You’re never too young for health insurance (and it’s not as expensive as you think)

In a world of many uncertainties — natural disasters, disease outbreaks, and having to deal with serious ailments at a young age — it is becoming important for young Filipinos to give priority to their health and well-being.

Even if they do not get sick, young professionals often bear the burden of the medical expenses of a sick family member. But results of the 2017 Bangko Sentral Financial Survey showed that a high 82 percent of adult Filipinos did not have health insurance coverage because they did not think they could afford it.

To address this concern, AXA has introduced a new product to help young people get the health insurance they need at rates they can afford.  Health Start provides affordable coverage for the top three critical illnesses which are cancer, heart attack, and stroke, not just for the principal policyholder but for also for another family member.

For a minimum monthly payment of as low as P1,500 for Health Start (individual coverage) or P1,950 for Health Start Family to cover oneself and a family member, customers get coverage for the top major critical conditions,  and some of their early stage conditions up to age 100.

AXA Philippines president and chief executive officer Rahul Hora thinks the product is well within the reach of yuppies. “If they can spend for a venti-sized coffee daily or buy newly released gadgets, paying for health insurance should be something they can also easily do, if they put it on their list of priorities. Now more than ever, getting a health plan to secure oneself from the financial blows brought about by critical illnesses  should be a top priority,” he says. “Young people should be ready for unforeseen circumstances, especially because the cost of treatments can be a major financial burden.”

Health Start Family has built-in coverage for a parent, sibling, or another immediate family member because getting sick is a family problem. It also offers life insurance so the family is provided for in case of the policy holder’s untimely demise. Standard premiums paid will also be returned by the age of 75, while the remainder will continue to provide coverage for illnesses or death until age 100.

Health Start and Health Start Family also offers child coverage, with P200,000 benefit for covered child conditions.  This is on top of the plan’s overall insurance sum.

AXA Health Start offers insurance coverage for life-threatening illnesses at an affordable price.  To know more about this product, talk to an AXA agent today or visit www.axa.com.ph/healthstart.