True to its vision of fulfilling the customer need, Robinsons Bank’s venture into the Bancassurance business through the IPONsurance, sought to provide Filipinos with better and more affordable choices towards a financially secure future.
Just last October, the bank released the very first IPONsurance death claim in Visayas.
Even when the account was just recently opened before the owner’s 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.
Through IPONsurance, RBank offers a way for Filipinos to be insured and to provide protection to their families in case of unforeseen events.
For just a minimum deposit of P20,000, the interest-bearing savings account comes with a Free life insurance coverage that is worth up to four times the account’s Average Daily Balance (ADB).
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.