PayMaya has announced a new partnership with insurtech unicorn Bolttech to offer flexible and affordable insurance products to Filipinos. The new PayMaya Protect feature within the app will now give users easy access to both personal health and mobile insurance coverage and service plans.
Personal Protect offers flexible and affordable health insurance that can cover dengue & COVID-19 medical expenses as well as Permanent Total Disability caused by accidents, dengue or COVID-19. Pioneer Insurance, a trusted name in the insurance industry that has been serving Filipinos since 1954, is the insurance provider for Personal Protect.
PayMaya President Shailesh Baidwan said in a press statement:
“Our initial offers for health insurance and device protection are very relevant now, especially among our younger customers seeking better ways to protect what matters most to them. Our goal is to bring more insurance and other protection products closer to the hands of every Filipino. Our deep understanding of our customers combined with bolttech’s leading-edge expertise will enable us to achieve this through our top-rated and reliable PayMaya app”
The insurance plans PayMaya Protect offers go as low as PHP 85 per month and include coverage of over PHP 500,000. Here are the three different plans under Personal Protect:
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
As for Mobile Protect, which is offered by bolttech, users can purchase mobile phone repair services for Cracked Screen and Accidental and Liquid Damage for as low as Php 21/month. Here are the two Mobile Protect packages that are being offered through PayMaya Protect:
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
Those interested in picking up any of the plans PayMaya Protect offers need only tap the Protect button in the PayMaya app, choose Mobile or Personal Protect, pick their desired package, input their details, and process the payment using the PayMaya app’s e-wallet.