The sacrifices of each Overseas Filipino Workers (OFW) is amazing enough just to provide their families back home a better life they need. They choose to work abroad with a heavy heart yet a promising act of benevolence. The OFW’s earned the title of the nation’s Bagong Bayani but a lot of our OFWs forget to get insurance for themselves or for their families.

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For Filipinos working abroad, their family is always the main reason for their hard work; their families are always the main concern.

However, that doesn’t end there. As OFWs, you have to ensure the that your family’s future is secure. Working for them is not sufficient and we can’t foretell things; we don’t know what’s ahead of us. What if we fall sick or maybe get into a disaster despite the fact that we’re being too cautious while working in other countries?

Try to imagine it. What will come to pass to your family if you get sick and worse is that you no longer have the capacity to work?

Read: LandBank’s Home Loan Program For OFWs, Government, And The Private Sector Workers

This is where insurance comes in. You have to insure yourself and your family for future purposes. There are many insurance companies out there but there is one insurance package designed specifically for families of OFW. Something that will cover the expenses of the family in case the OFW gets sick or gets into an accident while working abroad.

This is the Malayan InsuranceThe OFW Bantay Pamilya.

Benefits for the Family

Accidental Death and Dismemberment

Your family will be protected any damage and loss as a result of accidents. Your spouse and each of your children will be covered for up to Php100, 000 against accidental death and dismemberment.

Medical Expenses

For medical expenses as a result of accidents, your spouse and each of your children will have medical reimbursement for up to Php10, 000 per accident.

Daily Cash Benefit

For medical expenses as a result of an illness that would require your spouse or any of your children to be confined to a hospital, that family member is entitled to a daily cash benefit of up to Php1, 000 for every day they spend in the hospital up to three hundred sixty-five (365) days.

ICU Benefit

Should your spouse or any of your children need to be placed in the Intensive Care Unit (ICU) as a result of an accident or illness, that family member is entitled to a daily ICU benefit of up to Php2, 000 for every day they spend in the hospital up to thirty (30) days.

Surgical Benefit

Should your spouse or any of your children require surgery as a result of an accident or illness, that family member is entitled to a surgical benefit of up to P15,000 for each operation.

Benefits for the OFW 

Accidental Death and Dismemberment

As an OFW, you will also be protected against any damage and loss as a result of accidents, and should the accident lead to accidental death and dismemberment, your beneficiaries will be entitled to a benefit of up to Php 100,000. This benefit will be doubled if the accident in question is related to your work.

Educational Assistance

Should you die as a result of an accident, Malayan Insurance will help one of your children continue with his/her education. One of your children will receive educational assistance worth Php 50,000.

Burial Assistance

Should you die as a result of an accident, Malayan Insurance will help your family in their mourning with a burial assistance worth Php25, 000.

Read: OFW Auto Loan For Saudi Arabia And Hong Kong Workers

For Unmarried OFWs

  • The OFW or principal should be of legal age between 18 and 65 years old;
  • A principal may choose to purchase the Family Cover or Individual Cover;
  • Should unmarried OFWs choose to purchase the Family Cover, the Principal’s parents or unmarried siblings may be declared for the package;
  • The OFWs parents must not be older than 65 years old;
  • Unmarried siblings must be between 1 and 18 years old only, however, they may be as old as 21 years if they are still in school; and
  • Should unmarried OFWs choose to purchase the Individual Cover, only one (1) individual may be declared as a beneficiary, provided that the beneficiary in question is between 1 and 65 years old.

For Married OFWs

  • Should married OFWs choose to purchase the Family Cover, only the legally recognized spouse and unmarried children may be declared for the package;
  • The legally recognized spouse must not be older than 65 years old;
  • The unmarried children must be between 1 and 18 years old only, however, they may be as old as 21 years if they are still in school; and
  • Should married OFWs choose to purchase the Individual Cover, only one (1) individual may be declared as a beneficiary, provided that the beneficiary in question is between 1 and 65 years old.

For OFWs, nothing is as important as family. Therefore ensure your family’s future with Malayan Insurance OFW Bantay Pamilya. Are you in need of insurance? Do you know someone who might need this insurance?

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