Singlife Philippines has introduced “Protect from Funeral Costs,” a new whole life insurance product designed to help Filipinos cover end-of-life expenses.
The product offers a lump sum benefit of up to P500,000 to provide financial peace of mind to policyholders and their families by assisting with funeral arrangements and other related costs. The offering is fully accessible through Singlife’s digital mobile platform.
“Losing someone you love is already one of life’s most difficult moments, and having to rely on ‘abuloy’ or having to pass the hat just to pay for funeral costs makes it even harder,” said Lester Cruz, chief executive of Singlife Philippines.
“Protect from Funeral Costs allows you to prepare in advance and leave behind a final act of love, one that ensures your family can grieve without financial worry. It’s part of our mission at Singlife: to empower every Filipino toward financial independence—in life, and beyond it,” he said.
