Etiqa Philippines, one of the leading life and non-life insurance providers in the Philippines, today launched MyLife+, a yearly renewable health insurance plan that gives consumers access to Etiqa’s extensive medical network nationwide. Ideal for individuals and families, MyLife+ is priced competitively and covers individuals from two weeks to 70 years old. Within just 15 days of issuance, MyLife+ members can receive quality healthcare from over 29,000 physicians and 1,500 hospitals and clinics.
“In the face of today’s many uncertainties brought about by the COVID pandemic, people need a reliable health insurance plan that is comprehensive and responsive to their unique medical needs,” said Rico Bautista, President and CEO of Etiqa Philippines. “Etiqa is committed to give Filipinos peace of mind when it comes to healthcare, and to cater to all age segments even those that have been typically overlooked for health insurance.This is part of Etiqa’s mission to humanize insurance and put a smile to our customers’ faces”.
Most of the medical plans currently available only cover individuals until 60 years old. With a population of 7.5 million senior citizens, this leaves more than seven percent of Filipinos largely unprotected. The responsibility for this segment is believed to rest on the shoulders of the ‘sandwich generation’, so-called because they are caught between providing for their own family and caring for aging parents aged 60 and above. Value for money is a key concern, as the need for comprehensive healthcare becomes even more apparent for older individuals.
More than a medical plan, MyLife+ is a retail offering that gives individuals the advantage of a robust health insurance product that can be purchased online. To make it easier for customers to avail of services, Etiqa has launched SmilePH for iOs and Android, a mobile app that enables faster access to benefits such as room and board, special hospital services, surgical expense, in-hospital physician’s visit, out-patient benefit, ambulance service, and even emergency treatment in foreign territories. The SmilePH app allows Etiqa clients to easily check their policy details, request for Letter of Guarantee, and reach out to their providers and doctors anytime, anywhere.
With over 40 years of experience in the group insurance business, Etiqa is proven to deliver a range of essential healthcare benefits from check-ups and diagnostic services towards preventive healthcare, to the treatment of congenital diseases or emergency care. Even pre-existing conditions are covered under a 12-month waiting period. Moreover, MyLife+ comes with life and accident coverage.
“Etiqa believes that behind every policy is a person working to protect their family and their future,” added James Patrick Bonus, EVP and Chief Financial Officer of Etiqa Philippines. “This is why we continue to innovate our products and services so that members enjoy extensive benefits that are easily and simply claimed at the time when they need it most.”
The introduction of MyLife+ is part of Etiqa’s aggressive efforts to expand its offerings in the Philippines, particularly its Personal Life & General Insurance business. As one of the leading providers of Group Health for the Philippines’ top multinational and local companies, Etiqa continues to diversify its offerings to address the changing demands of the local market through timely insurance plans that respond to current and emerging health risks.
Individuals aged 18 years and above may purchase MyLife+ starting today by simply clicking on the Apply Now button at the Etiqa website. For more information about MyLife+, visit www.etiqa.com.ph.
About Etiqa Philippines
Etiqa Philippines, formerly AsianLife & General Assurance Corporation, is a Composite Insurance Company. It is majority-owned by Etiqa International Holdings (EIHSB) Malaysia, an investment holding company of Malaysia Banking Berhad (Maybank). Etiqa's headquarters is located in Kuala Lumpur, Malaysia with regional presence in Indonesia, Philippines, Singapore and Cambodia.
Etiqa Philippines provides a wide range of both Group life and General Insurance, Group Medical Benefits, Individual Life and Non-Life, and variable products that cater to various protection, savings and investment needs for all segments in the Philippines. Products are offered through multiple distribution channels, including Brokers, Agents, Online as well as Business Partners.
Aside from being one of the leading providers in Group Health in the Philippines for numerous Multi-national and Local Corporations, Etiqa Philippines also offers various Personal Life & General Insurance products to individual consumers through its online channel and existing partnership with Maybank Philippines for Bancassurance.
Etiqa Philippines has been in the insurance business for over 40 years, and has built a solid reputation for fast, prompt and reliable service supported by over 1,500 accredited hospitals and clinics nationwide, with 28,000 doctors, and an 24/7 in-house call center.
