Bon Co.

Saw this on Threads this week.

Ganyan na nga ba talaga ka mahal?

If you talk to doctors and survivors, they will tell you:

The bill is just the beginning.

From the time of scare (receiving the diagnosis),

There's also the lost income while you're battling it. Sometimes for months, sometimes longer.

The cost of recovery — the therapy, the maintenance medication, the slow climb back to a life that looks different now.

The overall changes in the lives of people around you — the parent who takes a leave. The sibling who moves in. The spouse who carries everything while you heal.

So only then we realize,

HMO is a good start.
PhilHealth might cover a tiny portion.
Everything else? — gambles with everything you've built.

That's why I understand why some people really value insurance with critical illness cover, because to them,

They can't gamble their lifestyle.
They can't gamble the future of their kids.
They can't gamble their dignity, their dreams.

It's that moment when insurance starts feeling like the cheaper option..
.than gambling what's important to them.

The Philippine insurance industry opened the year with stronger asset growth, climbing to ₱2.65 trillion from ₱2.48 trillion, a 6.85% increase, driven by wider participation from policyholders and steadier premium inflows across life and non-life segments.

Total benefits paid reached ₱43.44 billion, 11.36% higher than last year, underscoring the sector’s continued capacity to settle claims and provide financial support to families and businesses during critical moments.

Net income eased by 1.75% to ₱15.03 billion from ₱15.30 billion, as higher benefit payouts weighed on profitability even as day-to-day operations remained stable.

Premium collections expanded to ₱140.85 billion from ₱124.48 billion, signaling sustained demand from households and companies for protection products amid ongoing economic pressure.

Insurance pe*******on rose to 2.03% while density reached ₱1,231.61, pointing to gradual expansion in coverage among Filipinos, though large parts of the population remain underinsured despite growing uptake.

Amid prevailing economic challenges, Insurance Commissioner Reynaldo A. Regalado said the industry remains firmly positioned to meet policyholder needs and deliver on commitments with stability and resilience.

Report by radar Business