Manulife Philippines, the local subsidiary of global financial services provider Manulife Financial Corp., has recently unveiled two new health and life insurance plans in an effort to expand its product offerings and cater to the well-being of Filipinos.
The company’s president and CEO, Rahul Hora, emphasized their commitment to providing affordable and accessible solutions to enhance health and financial protection for individuals.
The first plan, called 365 Ready Health, is a hassle-free insurance option available to Filipinos aged 18 to 45, allowing online application with a simple health declaration and offering yearly renewability without health questions or medical checkups.
The second plan, MCBL Health Hero, targets China Bank and China Bank Savings clients aged 0 to 50 and is designed as an affordable critical illness plan with bonuses for maintaining good health.
Customers can apply through MCBL financial sales advisors by answering a health declaration form, with no medical checkups required, and have the option to renew their plans every five years.
MCBL President Neil Bowyer expressed the hope that this new offering would provide stronger financial protection against rising healthcare costs and deliver dependable health coverage for customers.