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Manila Bulletin devider Business devider IHC launches pre-paid insurance plan for women

IHC launches pre-paid insurance plan for women

Published Aug 27, 2019 12:00 am
By Chino S. Leyco Insular Health Care (IHC) has launched a new pre-paid group health and insurance coverage called “InLife EntrePinay” that is specifically tailored for women entrepreneurs. In a statement, Noemi G. Azura, IHC president and chief executive, said the company created InLife EntrePinay for women entrepreneurs to encourage them to provide group health coverage and life insurance benefits to their employees. While th e product is really for all, Azura said “InLife EntrePinay” is specifically designed to what women business owners would like to have, either for themselves, or for their employees. InLife Entrepinay comes in three pre-paid plans or packages: Ruby, Emerald and Diamond. The plans include basic annual physical examination, one-time outpatient and/or inpatient care coverage on medical emergencies, face-to-face and on-the-phone medical consultations, and dental benefits and maternity assistance. InLife EntrePinay comes in three pre-paid plans: Ruby starts at P4,000 annually per employee; Emerald starts at P5,800 annually per employee; and Diamond starts at P8,000 annually per employee. Emerald plan has a one-time emergency inpatient care due to accidents while the Diamond plan has a one-time emergency inpatient care coverage due to accidents, viral and, or bacterial illnesses. Emerald and Diamond plans also include maternity assistance of up to P7,000 and up to P10,000, respectively. Ruby plan includes life insurance coverage of P100,000 for accidental causes only, while Emerald and Diamond plans include life insurance coverage of P50,000 for accidental or natural causes. Emerald and Diamond plans further add P50,000 coverage for accidental death and dismemberment. EntrePinay was developed as part of Insular Life’s InLife Sheroes Program which is focused on empowering Filipino women. “Our mission is to empower a million Filipinas in the next three years through four focus areas: financial education, health and wellness, women-specific solutions, and access to social and business networks,” Azura said.
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