otal Permanent Health Insurance, also known as the Income Continuation Benefit, ensures that employees who are unable to work due to illness or disability continue to receive a portion of their salary. This cover guarantees income during challenging times and is essential for safeguarding employees’ financial stability. The benefit provides up to 75% of the employee’s monthly salary and can be tailored to the company’s needs.
Monthly income (up to 75% of salary) for employees unable to work due to illness or disability
Income payments continue as long as the employee remains disabled or until retirement
Waiver of premium option and inflation adjustment available
Built-in funeral benefit (P15,000 - P25,000) for the main member
It provides up to 75% of the employee's salary in the event they cannot work due to illness or disability, ensuring continued income.
Payments continue for as long as the employee is disabled, or until retirement, early death, or recovery.
The premium waiver ensures that no further premiums need to be paid while the employee is receiving income benefits, ensuring the cover remains intact.
The premium waiver ensures that no further premiums need to be paid while the employee is receiving income benefits, ensuring the cover remains intact.
You can opt for an escalation factor to adjust benefits annually, helping to minimize the effects of inflation.
