My friend got diagnosed with cancer and has now used up all his savings for medical treatment.
Wouldn’t it have been great if your friend had a readily available fund from which he could get money for his medical treatment? That’s where critical illness coverage comes in. A life insurance plan could have provided your friend with up to P5 Million in cash if he had critical illness coverage.
Can your friend still get a life insurance plan now that he has cancer? No, he cannot. That’s why you and your friends who are healthy should get critical illness coverage as early as possible, while you are still healthy!