Affordable plans that make insurance a little less intimidating

WThe best time to invest is always now—and these affordable plans can make things happen for us, without the financial burden of denting our banks.

e hustle so hard for our dreams. We live for the many wishes on our list—financial stability, travel, and an overall good life. This keeps us constantly on our feet, juggling multiple roles and responsibilities at once.

All this effort makes it difficult for us to pay attention to security: who takes care of us?

For many, the answer lies in investing in insurance plans. Having a safety net for unexpected events shouldn’t take a backseat to our plans. All it takes is one unfortunate event to wipe out our savings.

In other words, focusing on our careers and personal growth also entails working smart. We can take “smart” up a notch, though, as we’ll zero in on insurance policies that won’t burn a hole through your pocket. Let’s dive deeper, shall we?

NO COMPROMISING ON COVERAGE: OUR PICKS

Insurance policies are important, but not all plans are created equal. With rising costs, setting aside additional funds for policies can be challenging, but finding the right ones can benefit you in the long run.

As safety nets, they can protect you from potential financial losses and provide peace of mind, knowing that you or your loved ones will be taken care of in case of emergencies.

The right insurance policies allow you to plan for the future without asking for too much (from your income, that is).

To help you choose the right ones, we’ve narrowed down some big names on the market today and further curated them according to potential priorities: travel, health, and pets. You’ll be ready for whatever life throws your way:

TRAVEL INSURANCE: PIONEER’S SAFETRIP Starts at P489

Work hard, play hard—and in this case, we travel every once in a while to get away from it all. Traveling for many has become a breather, an oasis of sorts in the middle of chaotic deadlines. Will we catch you enjoying a stick of tanghulu in Taipei, maybe, or sunbathing in the crystalclear waters in Cebu?

Whatever the destination, planning ahead is crucial to a fun time. This means foreseeing trip cancellations, medical emergencies, or lost luggage.

Pioneer’s SafeTrip could be the answer, as they offer affordable plans for both domestic and international travel. While they cover only air travel for now, they cover up to P2,500,000 in medical emergencies worldwide, depending on your chosen plan. They also cover flight delays, baggage mishaps, and much more.

HEALTH INSURANCE: SINGLIFE’S CASH FOR MEDICAL COSTS Starts at P848/month

As we strive to make a mark in the world, we often forget the most important investment: a healthy body to keep us going. Unfortunately, medical emergencies can strike any time, often bringing with them hefty bills that can dent your savings.

Singlife’s Cash for Medical Costs is a comprehensive health insurance that can provide you and your family with up to P1,275,000. It also offers daily cash benefits for hospital stays, including ICU confinement, COVID-19 cases, and pregnancy. The plan also provides cash benefits upon diagnosis of any of the 125 critical conditions, including late-stage critical condition diagnoses, among others.

PET INSURANCE: BDO’S PET DOG AND CAT INSURANCE Starts at P560/year

For many of us, pets have become part of the family. We love and care for them. So when they encounter health issues, we do everything in our power to help them recover. Unfortunately, veterinary expenses can be quite hefty.

BDO’s Pet Dog and Cat Insurance offers affordable coverage for your furry friends, covering veterinary expenses, accidental death, and even theft. You can cover up to 80 percent of veterinary expenses, which includes up to P30,000 medical reimbursement for covered accidental injuries. The plan is also customizable, as you can mix and match with reimbursement for covered illnesses, dental conditions, and more.

YOUR HUSTLE AND BUSTLE, COVERED

Investing in insurance is one way to strategically and carefully climb that career ladder. Various insurance policies provide us comfort in the knowledge that we’re protected from unexpected events. Being insured, therefore, helps us prepare for the future.

The best time to invest is always now—and these affordable plans can make things happen for us, without the financial burden of denting our banks.