MANILA, PHILIPPINES — Manulife’s HealthFlex, a highly customizable life and health insurance plan, has been recognized by the 6th Insurance Asia Awards as the New Insurance Product of the Year in the country for 2021.
The Insurance Asia Awards recognizes Asia’s most outstanding insurance companies that have shown excellence in their product solutions and services across different markets in the region. A panel of industry experts evaluated and rated each nomination based on overall success, accomplishments, and industry innovations in the past two years.
“The heightened awareness of Filipinos on the importance of health and financial protection amid the pandemic has prompted many of them to protect themselves and their families against uncertainties, such as critical illnesses,” said Richard Bates, President and CEO of Manulife Philippines. “We carefully designed Manulife HealthFlex with these insights and sentiments in mind. By giving Filipinos the flexibility to choose the most suitable life and health insurance plan to meet their needs – in both the cost and scope of coverage – we can help manage their concerns around critical illness, and provide them financial security and peace of mind.”
Subject to terms and conditions, with HealthFlex, customers may choose which types of illnesses will be covered by their insurance: (1) cancer only; (2) cancer, heart attack, and stroke (the top three illnesses); (3) cancer plus other elderly and critical illnesses; or (4) the top three illnesses, plus other elderly and critical illnesses. It also provides guaranteed coverage until age 100 for more than 112 critical illnesses, and may be further upgraded through protection riders.
For more information about HealthFlex, visit Manulife Philippines’ website or follow them on Facebook, Twitter, and Instagram.
