DID YOU KNOW THAT ONLY 14% OF THE FILIPINO POPULATION IS INSURED?
Most of the Filipino’s who die do not leave any amount of insurance for their loved ones. This means that the families left behind will be having financial problems especially if the who one died is the bread winner. As financial advisors, we need to insure more people. But sometimes budget constraints make insurance inaccessible by some Filipinos.
In as much as only P250.00 per month or P3,000.00 per year, you can have a term insurance for one whole year. This term insurance is called I-SHIELD PRIME by Insular Life. No need for medical examinations.
This plan provides both accident insurance, disability and hospitalization benefits. Its major benefits are as follows:
- Accidental Death Benefits
We have heard of stories where a bread winner died due to accident and how devastated their family can be. Hence, one of the priorities of I-Shield Prime is to provide assurance to the insured that their families will be taken cared of if they will be taken out of the picture because of accident.
InLife shall release to the beneficiaries equal to 100X the amount paid. Let’s say the insured paid P3,000.00 premium and died due to accident, InLife will give to the beneficiaries a total P300,000.00.
- Disability Benefit Due to Accident
Not all accidents end up taking the life of the bread winner. Some may lead to another tragic event of leaving the bread winner lose any of his body parts hence, being unable work. This can be heart breaking to the bread winner because of his inability to provide for the needs of his family.
That is why, one of the benefits of I-Shield Prime is to provide a lumpsum benefit up to 100X of the premium paid in the event the insured loss of the following body parts:
Both Hands – 100X of premium paid
Both Feet – 100X of premium paid
Sight of Both Eyes – 100X of premium paid
One Hand and One Foot – 100X of premium paid
One Hand or One Foot or Sight of One Eye – 50X of premium paid
Loss of thumb and index finger of either hand by amputation at or above the metacarpophalangeal joint – 25X of premium paid
- Hospitalization Benefits
Another burden brought by accidents are the hospital expenses. We all know that Philhealth or other government benefits are not enough to cover these expenses.
Hence, I-Shield Prime also provides Hospitalization Benefit if the insured was hospitalized due to accident. These benefits include:
- Daily Hospital Income of P2,000.00 per day
- Daily ICU Benefit of P2,000.00 per day
- Daily Hospital + ICU Benefit of P4,000.00 per day
- Maximum Surgical Benefit amounting to 10X the premium paid
To summarize, here are the major benefits provided by I-Shield Prime
Kindly get in touch with your financial advisor for more information and so we can send proposal to your email.
INSULAR LIFE’S I-SHIELD PRIME IS AN AFFORDABLE SOLUTION TO THE UNINSURED FILIPINO POPULATION! THIS IS THE BEST GIFT YOU CAN GIVE TO YOUR LOVED ONES – PARENTS, SIBLINGS, SPOUSE, CHILDREN, COUSINS AND FRIENDS. YOU CAN ALSO GIVE THIS TO YOUR EMPLOYEES.