

Check out the Cash for Funeral Costs in GInsure in GCash  here.

 

To learn more about the Cash for Funeral Costs, visit  https://singlife.com.ph/cffc/.  

 

For more information about Singlife Philippines, visit their  official website or check out their social media accounts on  Facebook Instagram, and  TikTok.

NOTE:  BrandNews articles are promotional features from our sponsors and not news articles from our editorial staff.

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