PayMaya has just released new, low-cost insurance products through the PayMaya App.
Users may now get affordable health insurance and mobile service plans in just a few minutes thanks to the new PayMaya Protect feature in the PayMaya app. PayMaya has a variety of plans, including Personal Protect and Mobile Protect.
Personal Protect provides health insurance that can cover medical expenses related to dengue and COVID-19, as well as Permanent Total Disability resulting from accidents, dengue, or COVID 19. Personal Protect’s insurance is provided by Pioneer Insurance.
PayMaya has packages starting at PHP 85 per month with up to PHP 500,000 in coverage. The various packages are listed below.
Basic Protect Plan for PHP 85 per month includes:
- Diagnosis benefit for COVID-19 or Dengue
- Daily Hospital Confinement benefit due to COVID-19 or Dengue
- Permanent Total Disability benefit due to COVID-19, Dengue, or Accident
- Total coverage amount: PHP 523,000
Advanced Protect Plan for PHP 95 per month includes:
- Diagnosis benefit for COVID-19 or Dengue
- Daily Hospital Confinement benefit due to COVID-19 or Dengue
- Permanent Total Disability benefit due to COVID-19, Dengue, or Accident
- Intensive Care Unit benefit for confinement in an ICU due to COVID-19 or Dengue
- Total coverage amount: PHP 543,000
Holistic Protect Plan for PHP 105 per month includes:
- Diagnosis benefit for COVID-19 or Dengue
- Daily Hospital Confinement benefit due to COVID-19 or Dengue
- Permanent and Total Disability benefit due to COVID-19, Dengue, or Accident
- Intensive Care Unit benefit for confinement in an ICU due to COVID-19 or Dengue
- Burial/Cremation Cash Assistance benefit for death due to COVID-19 or Dengue
- Total coverage amount: PHP 553,000
Mobile Protect on the other hand is offered by bolttech and users can purchase services for Cracked Screen and Accidental and Liquid Damage for as low as PHP 21 per month. There are two Mobile Protect packages to choose from.
Cracked Screen package starting from PHP 21 per month includes:
- Protection package for screen only
- Up to 2 repairs within 12 months
- Repair within 24 hours
- Free pick-up and delivery
Accidental & Liquid Breakage package starting from PHP 31 per month includes:
- Protection package for your phone
- Up to 2 repairs OR 1 repair + 1 replacement within 12 months
- Repair within 24 hours
- Free pick-up and delivery
Users will only need to hit the protect button on the PayMaya app to select their desired packages and proceed to pay using an e-wallet, according to PayMaya. PayMaya is available for Android and iOS users to download.