True to its vision of fulfilling the customer need, Robinsons Banks venture into the Bancassurance business through the IPONsurance, sought to provide Filipinos with better and more affordable choices toward a financially secure future.
In October, the Bank released the very first IPONsurance death claim in Visayas even when the account was just recently opened before the owners sudden passing, the family was able to receive the claim without any difficulty. It also helped provide financial support to the family through the difficult time and allowed for their money to return three-fold.
For just a minimum deposit of P20,000, an interest-bearing savings account comes with a free life insurance coverage that is worth up to four times the accounts average daily balance.
Covering individuals up to 65 years of age, the IPONsurance makes a great alternative for recent retirees who may have missed the traditional age requirement cut-off of other life insurance companies.
Moreover, those who wish to open an account will not be required to provide any medical clearance, and insurance coverage is provided instantly upon opening of the account.
With the goal of securing the lives of more Filipinos, Robinsons Bank, and the countrys leading life insurer, Pru Life UK has once again inked its Distribution Agreement Renewal, effective Feb. 1, 2021.
The agreement extends RBanks and PLUKs partnership for another three years, ensuring that Filipinos can have easy access to protection through an affordable life insurance product.
The financial services arm of the JG Summit Group of Companies, RBank has always strived to provide Filipinos the benefits of financial services.