So, the hubby and I finally received our insurance certificate courtesy of the Provident Fund in our office. It’s just a personal accident policy, but we’re still thankful because we got it for free. It’s only good for a year but we heard it’s going to be renewed regularly as one of the perks of our membership.
I don’t know how much they paid for it, though. As I understood, it’s a group plan and boasts of the following benefits:
Accidental death and disablement, P150,000
Permanent total disability, P150,000
Unprovoked murder or assault, P150,000
Accident medical reimbursement, P15,000
Accident burial benefit, P15,000
It’s just a small coverage but it’s still something, right? The hubby and I hope and pray we won’t have to use it, though. Just knowing we have one is enough for us. Haha.
Having both term insurance and health insurance is part of our long-term plan. (We only depend on PhilHealth at present.) But we haven’t gotten around to getting them yet. I’m still undecided where to get term insurance. I have to research a lot first before buying. As for health insurance, right now I’m 70% sure of availing PhilCare’s ER vantage point prepaid card instead of getting a health policy. You might ask, why a one-time use card instead of the regular heath card? Different strokes for different folks, I guess. (Plus, I was pretty satisfied with PhilCare’s women’s health card I used last September so why not choose PhilCare again?)
How about you, do you also have a life insurance and if yes, from which company is it?