To expand the medical benefits for its policyholders, Insular Life’s customizable life insurance with investment plan may now include riders for diabetes care and hospitalization allowance.
“Diabetes, a leading cause of death in the country, impacts both physical and financial health. It affects not just the people diagnosed with it but also their families. This is why InLife deemed it necessary to offer an optional Diabetes rider in Wealth Assure Plus, our insurance product that lets people take control of their financial journey and address their immediate priorities,” said Gae L. Martinez, InLife’s Chief Marketing Officer.
Introduced last year, InLife’s Wealth Assure Plus offers increased protection benefits equivalent to a minimum of ten times the regular annual premium or its fund value, whichever is higher. The product has an investment component to help policyholders maximize their potential earnings as funds can grow faster because of its low insurance cost and exposure to local and global equity markets.