Malayan Insurance Co., Inc., a leading non-life insurer in the Philippines, has launched a zero percent interest installment payment facility aimed at making comprehensive coverage more accessible and affordable for Filipinos.
The initiative allows policyholders to spread premium payments over manageable monthly terms without additional cost, addressing shifting economic priorities that often push insurance protection behind more immediate expenses.
Under the new scheme, customers can secure coverage for products such as AutoMaster car insurance and Home Protect without paying a lump sum upfront. Instead, annual premiums may be divided into flexible terms, including three or six months, with no interest or hidden charges.
Despite the staggered payments, Malayan Insurance said policyholders receive immediate and full coverage upon approval of the installment plan, ensuring continuous protection with no gaps.
“Our mission has always been to give our clients peace of mind and financial security during life’s unexpected events,” said Paolo Y. Abaya, president and chief executive officer of Malayan Insurance.
“Through these 0 percent installment options, we aim to remove financial barriers to protection and ensure that every Filipino can safeguard what matters most—easily and affordably,” he added.
The installment facility is now available for policies purchased through select participating credit card partners. Customers may opt for the payment method via the company’s official website.
Malayan Insurance said the move forms part of its broader effort to expand financial inclusion and encourage more Filipinos to invest in protection for their homes and vehicles.
