Sun Life Grepa and RCBC empower working women

In recent years, more and more women have been playing larger roles as breadwinners for their families. While this is seen as an empowerment of women unseen in earlier generations, this can also mean that their families can experience a blow if these women encounter unexpected life emergencies.

Unfortunately, the attainment of life insurance coverage that could help women in such uncertain times remains at low levels in the Philippines, primarily because of the perception that insurance is expensive. Economically, Filipinos have always prioritized securing their basic needs over getting a life insurance policy the latter being seen as more of a luxury than a necessity.

To help address this, Sun Life Grepa Financial, Inc. (Sun Life Grepa), one of the top life insurance companies in the Philippines, strengthens its partnership with RCBC for RCBC eWoman, a deposit account product that primarily targets the bank’s female clientele, by giving life insurance completely free of charge as part of the RCBC eWoman product benefits bundle.

Sun Life Grepa's partnership with RCBC eWoman seeks to provide depositors with the assurance that their loved ones are financially secure should anything unexpected happen to them.

RCBC eWoman offers its account holders with options for either a savings or a checking account, which includes a free life insurance coverage underwritten by Sun Life Grepa. Every RCBC eWoman account holder can have peace of mind knowing that their family's basic needs will be covered if something happens to them.

For a minimum opening or maintaining balance of fifteen thousand pesos, the enhanced RCBC eWoman product bundle offers current and existing account holders Sun Life Grepa life insurance coverage of 300 percent of the opening or maintaining balance with a maximum limit of two million pesos.

“We are pleased to offer greater financial security to the RCBC eWoman account holders,” says Sun Life Grepa President Richard Lim.

“This effort is part of our continuing mission of providing financial protection to more Filipinos nationwide.”