7 Insurance Coverages I Have and How They Benefit Me

TLDRIn this video, I share the seven insurance coverages I have and how they benefit me. I discuss my phil health insurance, life insurances, and health insurance. I also explain the premiums, coverage, and benefits of each insurance policy.

Key insights

💼I have seven insurance coverages that provide me with financial protection and peace of mind.

💡Insurance coverages include phil health insurance, life insurances, and health insurance.

💸Premiums range from 4,000 to 54,589.77 pesos, depending on the coverage and policy.

🏥Health insurance provides coverage for medical expenses and critical illnesses.

💵Investment-linked policies offer potential fund growth and cash value accumulation.

Q&A

What is phil health insurance?

Phil health insurance is the government's health insurance program in the Philippines. It covers medical expenses based on case rates, which vary depending on the illness or treatment needed.

What are the benefits of life insurance?

Life insurance provides financial protection to beneficiaries in case of the policyholder's death. It can also offer additional benefits such as critical illness coverage and cash value accumulation.

How much do I need to pay for insurance premiums?

Insurance premiums vary depending on the coverage, policy type, and sum assured. Premiums can range from a few thousand pesos to tens of thousands of pesos annually.

What is an HMO?

An HMO, or Health Maintenance Organization, is a type of health insurance provider that offers a network of healthcare providers and coverage for medical services and treatments.

What are the advantages of investment-linked insurance policies?

Investment-linked insurance policies combine life insurance coverage with investment opportunities. They offer potential fund growth and the ability to accumulate cash value over time.

Timestamped Summary

00:00Introduction to the insurance coverages I have and their importance.

01:17Overview of various insurance policies and when I acquired them.

05:30Explanation of phil health insurance and its coverage.

09:32Discussion of my life insurances and their benefits.

12:04Details about my health insurance coverage and rewards program.

13:11Overview of my company-provided HMO and its renewal process.