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Friday, March 29, 2024

InLife offers free life insurance to workers

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Insular Life (InLife) will give away free insurance and hospitalization coverage to 110,000 essential workers to help secure them in case they catch the COVID-19 virus.

Called the “Chain of Protection,” the program will be bankrolled by the Insular Foundation and underwritten by InLife.

“As you know vaccines against COVID-19 have yet to be developed and yet, many of our essential workers continue to serve. We want to extend some form of insurance protection and hospital allowance while they still continue to discharge their duties to the public during the quarantine period,” said InLife executive chair Nina Aguas. Aguas is also the chairman of Insular Foundation.

While viral pandemic diseases are exclusions in a standard life insurance policy, InLife created Chain of Protection specifically to assist the vulnerable workers at this time of crisis.

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