Singlife Philippines is thrilled to offer Filipinos the ultimate Christmas gift: The Gift of Financial Wellness this festive season.

"In the Philippines, Christmas is a celebration that touches our hearts deeply. Gift-giving here transcends mere tradition — a heartfelt expression of gratitude towards our families, friends, employees, and clients. This year, Singlife is revolutionizing this tradition with a gift like no other: The promise of financial wellness. It's more than just a present; it's a commitment to nurturing and protecting your financial future — a gift that continues to give long into the future," said Sherie Ng, co-founder and executive director of Singlife Philippines.

Those who want to begin their financial wellness journey can download the Singlife Plan and Protect App. All it takes to get started is just a P250 deposit into your Singlife Emergency Fund. With this, you'll earn a tax-free 5 percent yearly interest rate while securing instant life insurance coverage worth 3X your monthly income. This protects your money and provides peace of mind for your family in case of unforeseen events.

With only 1.75 percent of Filipinos having life insurance, many remain vulnerable to life's uncertainties. The 2021 Financial Inclusion Survey by the Bangko Sentral ng Pilipinas shows that while there needs to be a clearer understanding of insurance's importance, many find it financially challenging to acquire.