Protecting the household
Closer to home, individuals have started to protect themselves and their families and loved ones by investing in or spending on materials that they did not necessarily budget for in the past.
Disposable face masks have become part of most households' regular budget, part of their daily protection wear. Others have even invested in reusable or washable face masks. Some have taken it a step further by buying other personal protective equipment (PPE) such as face shields and goggles.
READ: Health: the foundation of your road to success
There has also been an increased demand for disinfectants, rubbing alcohol, and hand sanitizers, protecting themselves from contamination and infection.
Others have spent a little extra to protect themselves by boosting their immune systems, buying Vitamin C, multivitamins, and even health drinks.
Insurance: protection beyond the pandemic
While investing in all these are good ways to protect oneself from the virus, we should also explore another aspect of protection that will help us through the pandemic, and even beyond: life and health insurance coverage.
Health insurance provides a cash benefit paid out upon diagnosis of a critical illness, which can be used for any procedures and treatments needed. You can also avail of additional cash benefits in case of hospital confinement, protecting you and your loved ones from the financial stress that a prolonged illness or major sickness can bring.
READ: 5 reasons your company's HMO is not enough to feel secured
Life insurance, on the other hand, ensures that your loved ones are provided for even when you are no longer around. This keeps them protected from worrying about where to get funds for their household needs such as food, water, electricity, or rent. They also protect themselves from worrying about major expenses such as tuition, home mortgages, or car loans.
READ: Life events that will convince you to get life insurance
Protecting ourselves and our loved ones should be your topmost priority, especially during this pandemic. Proper insurance coverage is what will protect your family from the financial burden that an unexpected critical illness or untimely demise can bring. This, indeed, is one of the best ways to adapt to the new normal.
Secure protection for your loved ones with an insurance plan. To know more about our products, talk to any of our BPI-Philam Bancassurance Sales Executives today. Let them know how to reach you by submitting this inquiry form.