Philam Life offers protection even at early stages of a critical illness

To help Filipinos become financially prepared against health setbacks, Philam Life recently launched Health Invest Plus—its flagship health product and the latest addition to its health portfolio. It is a health and life insurance plan that takes care of one’s health now and in the future. It provides financial protection even from the early stages of a critical illness like heart attack, cancer, and stroke— which are the top causes of death in the country.

In a press conference held recently, Philam Life Chief Marketing Officer Jaime Jose Javier Jr. shared that Health Invest Plus provides financial protection for both early stage and major critical illnesses, including cancer, heart attack and stroke— which are the top causes of death in the country. He also noted that Health Invest Plus’ key benefit is that it provides cash payments even for early stage critical illnesses to help clients financially on their way to recovery. Most critical illness plans do not cover early stage conditions.

Philam Life offers financial protection even at early stages of a critical illness. To help Filipinos be financially prepared to address serious health issues, the Philippine American Life and General Insurance Company (Philam Life) recently launched Health Invest Plus – its flagship product this year and the latest addition to its health portfolio. During the launch, Dr. Emily Tan-Aventura (center), a critical care specialist, shared her advice on early stage detection and treatment that can improve the chances of recovery, while Philam Life Chief Marketing Officer Jaime Jose Javier Jr. (left) presented Health Invest Plus, a health and life insurance plan that provides financial protection even during the early stages of a critical illness like heart attack, cancer and stroke – the top causes of death in the country. Stressing the value of being prepared financially, Dr. John Solamo (right), a comprehensive ophthalmologist, related how having a life insurance plan had helped him survive a critical heart condition. Health Invest Plus covers number of critical illnesses among unit-linked plans on the market.

Philam Life offers financial protection even at early stages of a critical illness. To help Filipinos be financially prepared to address serious health issues, the Philippine American Life and General Insurance Company (Philam Life) recently launched Health Invest Plus – its flagship product this year and the latest addition to its health portfolio. During the launch, Dr. Emily Tan-Aventura (center), a critical care specialist, shared her advice on early stage detection and treatment that can improve the chances of recovery, while Philam Life Chief Marketing Officer Jaime Jose Javier Jr. (left) presented Health Invest Plus, a health and life insurance plan that provides financial protection even during the early stages of a critical illness like heart attack, cancer and stroke – the top causes of death in the country. Stressing the value of being prepared financially, Dr. John Solamo (right), a comprehensive ophthalmologist, related how having a life insurance plan had helped him survive a critical heart condition. Health Invest Plus covers number of critical illnesses among unit-linked plans on the market.

Health Invest Plus provides lump-sum benefits when diagnosed with any of the 56 covered major critical illnesses—the most among unit-linked plans in the market. (Unit-Linked Products are life insurance and investment plan-in-one where the benefits are linked to the returns of a chosen investment fund.) Future premium payments will also be waived. If one is diagnosed with a covered early stage critical condition, 25 percent of the Critical Illness coverage will be given in advance.

Health Invest Plus’ critical illness coverage is until age 75— when one is already in his retirement years and has a greater need for health coverage. Most critical illness plans do not cover until this age.

Since Health Invest Plus is a unit-linked plan, premium payments are invested, allowing one to grow a Health fund, which can be used for health maintenance or other costs during one’s later years.

The plan also provides cash benefits for accidental injuries or disabilities and loss of life, providing comprehensive coverage for policyholders now and in the future.

“With Philam Life’s Health Invest Plus, customers can have peace of mind knowing they are financially prepared against health setbacks now and as they grow older, so they can be there for their family,” said Javier. He also encouraged Filipinos “to assess their current health coverage as majority of us are not prepared for the costs that come with the diagnosis of a critical illness, as well as other health concerns.”

Preparing for health emergencies with the right plan and financial partner

Attesting to the importance of having a health plan to prepare for the unexpected is Dr. John Solamo, an eye doctor, a running enthusiast and a family man.

He underwent an open heart surgery at age 42 to bypass the dangerous arterial blockages, discovered after going through a stress test. At the time of his operation, Solamo had just placed his life savings into the purchase of a new home for his family.

Fortunately for him, he secured a health insurance policy from Philam Life when he was just 34, when a life-threatening disease came unexpected for the physically fit doctor. Had it not been for this health and life insurance policy, he could not have afforded the cost of his surgery and his young family could have been in deep financial trouble.

“When I heard that I had to undergo heart surgery, I worried about not being able to fulfill my obligations to my family and that I will not be there for my kids. On the other hand, I am thankful that I was diagnosed to have a heart disease, when I could still be treated,” he said.

This experience taught Solamo that the right insurance product can prepare him and his family for unexpected health difficulties that can happen to anyone, anytime. For such unforgettable experience, he has become one of the staunchest advocates of financial preparedness as a means to combat health emergencies.

In getting a health and life insurance plan, it is also important to deal with a trustworthy financial company which has proven its stability, trustworthiness and strength over the years, and with a track record of keeping its promises. This will give the assurance that benefits will be delivered when the time comes.

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