BAYAD AND SUN LIFE GREPA MAKE INSURANCE SERVICES MORE ACCESSIBLE FOR FILIPINOS

CHAMPIONING DIGITAL FINANCIAL INCLUSION: Bayad Marketing and Account Officers (standing, 2^nd to 6^th from left) with Sun Life Grepa Affinity Marketing Sales Head for Partnership Distribution Marge Estrera (standing, leftmost) are present with (seated left to right) Sun Life Grepa Vice President for Affinity Marketing Joen Songco, Sun Life Grepa President Richard Lim, Bayad President and CEO Lawrence Y. Ferrer, and Bayad Chief Commercial and Marketing Officer Dennis S. Gatuslao.

Bayad, the pioneer brand in the outsourced payment collection system in the Philippines, officially seals its partnership with Sun Life Grepa Financial, Inc. (Sun Life Grepa), a major life insurance company in the Philippines.

As Bayad beefs up its partnership with Sun Life Grepa, its mobile application - Bayad App will now be able to directly make available a variety of insurance plans to its subscribers, apart from enabling the acceptance of monthly payments for insurance premiums.

Bayad President and CEO Lawrence Y. Ferrer shared, “Our sole purpose at Bayad has always been centered on elevating the quality of living of Filipinos, and a huge part of our role is to help our kababayans safeguard the most valuable things in life, their physical and financial wellbeing. With this, we continue to maximize our digital payment offerings by partnering with forward-thinking financial institutions like Sun Life Grepa. Now more than ever, we recognize the increasing need for security in cases of death, unforeseen accidents, hospitalization costs from illnesses, and retirement financial plans. We are one with Sun Life Grepa in enabling worry-free insurance payment solutions.”

“At Sun Life Grepa, we have always been committed to making life brighter for Filipinos through offering life insurance products that empower individuals and families to secure their future.“ said Sun Life Grepa President Richard Lim. This partnership with Bayad aligns perfectly with that direction. Its extensive network and expertise in payment solutions make them a remarkable partner to help us reach more Filipinos. We have the highest confidence that we will be able to offer an outstanding client experience but also reinforce our commitment to financial inclusion and security.”

Visit www.sunlifegrepa.com to learn more about Sun Life Grepa products and services.

For fintech institutions like Sun Life Grepa Financial that are interested to be part of Bayad’s extensive biller network, you may send an email to partnerships@bayad.com. Bayad enables partners to attain nationwide presence and provides end-to-end support services for efficient payment and collection processing.