Manulife Philippines has recently launched a Health Protect, that provides employees with coverage against critical illness for up to P5 million, to help businesses in the Philippines protect their employee’s health and secure their future.
The new plan provides minimum coverage of P50,000 and a maximum of P5 million with a one-year renewable term.
The plan can help protect companies give their employees coverage for any of its four protection bundles against cancer; cancer, heart attack, and stroke; cancer and 57 other critical illness; or three critical illnesses and 57 other clinical illness.
In 2020, according to Manulife’s 2020 health studies among the top critical illnesses most feared by Filipinos are cancer, heart attack, and stroke.
“The pandemic has made many organizations realize that taking care of their employees’ health and well-being not only makes good business sense, but helps them thrive in the long term,” said Richard Bates, president and CEO of Manulife Philippines.
“With Manulife Health Protect, companies can strengthen their commitment to employee well-being, by providing benefits and health protection coverage against critical illnesses most prevalent in the Philippines. This will allow their employees to have the confidence and the sense of security that they need, making their every day better,” he added.
Additional Report: Czeriza Valencia Philstar, BusinessWorld
Image source: ManulifePhilippines, iStock
