Philam Life, the country’s premier life insurer, unveiled the latest addition to its portfolio of unit-linked products—Health Invest. 

Health Invest is a unit-linked health and life insurance plan which provides financial protection from health-related setbacks. It provides life insurance coverage, plus it lets you build a fund for your future health care needs. 

Addressing the audience during the product’s official launch at The Tower Club, Rozanne Magararu, Protection and Health Product Marketing Head at Philam Life, noted that Health Invest “prepares Filipinos for the unexpected realities of getting sick and the inevitable realities of growing old.” 

“Health Invest is ideal for mature couples with young dependents or breadwinners who fully understand the value of planning ahead for critical illness, accidents or loss of life,” she said. “It can work as a supplement to health maintenance organization (HMO) cards and Philhealth coverage through its more comprehensive benefits.”

As a unit-linked product, Health Invest also lets policyholders build a health fund for future healthcare requirements. Unit-linked products are insurance policies that offer both insurance and investment benefits in one plan. 

The Health Invest fund will be expertly managed by Philam Life’s affiliate company Philam Asset Management, Inc. It accumulates over time depending upon the performance of the chosen investment fund. The fund may be used to pay for medical and health needs incurred beyond the policyholder’s working years or in excess of HMO coverage. Policyholders also have the option of topping up premium payments to boost the growth of the fund.

Philam Life, country’s largest insurer company joined everyone on celebrating Chinese New Year and welcoming the wood horse year. Philam Life believes “double is doable” this year.

MANILA – Philippine American Life and General Insurance Company (Philam Life), the largest life ensurer company in the Philippines bared key initiatives that will enable the company to provide best-in-class customer servicing this year.

Philam Life conducted activities in line for the Chinese New Year (Wood Horse Year) such as Chinese New Year Message done by Ryan Siy (Director of Agencies), Eye dotting to the Dragon and Lions done by Rey Centeno (Chief Operating Officer), Jay Ledesma (Chief Agency Officer), Allan Santos(COO for Affilate Companies), Closing Remarks: Philam Life in 2014 by Jay Ledesma (Chief Agency Officer), finally the anticipated Lion and Dragon Dance (Philam Life Dragon is the longest Dragon of Chinese New Year in the Philippines).

Philam Life sustains its commitment as The Real Life Company that is genuinely engaaged in real people’s lives through meningful dialogue and empowers them to achieve financial security and prosperity by providing solutions and plans that turn their real-life to success.

Philam Life believes “Double is doable” for this Wood Horse Year. To do this Philam Life aims to increase engagement to people and conduct more easy ways of insuring their lives such as conducting “Knowledge and Awareness programs” to the people, and in terms of planning financial making easy, Philam Life launched this iPad-based Interactive Point of Sale (iPoS) – a papaerless platform that allows a potential policyholder to get a life insurance plan based on needs of analysis in one sitting with the use of a tablet. The company is also launching this ePlan, where the customer can self-serve them self online for policy inquiries, transactions and payments. Philam Life has many more improvements to be impelemented this year so stay tuned.