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A woman wears many hats and has varied concerns. While she cares for others, she also needs time to care for herself.
Insular Life (InLife) has always recognized women’s varied roles and knows that they need a strong and reliable company to lean on when it comes to securing their health and financial future.
Recognizing women as pillars of strength, the leading life insurer has vowed to empower them through its products and services. In 2019, it launched InLife Sheroes, a series of lectures and forums that tackle women’s financial health and other concerns.
It recently hosted the “InLife Sheroes #InAko” event via Facebook. It featured actress and women empowerment advocate Iza Calzado, mompreneur and blogger Shari Poquiz, health advocate Dr. Gia Sison, and actress and songwriter Abby Asistio, who shared their experiences and insights on becoming financially secure and independent.
InLife also partnered with GCash to make it more convenient and secure for women to pay for their insurance premiums.
"The pandemic has taken a toll on a lot of people. It has become especially challenging for women as they must think of their physical, mental, and financial health ever more during these challenging times. Through our partnership with GCash, we hope to ease some of their worries as they would have access to affordable insurance plans and, at the same time, forward payments safely and conveniently,” said Noemi Azura, InLife senior executive vice president, Digital Insurance head, and Insular Health Care president and CEO.
The products that are available through the financial app include term life insurance and accident insurance plans that do not need medical exams to purchase. These plans include hospital income, surgical, and disability benefits which are helpful in times of medical emergencies
Through these products the whole family can be covered because children as young as two weeks old (15 days) and the elderly (up to 64 years old), can be covered with the appropriate plan.
The protection you need
The products available on GCash are term insurance plans categorized into two offerings: Accident products also called the Shield Plans, and the income replacement products in two variants, called the Protect and Premium Protect Plans.
Shield Plans or the accidental death and disability (AD&D) plans are the most affordable. This plan starts at P99 for a one-year personal AD&D coverage worth P50,000. A variant, called the Junior Shield covers both the parent and the child for only P195 with P50,000 coverage for the insured and P12,500 for the dependent child. There are also variants that cover your spouse or your parents. Apart from the accidental death and disability benefits, the Shield Plans also provide accidental medical and surgical reimbursement benefits.
Protect Plans, on the other hand, offer three-in-one protection that includes a term life insurance plan with accidental death and disability benefit, and accidental hospital income benefit. These plans are perfect buffer for mothers or breadwinners who need to protect their income, while being in the hospital. The most affordable protect plan starts at P250 for a one-year coverage.
On the other hand, Premium Protect Plans offer higher life insurance coverage plus daily hospital income benefits for confinements due to accidents or sickness, including COVID-19, which is very useful during these times.
Peace of mind
For the Filipino woman, who’s been the primary caregiver in the home, these products offer more peace of mind.
“Our sheroes are doing a lot for the home, the community, and the country. In recognizing all their hard work, it is also essential that we help them be their best. This is why the InLife Sheroes Movement is here, and we hope to create more partnerships with organizations that share our mission of empowering more women across the country,” Azura said.
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Editor’s Note: This article was provided by Insular Life.