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September 24, 2023

Sun Life Grepa, ExpressPay partner to expand insurance accessibility nationwide

Sun Life Grepa Financial, Inc. has joined forces with ExpressPay Inc., a leader in payment services franchising, in a move aimed at bridging the insurance gap and extending financial protection to the underinsured population.

The partnership’s primary goal is to simplify and enhance access to affordable insurance plans offered by Sun Life Grepa.

These plans will now be made available at ExpressPay branches across the Philippines, making it easier for customers to secure essential life insurance coverage.

“We are honored that ExpressPay entrusted the life insurance plans of their clients to Sun Life Grepa,” said Joen M. Songco, VP and head of Affinity Marketing at Sun Life.

Richard S. Lim, president of Sun Life Grepa, said that financial protection should be accessible to all.

“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,” he said.


Three rural banks merge to enhance financial stability

Three rural banks have successfully merged in a move aimed at bolstering their financial stability, as confirmed by the Bangko Sentral ng Pilipinas (BSP). The merger officially took effect on July 13, following the necessary regulatory approvals, as detailed in a circular letter signed by Bankero and BSP Deputy Governor Chuchi G. Fonacier on September 15.

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