Past a quarter of 2021, we are still continuing our fight amid the uncertainties brought by the pandemic. Lockdowns and curfews are currently being reinstated and updated as we go to control the surge of cases or the number of patients confined in hospitals. As a precaution for this, many look into getting either a COVID-19 insurance plan or coverage from trusted travel insurance in the Philippines.
Malayan Insurance is now offering affordable premiums to take care of the assured’s finances in case of virus contraction. This plan, known as Vital Cover, contains 5 main policies so that service-oriented workers, office employees, senior citizens, or people who go outside for essentials can get an added layer of security.
For reference, take note of these frequently asked questions about Malayan’s Vital Cover:
What Are Vital Cover’s Benefits?
Malayan’s Vital Cover offers a 5-in-1 insurance plan. This is inclusive of providing cash assistance such as Daily Hospital and Loss of Life lump sum benefit to the assured due to COVID-19. Additionally, the package also covers death due to Dengue or Chikungunya, medical reimbursement for accidental injuries, and accidental death.
Who Can Get This Coverage?
Good for ages 1 to 75, this extensive plan can provide up to PHP 300,000 worth of coverage for loss of life due to COVID-19. A semi-annual premium for as low as only PHP 130 is available for ages 1 to 64, and as low as PHP 195 for ages 65 to 75. These premiums are offered per person inclusive of taxes.
What Are The Main Considerations?
The insured must be diagnosed during the policy period or within the reporting period. To use, they must also have contracted after fourteen (14) days from the policy’s effectivity and within the period of endorsement or waiting period.
For a better understanding of these terms and conditions, feel free to get in touch with your insurance agents or assigned Account Executives. You may also contact us through our website.
Preparing ahead of time during a crisis is always the best move. Take advantage of Malayan’s affordable options to insure you and your loved ones as early as now. Get reliable travel health insurance in the Philippines with COVID-19 coverage or a separate cash assistance plan today to ease your worries.