AUB partners with Singlife to offer microinsurance within its platforms
The Asia United Bank (AUB) has partnered with digital insurer Singlife Philippines to allow its customers to tap microinsurance products through its platforms.
In a news release on Wednesday, AUB and Singlife announced the launching of the Singlife Insurance Microsite which can be accessed directly through the bank’s e-wallet ecosystem, namely HelloMoney and Hello Pag-IBIG.
Through the in-app microsite, AUB’s customers can explore, purchase, and manage Singlife’s insurance products directly.
In particular, customers can access Singlife’s flagship products such as Cash for Income Loss (Accidents), which covers up to P1.8 million in case of disability or death due to accidents, and Cash for Medical Costs, providing up to P1.3 million for hospitalization or upon diagnosis of 125 listed critical conditions.
“Our mission has always been to empower Filipinos with innovative and accessible financial solutions,” said AUB president Manuel Gomez.
“By partnering with Singlife Philippines, we are expanding the value we deliver to customers, helping them not only spend, save, and pay conveniently, but also secure their future through affordable and easy-to-access protection,” said Gomez.
“We’re incredibly excited about this partnership with AUB, one of the country’s top banks, as it brings us closer to our mission of making insurance truly accessible to every Filipino.” said Singlife Philippines CEO Lester Cruz.
“By embedding our digital-first protection solutions into the HelloMoney app, we’re not just offering convenience but also empowering more people to take charge of their financial future with confidence, control, and ease. This is a big step towards transforming how Filipinos experience insurance,” said Cruz. —AOL, GMA Integrated News