When I started online freelancing in 2014, I tried to make the transition as smooth as possible. For someone who's always sick, that meant getting my own healthcare plan and building an emergency fund.
Freelancing has its own perks such as having a flexible schedule, unlimited earning opportunities, the absence of daily commutes and enjoying full control over tasks and projects. However, it also meant you have to file your taxes yourself, pay the full SSS contribution (no more employer share) as well as getting your own healthcare plan which unfortunately is more expensive compared to corporate plans.
Since I was trying to be smart and practical, I thought that I was already safe and fully-covered. Not until I got sick and unable to work for 2 months straight.
Yes, my healthcare plan took care of my hospital bills and medicines, however, being unable to work meant no income for me. I was able to get my sickness benefit from SSS which is way below than my regular income and it is not enough my monthly bills. It was such a rough time for us financially.
Because of this experience, I realized that our healthcare plans are not enough. We should also consider other HEALTH PROTECTION PLANS such as a Hospital Cash Plan. It is an insurance plan that provides cash benefits not only for hospital confinement but also for ICU coverage, life and disability benefits.
We have to keep in mind that insurance is not ONLY about getting benefits in case we die, instead, these plans also offer security and the living benefits of life insurance.
YGC Corporate Services Inc. offers several health protection plans such as the YGC Family Protect and the Malayan Family Protect plans depending on your needs.
- Hospital Cash Plan
- Family Shield
- Malayan Family Protect Plus
- Card For Life
- Malayan Family Protect Elite
- Family Protect Max
One of the most popular and a personal recommendation is the CARD FOR LIFE Plan that provides add-on cash benefits for payment of your annual credit card dues.
So, what are you waiting for? Check their website for more details.