Sun Life Grepa Financial, Inc. (Sun Life Grepa), a major insurer in the country, has partnered with ExpressPay Inc., the leader in payment services franchising, with the objective of making insurance simpler and more accessible to the underinsured population in the Philippines.
Affordable Sun Life Grepa insurance plans will be made available across ExpressPay branches nationwide.
“We are honored that Express Pay entrusted the life insurance plans of their clients to Sun Life Grepa,” Sun Life Grepa Vice President and Head of Affinity Marketing Joen M. Songco said. “Both companies are positive that this partnership will reinforce our commitment to close the significant life insurance protection gap in the country.”
Sun Life Grepa President Richard S. Lim confirms the sentiment. “We believe that financial protection knows no bounds. This partnership helps break down barriers and empowers people with the protection they need. It truly supports our mission of providing lifetime financial security to Filipinos.”
“Financial inclusion has always been one of our key priorities,” ExpressPay President Anson T. Uy said. “As we continue to innovate, ExpressPay recognizes the need to provide its clients value-added service that will enable them to be ready for uncertainties and create a more financially secure future for their families.”
The agreement was signed by Sun Life Grepa executives Richard S. Lim, President, and Joen Songco, Vice President for Affinity Marketing, together with ExpressPay Inc. President Anson T. Uy and Business Development Head Helena Respicio.
Formed in 2011, ExpressPay is a member of Safesoft Solutions, Inc. a leading provider of information technology solutions in the Philippines while Sun Life Grepa is a joint venture between Sun Life Philippines and the Yuchengco Group of Companies.