Another Easy Way to Pay Your Premiums with InLife
Bills Presentment: Another first for InLife
"Your convenience, security and safety are paramount to us, so we keep looking for ways of providing new channels to deliver the services that you deserve,” Insular Life (InLife) President and CEO, Mona Lisa B. Dela Cruz said as she announced the launch of another first in the insurance industry, the Bills Presentment Payment Facility. This payment option covers both initial premiums for new policies and renewal premiums for existing policies.
For the 'New Business Bills Presentment,' applicable to new policies, the policyholder will receive a billing notification through email and/or SMS containing a payment link for the initial premium due once the application is approved.
For the 'Renewals Bills Presentment,' applicable to existing policies, the policyholder will receive a billing notification through email and/or SMS containing a payment link on the following billing schedules:
1st Regular Billing Notification
- Non-Monthly Billing Mode – 30 days before premium due date
- Monthly Billing Mode – 26 days before premium due date
2nd Reminder Billing Notification – 13 days after premium due date
Once the billing notification is received, the policyholder may follow these three easy steps, to pay the premium online and on time.
1. Click on the payment link in the billing notification
2. Input the One-time Pin (OTP) sent via email/mobile phone
3. Input the MasterCard/Visa card details to process the payment
Once payment is approved, the policyholder will instantly receive an Acknowledgement Receipt (AR) through his/her email or Customer Portal Mailbox or mobile phone. For new policies, the policyholder may expect the policy contract to be e-mailed to within 2-3 working days.
Other News & Press Releases
InLife President and CEO Raoul E. Littaua and Chief Human Resources Officer Rozana G. Pecson received the HR Asia Best Companies to Work for in Asia 2023 and Digital Transformation Award during the recently held HR Asia Gala Dinner and Awards Ceremony 2023.
Megastar Sharon Cuneta and her daughter Miel Pangilinan star in the newly released Insular Life (InLife) video to inspire Filipinos to act on their dreams now and secure the best future for themselves and their families.
Insular Life’s (InLife) Chief Information Security Officer Noel Andres M. Perdigon recently received the GRC (Governance, Risk, and Compliance) Leader of the Year Award at the PhilSec Awards 2023.
Insular Life (InLife), the country’s first and largest Filipino life insurance company, received its 7th consecutive Domestic Life Insurer. Philippines award from the Insurance Asia Awards.
Insular Life (InLife), the country’s first and largest Filipino life company, recently launched Abundance, its new product that offers a limited paying period but gives guaranteed regular payouts.