Singlife launches 100-in-1 medical plan, starting at P100 a month

MANILA, Philippines — Regular exercise, healthy eating and sufficient sleep are key to keeping our bodies well. But in life, there are no guarantees. Sadly, it’s common to hear about a family member, neighbor or old friend, who lived a healthy life, but was diagnosed with a critical condition.

Because critical illnesses and accidents can happen to anyone, it is important to be prepared to ensure that if it happens to you or your family, you’re financially ready to get the medical support needed.

This is why Singlife developed the 100-in-1 Medical Plan—an affordable insurance product for individuals and families.

This medical plan protects you against the financial burden from more than 100 critical conditions, caused by illnesses or accidents. It provides coverage of up to P500,000 per person and is paid on top of what is covered by Philhealth or your HMO.

"Accidents and critical illnesses most often lead to high financial costs for a family. In many cases this leads to depleting all savings and even taking up loans just to be able to pay for the medical procedures needed. In 42% of the cases, this has been the root cause behind financial problems for middle-income families in the Philippines," Rien Hermans, CEO of Singlife Philippines, says.

A simple Health Card or HMO plan would cost around P25,000 per family member, exceeding the budget of many middle-income families.

Although the coverage is comprehensive, the limits are low (mostly around P100,000 per year). The Singlife 100-in-1 Medical Plan is designed to protect you when money is really needed—in case of critical conditions, like cancer, stroke, heart attack, and many more.

“We are very happy to partner with KonsultaMD, a company that shares our mission of improving the lives for the middle-income class by providing customers better access to products and services that support them to live healthier and wealthier,” Hermans says.

“Many critical illnesses can be prevented when addressed in their early stages. KonsultaMD was created to offer 24/7 quality medical services, addressing the healthcare access gap in the Philippines.  We are very pleased to partner with Singlife Philippines in this endeavor,"