MANILA, PHILIPPINES – The Philam Group, coursed through its corporate social responsibility affiliate, Philam Foundation, will be providing free compassionate benefit coverage worth PHP50,000 to 30,000 medical frontliners, initially with its partner hospitals. The program, called Philam Foundation Frontliners Inclusive Risk Safety neT (FIRST) Initiative, will provide coverage that translates to a total sum assured of PHP1.5 billion.
“The pandemic caught everyone by surprise, and our immediate response was to take a two- pronged approach with our support: the containment of the virus by providing for the needs of medical frontliners, and the food security programs to prevent social upheaval among the marginalized daily wage earners. After addressing the more pressing needs, we are now ready to provide a more meaningful intervention that’s aligned to our mission of protection through the Philam Foundation FIRST Initiative. The donation is a long way from ideal but this at least provides our frontliners some measure of protection as they battle Covid-19 face to face,” shares Max Ventura, Philam Foundation President.
The Philam Group includes AIA Philam Life and its affiliate companies, namely BPI-Philam Life Assurance Company (BPLAC), Philam Asset Management Inc. (PAMI), and Philam Foundation.
AIA Philam Life recently announced the actions the company has taken to address the needs of its customers, employees and partners during the enhanced community quarantine period. As the company continues to respond to the other needs of the frontliners whose lives are at risk as they fight the pandemic, the entire Philam Group has combined its efforts to strengthen this initiative and provide much needed coverage. This will include housekeeping and security personnel assigned to areas exposed to the corona virus, aside from the doctors, residents, nurses, tech (rad tech, med tech, etc), orderlies and nursing aides, depending on the classification of the hospital’s Human Resource Department.
The initial list of hospitals who have enlisted their frontliners for the compassionate coverage include the designated Covid-19 treatment hospitals, both government and private1, as well as hospitals from different areas and affiliations nationwide2. More hospitals will be added to the list
