Singlife’s Cash for Medical Costs Protects High Medical Costs – Manila Bulletin
Anyone can be diagnosed with a serious illness, including cancer, heart attack, or stroke. But how much can the necessary medical treatment afford, often exceeding five hundred thousand pesos or even a million pesos when it happens in their own family?
To help fill this gap, Singlife Philippines launched Cash for Medical Costs. This new medical insurance product acts as a shield against medical expenses for individuals and families. It provides cash when you’re hospitalized, cash when you’re diagnosed with one of the one hundred and twenty-five covered critical illnesses, and medical expense reimbursements when you need intensive medical care due to your illness. a serious condition or illness 1. The best part? You can complete your purchase in under five minutes via GInsure on the GCash app, and there are no medical exams required or lengthy forms to fill out.
Singlife’s cash for medical bills is easy on the pocket as the premiums can be paid monthly and are surprisingly affordable. For example, a family of three can be covered for medical expenses of up to Php 1,275,000 each, for as little as Php 2,020 / month2 for the whole family.
âA lot of people fear the medical bill more than the operation itself. Even with Health Maintenance Organization (HMO) coverage, if you are diagnosed with a critical illness, the coverage is often not enough, âexplained Rien Hermans, CEO of Singlife Philippines. âThat’s why we’ve made it easier to protect individuals and their families from high medical bills. We have created a product that covers a wide range of illnesses because there are so many serious illnesses besides cancer, strokes, and heart attacks. We offer coverage that will protect you even after you’ve been diagnosed with a critical illness and received a claim, because sometimes bad things can happen to good people. We have developed a product that pays the hospital costs in almost all cases, even for childbirth. Above all, we wanted to show that being well insured is possible, within your budget, and can be easy to obtain.
Martha Sazon, President and CEO of GCash, said, âThe pandemic has shown us how important it is to be protected, physically and financially, all the time. At GCash, we want to help allay worries and prepare Filipinos for unexpected situations. By partnering with Singlife Philippines, we are empowering more people to financially protect themselves against unforeseen medical expenses.
Insuring doesn’t have to be difficult, expensive or time-consuming, especially given today’s health challenges. With Singlife’s Cash for Medical Costs, five minutes is all it takes to protect you and your loved ones from the financial burden of hospitalization or serious illness.
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