Finance

Singlife introduces all-in-one funeral plan available on app

Singlife Protect from Funeral Costs covers up to PhP 500,000

Published

on

Singlife Philippines has introduced an all-in-one funeral plan called Protect from Funeral Costs, available on the Singlife Plan & Protect app.

This plan offers a lump sum benefit of up to PhP 500,000 (approx. US$ 8,992) to help families manage end-of-life expenses.

It is fully accessible through Singlife’s all-digital mobile platform to empower Filipinos to prepare responsibly and show their loved ones a final act of love.

The Singlife Plan & Protect app is downloadable on the App Store and Google Play.

Protection you leave behind

The coverage is also both customizable and affordable. Customers can avail of coverage from PhP 100,000 to PhP 500,000.

Premiums start at just PhP 447 a month, and customers can choose from payment terms of five or 10 years. The coverage also lasts until age 120.

Moreover, on the app, customers can leverage a built-in financial needs analysis feature. This helps families estimate how much they may need based on these following criteria:

  • preferred funeral type
  • casket
  • memorial lot
  • number of viewing days
  • expected guests

The unique tool empowers families to plan ahead, given that most people do not realize how much funeral expenses actually cost.

They can also get an instant PhP 300 in Singlife credits when they try out the financial analysis tool.

Those availing of the plan can also extend the protection to their spouse or children. Starting from the second policy year, they have the option to enroll their child for coverage at no extra cost. This means no more need to buy a separate policy for them.

Furthermore, those who become permanently disabled during their premium payment period wouldn’t have to worry about future payments. The premium payments will be waived but the coverage will remain active and in force.

The policy also builds cash value over time. From the fourth year, customers can borrow to give extra financial flexibility when needed.

Lastly, beneficiaries of the plan will receive 10% of the cash benefit in advance upon submission of the policyholder’s death certificate and identity verification.

This helps cover urgent funeral expenses while the remaining amount is released upon claim approval.

Finance

New luvit card offers flexible Buy Now, Pay Later installments

Simple application process, borrow up to PhP 200,000

Published

on

FinVolution Group has unveiled the luvit card, making everyday payments accessible and flexible for users through a Buy Now, Pay Later approach.

The rollout marks the company’s move into card-based solutions, bringing installment-enabled transactions into a format that works both online and in physical stores — whether locally or abroad.

To get started, simply download luvit via the App Store or Google Play. Signing up on the app only needs minimal requirements and fast approval.

Once approved, users can start using the Mastercard-powered physical luvit card for a range of expenses. This includes daily purchases, bills, travel bookings, and other lifestyle spendings.

Users can borrow from PhP 2,000 to PhP 200,000 (~US$ 32.56 to ~US$ 3,255.80).

The Buy Now, Pay Later card is designed to accommodate various financial needs. Users can repay in installment options that work for them. In addition, a 0% interest installment is available for the first 40 days.

Continue Reading

Finance

Atome now allows in-app bill payments with Bayad partnership

Pay for utilities, internet, government contributions directly within the app

Published

on

Atome Philippines has partnered with Bayad to allow users to pay for utilities, internet, and government contributions directly within the Atome app.

The integration with the country’s largest bill payment aggregator is designed to help Filipinos manage household budgets more easily without the need for extra steps.

Atome users no longer need to switch from one app to another, nor visit websites to handle monthly bills. Bayad’s extensive network of billers and service providers can be accessed through the platform.

As such, electricity and water bills, as well as government fees, can be paid for directly via the app.

Beyond convenience, users will likewise earn Atome rewards points on every utility bill payment they make.

The partnership between Atome and Bayad is an important step in financial inclusion in the Philippines.

It gives unbanked and underbanked individuals a simpler and more rewarding way to manage essential household expenses.

Atome is known popularly for its Buy Now, Pay Later (BNPL) offering. It has tie-ups with retailers like fashion, beauty, travel, and more.

The digital financial service platform also offers a Mastercard-powered BNPL card, as well as petty cash loans.

Continue Reading

Finance

Maya waives withdrawal, InstaPay transfer fees for Middle East remittances

Until April 10, for families relying on remittances from loved ones in the region

Published

on

Maya Savings

Maya is extending support to Filipino families receiving remittances from loved ones working in the Middle East. This is through rebates for withdrawal and InstaPay transfer fees until April 10 as developments continue to unfold across parts of the West Asian region.

From March 23 until April 10, Maya users who receive remittances from select Middle Eastern countries can unlock a set of transaction rebates. This is designed to help them access and use the funds more easily.

Select countries include: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, Israel, Lebanon, and Jordan.

The region remains one of the Philippines’ most important remittance corridors. There are an estimated 2.4 million Filipinos residing in the region, based from Department of Foreign Affairs (DFA) data.

These overseas-based citizens contribute over US$ 6.4 billion in remittances in 2025 alone, based on preliminary Bangko Sentral ng Pilipinas (BSP) data.

Eligible Maya users who activate Maya XP will receive the following rebates:

  • ATM withdrawals: PhP 18 credited back per transaction
  • InstaPay transfers: PhP 15 credited back per transaction

In addition, eligible users may also enjoy cashback on mobile load purchases. The discount ranges from 1% to 3%, depending on their Maya XP level.

After receiving a qualifying remittance, eligible users will receive an invitation to activate
Maya XP. The invite will pop up within one to three days.

Eligible users can activate their Maya XP directly within the Maya app by accessing the Maya XP  section in the Wallet Dashboard or Profile page and completing the quick “Get started” process, including providing the required consent.

Once activated, users can immediately begin enjoying rebates on eligible transactions.

Continue Reading

Trending