Philam Daily life, a subsidiary of the AIA Group Firm, introduced its most recent new item called “Health Invest” that seeks to offer policyholders with monetary protection should they be inflicted with health-related hazards.
“It is a actuality and inevitable that we will increase outdated and get sick. This item enables us to be ready for these circumstances,” explained Philam senior vice president and head of marketing and advertising Jessica C. Abaya informed reporters during a media roundtable discussion at Marco Polo Hotel Davao.
She said Filipinos are concerned of their health but are not financially ready when sickness strikes the household.
“A lot of will consequence to loaning, savings, or marketing their very own home but what will give a peace of mind is a prepare like Health Invest,” she stated.
In a press release, Health Invest delivers both insurance and investment rewards in one. It also lets policyholders construct a health fund for potential health care specifications.
“It is a daily life insurance strategy since if something happens to you, your beneficiaries will get something. It is a health prepare because if you are diagnosed with a critical illness, upon diagnosis you will get an volume depending on your plan,” Abaya stated.
She also said there is no need to spend potential premiums due to the fact no matter what money the policyholder has will develop overtime.
“The policy holder can also enhance their health fund by topping-up premium payments anytime they want,” Abaya explained.
She stated the fund is not strictly for health simply because the holder may use it for other needs if the fund has not been utilised for health related wants.
“If the policy holder is healthy during their lifetime, they can use it for other requirements like attractiveness enhancement, travelling or whatever they like to reside a good retirement,” Abaya mentioned.
Published in the Sun.Star Davao newspaper on April 07, 2014.