PayMaya has joined with Bolttech a Singaporean Insurance agency to develop a microinsurance service. It is available as an app in the Philippines. It will offer two main services at launch, Personal Protect offering compensation for dengue, COVID, and Permanent total disability and Mobile Protect offering compensation for damage to mobile devices. A key function of this service is its flexibility, it is designed to allow people to access insurance as a subscription service, and with more opportunity to choose the cover that is most relevant. Customers can sign up in a matter of minutes and can get instant coverage through the app, from where they can continue to manage their policies and claims.