Insurance: Security or Risk?

March 28, 2009 · Filed Under All Entries, iRonnie 

I was offered by my credit card company with an attractive insurance plan for time-critical illnesses. For only 500 pesos a month, I will receive 500,000 pesos if I will be diagnosed with say… cancer. I think it is a good investment since cancer is vying to replace heart attack as the number one killer disease these days. Though it may still be not enough considering the cost of chemo sessions and medicines, but it is definitely better than nothing. After all, 500 pesos is just worth a month of prepaid call cards.

However; with news of recession, bankrupt banks, and folding insurance companies; I don’t think I am ready to take such risk to secure myself.. for now. But I am open to the idea especially for those with an affordable insurance rates.

Any advice for those planning to acquire an insurance plan?

Comments

6 Comments on "Insurance: Security or Risk?"

  1. K on Sat, 28th Mar 2009 9:52 PM 

    Off-topic: How was Philippines on Earth Hour?

    Reply

  2. Sidney on Sun, 29th Mar 2009 3:22 PM 

    You might want to eat a lot of vegetables and fruits…do a lot of exercise… and this will reduce your risk of getting cancer !
    Much better than getting cancer with an insurance… ;-)

    Reply

  3. reyna elena on Sun, 29th Mar 2009 11:30 PM 

    brother!

    first, kung meron ka din lang medical plan or health coverage, ok ka na. yang mga yan? they’ll do every trick in the world makuha lang ang pera mo. besides, credit card company ang mga puta! hahaha!

    Reply

  4. reyna elena on Sun, 29th Mar 2009 11:48 PM 

    eeeekkkk! paki-edit nang sinabi ko hahaha sorry! naka-alpas ang good manner and right conduct of words nang lola hahaha!

    Reply

    iRonnie Reply:

    ayan inedit ko na. hahaha!

    Reply

  5. White on Fri, 10th Apr 2009 7:10 PM 

    Sidney is correct. And an insurance tied up with a credit card company is useless. I

    Reply

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