Put yourself at ease by protecting those you love
10 June 2021
At the core of the battle against the COVID-19 pandemic is a basic principle —protection. All around the world, countries tried to protect their citizens from spreading the infection by declaring lockdowns or implementing state-wide quarantines.
From a medical perspective, doctors and nurses are fighting bravely in the frontlines to help infected patients recover by improving their health conditions. Moreover, there is an ongoing race globally to develop a vaccine and protect more people from further health and economic impacts of the health situation.
Businesses and schools went through shutdowns and implemented "work from home" arrangements and online learning modules respectively, to prevent employees and students from contracting the virus.
On financial matters, the easing of restrictions and the resumption of many businesses (albeit following specific safety protocols), is a way of protecting the economy from going into complete recession.
Protecting the household
Closer to home, individuals have started to protect themselves and their families and loved ones by investing in or spending on materials that they did not necessarily budget for in the past.
Disposable face masks have become part of most households' regular budget, part of their daily protection wear. Others have even invested in reusable or washable face masks. Some have taken it a step further by buying other personal protective equipment (PPE) such as face shields and goggles.
READ: Health: the foundation of your road to success
There has also been an increased demand for disinfectants, rubbing alcohol, and hand sanitizers, protecting themselves from contamination and infection.
Others have spent a little extra to protect themselves by boosting their immune systems, buying Vitamin C, multivitamins, and even health drinks.
Insurance: protection beyond the pandemic
While investing in all these are good ways to protect oneself from the virus, we should also explore another aspect of protection that will help us through the pandemic, and even beyond: life and health insurance coverage.
Health insurance provides a cash benefit paid out upon diagnosis of a critical illness, which can be used for any procedures and treatments needed. You can also avail of additional cash benefits in case of hospital confinement, protecting you and your loved ones from the financial stress that a prolonged illness or major sickness can bring.
READ: 5 reasons your company's HMO is not enough to feel secured
Life insurance, on the other hand, ensures that your loved ones are provided for even when you are no longer around. This keeps them protected from worrying about where to get funds for their household needs such as food, water, electricity, or rent. They also protect themselves from worrying about major expenses such as tuition, home mortgages, or car loans.
READ: Life events that will convince you to get life insurance
Protecting ourselves and our loved ones should be your topmost priority, especially during this pandemic. Proper insurance coverage is what will protect your family from the financial burden that an unexpected critical illness or untimely demise can bring. This, indeed, is one of the best ways to adapt to the new normal.
Secure protection for your loved ones with an insurance plan. To know more about our products, talk to any of our BPI AIA Bancassurance Sales Executives today. Let them know how to reach you by submitting this inquiry form.
You can buy a life insurance at any BPI branch nationwide! Talk to a bancassurance sales executive now!
Get the power to protect yourself and your family with an affordable life insurance plan. Life Ready Plus is easy on the budget, but offers coverage of up to 30 times your yearly payment to support the financial needs of your loved ones.
The plan gives you fast access to coverage and benefits and can match your long-term financial goals when maintained within an appropriate term.
Critical Care Max will help you make more memories by providing financial aid during the early stages of a critical illness. This unit-linked life and health insurance plan offers assistance on your recovery. You can build a health fund that grows over time, depending on your chosen investment, to pay for other medical costs.
In addition, it comes with a hospital confinement benefit that will replace lost income due to hospitalization. This daily cash benefit may also come with optional benefits like cash payout for surgery-related expenses, allowance for consultation fees, and many others.
Let your loved ones enjoy the fruits of your labor even when you’re no longer around. Build Estate Plus is a unit-linked protection plan that will cover your estate taxes after your passing so that you can ease your family’s burden.
It doubles as an investment savings fund that builds Account Value as you pay. It is also integrated with AIA Vitality that provides additional upfront coverage of 20% to your policy and add-ons.
Be in good hands in times of sickness. Let Critical Care Plus, a unit-linked health and life insurance plan, take care of you with financial aid in case of a major illness, so you can focus on getting better and spending more time with your loved ones.
It even gives you more benefits for having good health through the AIA Vitality program that adds 20% upfront coverage and supplemental benefits on your policy.