For most parents, getting medical insurance for their children rarely crosses their minds. The more pressing matter, especially for first-time parents, are immediate physical needs. But the truth is, a child’s medical needs can be costly, and with 54% of health expenses coming from the household budget, this can be a burden to many.
As a company committed to developing innovative products that address the needs of its customers, AIA Philam Life recently introduced AIA Med-Assist for children, its variable life insurance plan with medical benefit rider designed to address medical expenses due to hospitalization of 0-17-year olds. Tennyson Paras, AIA Philam Life Head of Products shares the reason behind the development of this product: “We wanted a product that can give parents peace of mind in case of hospitalization. As a parent myself, I understand the additional burden that these unexpected medical expenses have on families. With AIA Med-Assist, they can simply focus on taking care of their children and recovery.”
AIA Med-Assist for children is based on the same product launched early this year, but this time with benefits available to 0-17-year olds which helps parents be one step ahead and protect their children and finances against health-related risks. It covers 90% of in-patient hospitalization and other medical expenses. “Most parents will agree that the first five years are the most vulnerable age of children. As parents, we do everything we can to ensure they are healthy and provide their needs during this critical period in their lives. But no matter how prepared we are, we can’t avoid the trips to the Emergency Room and the hospital,” Paras added. Aside from hospitalization, the product also has a life insurance benefit and an investment fund that can help parents build their own medical fund in the future.
Getting Real With New Parents
To introduce the availability of AIA Med-Assist to children, AIA Philam Life sought the help of its Brand Ambassadors Nico Bolzico and Solenn Heussaff, joined by Cebu-based influencers Kryz and Slater Young, in a wacky live online talk show called Tea Time with the Bolzicos. Both couples are months-old parents who are now experiencing hands-on parenting during the pandemic. In the course of their discussion on the changes in their priorities and discovering the joys of parenthood, they talked about the importance of protecting their children against risks, especially during this time when health risks abound.
Reaffirming the AIA Philam Life Mission and Promise
“Making AIA Med-Assist available for children is another indication of our commitment to fulfilling our mission of racing against the risk to protect Filipino families from life’s uncertainties. We are one of the few insurance companies that make insurance products available to children, an age group whose protection needs are not given much attention. Through this product, parents are able to show their love and responsibility for their children. For us, it’s a way to bring to life our brand promise of helping Filipinos live Healthier, Longer, and Better Lives,” said AIA Philam Life Chief Executive Officer Kelvin Ang.
Know more about AIA Med-Assist for children by visiting the AIA Philam Life website at philamlife.com, Facebook page at https://www.facebook.com/AIAPhilamLife/, emailing philamlife@aia.com or calling (02)8528-2000.
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Kahit po ako kukuhaan ko rin po ng insurance ang mga anak ko po at luckily po kahit paano yung bunso ko po na anak eh cover siya ng papa niya kaya yung dalawa na lang po ang problema ko.. napakalaking tulong po nito talaga lalo na po at alam naman natin na napakamahal magpagamot sa pilipinas kaya dapat meron po tayong mga ganitong insurance.. ❤
tama yan mamu. lalo na kung kaya naman ng parents. napaka uncertain ng situation natin sa ngayon dahil sa pandemic na to. and ang pinaka vulnerable at susceptible sa diseases and viruses are senior citizen, mga may health problem and of course ang ating mga anak. kaya mahalaga na insured din sila. ?
Let us be responsible parents and give our child the best care.
Ang galing ng AIA Philamlife 0-17y.o ang sakop ng insurance dapat tlaga meron ang ating anak pra secure na sila
This is really very important mamu na may health insurance din po ang ating mga kids Para secured po tayo if ever man mo magkasakit sila (pero wag naman Sana). Because mga kids po tlaga minsan hindi po natin maiiwasan na nagiging sakitin po sila. Kaya, super nice po etong IAI Philam Life MEd assist for kids 0-17 years old. Para secure Ed po ang kids Pati rin po ang parents ☺️
Yes agree mamu if kaya naman need talaga natin kumuha ng ganito para sa ating mga anak for thier futures ?❤
Maganda tong AIA Philam Life kasi mas ok na may life insurence at medical benefits pa…ok na.ung may insurance tayo para ma ensure natin na safe ung mga bata in the near future.