The best long term insurance plans in the Philippines (2023)

The best long term insurance plans in the Philippines (1)

Tfor sureit is one of the best options for those who want protection but are on a tight budget. It comes at a cheaper price because it only offers life insurance protection with no cash value or capital value. Thus, term insurance can provide maximum protection at minimum cost.


What is term insurance?

Like any other insurance system, it provides financial security when a family loses its breadwinner. The only difference is that the protection is for a limited time. Life insurance coverage can be for 1, 5 or 10 years and so on. It is usually renewable, but for a new, higher premium based on the age reached.

Here is a short video explaining what the term insurance is.

Definitions you should know

But before we get into that, you should familiarize yourself with some standard terms. You will see them throughout this post which can help you understand the whole concept of term insurance.

  • Valor facial care– used to determine the death benefit and other benefits your beneficiary may receive from the scheme.
  • Semester– refers to the number of years your premium has remained unchanged. (for example, if you have a 5-year renewal period of Php 50,000, that means you have to pay Php 50,000 annually for the next 5 years)
  • They are received– is the amount you have to pay in return for life insurance.
  • Rider– is additional coverage for accidents andSerious disease.
  • Recipient -the natural or legal person chosen by the insured to receive the death benefit.
  • constantly– the insured has the possibility to renew the plan after expiry.
  • Cabriolet– a term insurance plan that can be converted to a VUL plan or a whole life insurance plan.

READ: Sol Maxilink Prime | Sun Life's best-selling VUL plan

5 reasons why term insurance is a good choice

The best long term insurance plans in the Philippines (2)

At this point, you might be torn between a VUL or a term insurance policy, right? That's why I've listed the reasons why buying life insurance is right for you. If you find any reasons similar to your current situation, you should get long term insurance.

So here are the reasons why term life insurance is for you.

Newlyweds or people with low income

insurance is onebasicneeds that even a newlywed couple must have to build a solid financial foundation. But it can become challenging with new financial obligations ie house, utility bills, groceries and so on. This makes term insurance a good option for them. The same applies to low incomes because it is relatively cheaper.

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READ: The importance of life insurance for every Filipino family

Term insurance such as mortgage insurance (MRI)

MRI is essentialAMORand banks before you get your mortgage approved. You can use term insurance like an MRI where the bank you got your mortgage from will be chosen as the primary beneficiary. When the borrower dies, the remaining loan is repaid from the insurance proceeds, while the surplus is given to his heirs.

Have you ever wondered what would happen in your home without an MRI?

That's right, the lender can foreclose on the mortgage.

An MRI ensures that your family still has a home to live in when you die. Of course, no one expects this, but isn't it better to be prepared?

Property Maintenance Tool (Property Planning)

Leaving an estate to your family can be difficult because of the inheritance tax your heirs must pay to pass on ownership of your property. Inheritance tax used to be 20% of a deceased person's gross estate, but due to current tax changes it has now been reduced to 6%.

Since all of a decedent's assets are tied up, having a liquid fund to pay estate taxes will speed up the process.The proceeds of the insurance are not subject to inheritance tax, which makes it liquid.

SEE SINGLE INFORMATION:Term life insurance | The best succession planning tool

Extending life insurance coverage

Anyone looking to add life cover on top of their existing life cover can get life insurance at minimal cost. People in business often choose to buy multi-year insurance to multiply their wealth. It's a great way to increase coverage while they don't yet have the budget to buy whole life insurance.

It can also be converted to whole life insurance (and VUL) at any time without proof of insurance.

Installment Purchase, Invest the Difference (BTID)

If you are a BTID supporter/supporter, buying long term insurance is for you. BTID followers like to keep their insurance and investment plans separate from each other. The advantage of having an investment separate from your insurance is that you will have more money to invest in one.Investment Association, UITF,Actions, forex etc. Thus it will speed up the process of wealth accumulationif done well.

SEE SINGLE INFORMATION:BTID trolley driving ups and downs

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5 Reasons Why You Shouldn't Have Term Insurance

The best long term insurance plans in the Philippines (3)

Now we should discuss the reasons why term insurance is not for you. So if you identify with some of the things below, consider getting a different type of insurance.

So here are the reasons why insurance is not for you.

No cash value or capital value

The premium you pay for term insurance is sufficient to cover the insurance charge even after expiry, e.g. 5 years you won't get anything, not a penny. So if you're looking for something that will give you even a fraction of your money back, then term insurance is not for you.

The cost of life insurance is rising

The term premium increases after maturity. This cycle continues every time you renew your insurance cover.

If you don't like this setup, reconsider your options.

The grace period is only 31 days

duration of insurance hasno cash or capital value. Terminates if not paid within the 31 day grace period. A waiting period is a period given by an insurance company to give its customers more time to settle the premium. If not paid, the contract expires.

If you want cash value/fund value insurance, consider purchasing a VUL plan. You can read more about Sun Maxilink Prime by following the link below.

READ MORE: Sun Maxilink Prime | 3 easy steps to secure your future

Sun's life insurance plans

sunny lifehas the most affordable term insurance plans in the Philippines. This gives you more options.

So here are the Sun Life Life Insurance Plans.

  1. safer life from the sun
  2. Sun LifeAssure
  3. The Sun Maiden
  4. Sun Maiden Plus

Safer Sun Life (5 YRCT)

The best long term insurance plans in the Philippines (4)

It is Sun Life's five-year renewable policy that provides guaranteed lifetime cover equal to twice the face value for up to 75 years. Automatic renewal every 5 years up to age 74 without proof of insurance.

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Eligibility:18-64 years old
Minimum coverage:Php 2 million
Connected Pilots:Premium Deduction (TDB) and Accident Benefit (ADB)
Payment options:Annual | Semi-annual | Quarterly
Convertibility:convertible to endowments, term life plans and VULs up to age 65

Example of a Sun Safer Life quote

The best way to understand the table above is through an example. So let's say you are a 35-year-old female and a non-smoker, looking at the table, your estimated annual premium is Php 10,910.

annual price: 10.910 kr
Biannual: Php 5.782,30
Quarterly: Php 3.000,25
A month: Php 1.018,23

Pay annually if you have the budget because you'll save more money in return. That's a total of 12% savings compared to paying monthly.

Benefits for a safer sun life

Here are the benefits you get with Sun Safer Life.

  • Death benefit– is equivalent to Php 2 million. Your family will accept you when you die. They can use the money to move on with their lives and fulfill the dreams you have for them.
  • Waiver of prize– is an additional benefit associated with the program. It will keep your policy in force when you become totally and permanently disabled.
  • Death benefit– is an additional amount equivalent to Php 1 million that your beneficiary will receive if you die due to an accident – ​​giving your family a total of Php 3 million.

If you want a personal quote or a fun one-on-one conversation that I can highly recommend, click here[HER].

Sun LifeAssure (5 YRCT)

The best long term insurance plans in the Philippines (5)

Sun LifeAssure is a 5-year renewal term that pays the face value when the policyholder dies or is diagnosed with a critical illness, whichever occurs first. Renewable up to 59 years without proof of insurance. This long term insurance plan automatically renews every 5 years at a higher premium based on the newly attained age.

Eligibility:18-60 years old
Minimum face value:Php 500.000
Maximum face value:Php 15 million
Connected Pilots:Premium Deduction (TDB) and Accident Benefit (ADB)
Payment options:Annual | Semi-annual | Quarterly
Convertibility:NOT the convertible

Sun LifeAssure trial offer

Let's say you're 35 years old, female and a non-smoker. Then looking at the table, the estimated annual premium is only Php 10,650.

annual price: Php 10.650
Biannual: Php 5.644,5
Quarterly: Php 2.928,75
A month: Php 993,96

Sun LifeAssure Benefits

Here are the benefits you get with Sun LifeAssure.

  • Death benefit– your beneficiary will be entitled to receive Php 1 million pesos when you die. An amount they can use to continue living the dreams you have for them.
  • Benefit in case of critical illness– you will get Php 1 million if diagnosed or treated for any of the 36 critical diseases covered. Something that can help you get the treatment you need.
  • Waiver of prize– will keep your plan valid when you become totally and permanently disabled.
  • Death benefit– is an additional amount equivalent to Php 1 million. Your beneficiary will receive it if you die due to an accident, giving your family a total of Php 2 million.

Get a FREE quote? click[HER].

(Video) Health or Life Insurance? Anong Dapat Unahin?

Sun Maiden (5 YRCT | Women's Special Critical Illness)

The best long term insurance plans in the Philippines (6)

5-year renewable insurance policy specially designed for women. It offers financial assistance when diagnosed or treated for a critical illness related to the woman. You can get up to 5 FREE diagnostic and preventive procedures within the first 10 years of the policy. It can be used once a year after the first anniversary of the insurance.

Eligibility:18-55 years (Sun Maiden) and 18-45 (Sun MaidenONLY)
Minimum face value:Php 500.000
Maximum face value:Php 2 million
Knights:TDB, ADB, Critical Illness Benefit (CIB)
Payment options:Annual | Semi-annual | Quarterly
Convertibility:NOT the convertible

5 Diagnostic and preventive procedures

Receive 5 FREE diagnostic or preventive procedures during the first 10 years of your plan.

  • AC 125 (ovarian cancer)
  • Porridge
  • Pelvic ultrasound
  • breast ultrasound
  • Mammography

Critical diseases especially for women

  1. Cancer of the breast, cervix, uterus, ovaries, fallopian tubes or vagina or carcinoma in situ of the body of the uterus, ovary, fallopian tubes or vagina should undergo the necessary surgery.
  2. Systemic lupus erythematosus (SLE)
  3. Rheumatoid arthritis
  4. Grave of osteoporosis
  5. Hysterectomy or Dilation and Cutting
  6. Major plastic surgery due to accidents
  7. Skin grafting in case of accidental burn

Sun Maiden Plus

You will receive an additional maternity allowance equal to 2% of the face value for each child born, up to three (3) claims. You can use it after a waiting period of 1 year.

Request a quote NOW!

Protect your family's future by purchasing long-term insurance today. Some of the terms can be technical and difficult for the average person to understand. That's why I highly recommend scheduling a one-on-one meeting with a licensed financial advisor, which is free of charge. Don't worry, you won't need to buy any designs from me. It's okay if you don't like it.

READ: 6 Reasons Why You Didn't Get An Offer

The best long term insurance plans in the Philippines (7)

Federico Suan Jr.

Federico is an electronics engineer, financial blogger, insurance agent and certified investment attorney. A multi-awarded financial consultant with clients ranging from lawyers, doctors, engineers, accountants, business owners, company managers and OFWs to minimum wage earners, sought his advice on achieving lifelong financial freedom.

(Video) What's the "best" life insurance product? (2022) || Engr. Raketera | Philippines


The best long term insurance plans in the Philippines? ›

How much is life insurance in the Philippines? Annual premiums range from ₱15,000 to ₱100,000+ and even higher if you opt for supplementary benefits. On average, that is a monthly payment of ₱5,000 (around ₱60,000 per year) you'll have to pay over five to 30 years, depending on your chosen term.

How much is life insurance in Philippines per month? ›

How much is life insurance in the Philippines? Annual premiums range from ₱15,000 to ₱100,000+ and even higher if you opt for supplementary benefits. On average, that is a monthly payment of ₱5,000 (around ₱60,000 per year) you'll have to pay over five to 30 years, depending on your chosen term.

Is it good to get life insurance in the Philippines? ›

#1 Tax-Free. One of the main advantages of getting a life insurance plan in the Philippines is that you can receive tax-free payouts from your insurance company. Because life insurance payouts are not considered income, the lump sum your beneficiaries receive won't be taxed by the government.

How many years is sun life in the Philippines? ›

Add your inventory so people can visit your shop and make purchases. You'll then be able to customize how your shop looks. Sun Life is the first and longest-standing life insurer in the Philippines that has been serving Filipinos for over 126 years.

Is life insurance tax free in the Philippines? ›

The life insurance premiums you pay are not taxable. They are also not deductible on your tax return. In general, profits from the exercise of stock options are considered taxable if they are due to services provided in the Philippines.

How much is $100000 in life insurance a month? ›

The average monthly cost of life insurance for a 10-year $100,000 policy is $11.02 or $12.59 for a 20-year policy.

How much should 50000 in life insurance cost a month? ›

How much is a $50000 life insurance policy? A $50,000 life insurance policy costs around $7.63 per month for a 36 year old female in excellent health looking at a 10 year term and $9.21 per month for a male in excellent health looking for the same coverage.

How many years will I pay my Sunlife insurance? ›

Pay your premiums for only 5 years, in annual, semi-annual, or quarterly terms. Monthly payment through Auto-Debit or Auto-Charge may also be arranged after payment of the initial quarterly premium.

Can Americans get health insurance in the Philippines? ›

Under public healthcare, expats and citizens are covered by a national insurance scheme administered under the Universal Health Care (UHC) system by the Philippine Health Insurance Corporation (PhilHealth)—a government-owned company.

What are the two types of life insurance in the Philippines? ›

In the Philippines, there are two major types of life insurance: traditional life and variable life.

Does US insurance work in Philippines? ›

Travel insurance with covid coverage Philippines is mandatory for international travelers including US citizens, it is also true that U.S. health insurance including medicare provides limited coverage in the Philippines.

Can you use Medicare in the Philippines? ›

Remember, you can have Medicare while you live abroad, but it will usually not cover the care you receive. Most people qualify for premium-free Part A, meaning you will pay nothing for coverage. If you must pay a premium for Part A, be aware of the high monthly cost for maintaining Part A coverage.

What is the No 1 HMO in the Philippines? ›

1. Maxicare HealthCare. Maxicare services more than 1.9 million members across the country and has partnered with over 1,000 hospitals and 56,000 affiliate doctors and specialists. It is considered one of the largest and premier providers of HMO services in the Philippines.

What is the largest HMO in the Philippines? ›

Maxicare serves over 1 million members around the country and has affiliations with over 1,000 hospitals as well as 56,000 affiliated doctors and experts.

Can I get my money back from Sun Life insurance? ›

What happens to my money if I cancel my policy? If you cancel your life insurance policy, you'll no longer have coverage. Since you paid for coverage previously, you won't get your money back – similar to other types of insurance like health insurance and car insurance.

Is Sun Life a good investment? ›

Sun Life Financial SLF is well-poised for growth on the strength of its strong presence in Asia, expansion of its global asset management and a sturdy financial position. The Zacks Consensus Estimate for 2020 and 2021 earnings has moved up 7.4% and 4.3%, respectively in the past 30 days, reflecting analysts' optimism.

What is the commission of Sun Life Agents in the Philippines? ›

You are 100% commission based and you will at times have to repay commissions when policies are lapsed, cancelled, terminated or declined.

Do retirees pay taxes in Philippines? ›

Any amount received by a retired employee in excess of what is provided in the BIR-registered retirement plan shall be taxable. A retirement plan is duly registered with the BIR when it has been issued a Certificate of Qualification as a Reasonable Employees' Retirement Benefit Plan.

Does the Philippines tax retirement income? ›

If you plan to take a full retirement, the Philippines government won't tax the income you receive from a pension, 401(k), individual retirement account (IRA) or other type of retirement plan.

How much is tax after death in Philippines? ›

Inheritance tax is calculated on the net value of the estate, also known as the gross estate. Gross assets refer to all real property – real and personal, tangible and intangible. This amount is calculated based on the fair market value (FMV) at the time of death.

How much does $500,000 of life insurance cost? ›

On average, a 40-year-old with excellent health buying a $500,000 life insurance policy will pay $18.44 a month for a 10-year term and $24.82 a month for a 20-year term.

How much cash is a $100 000 life insurance policy worth? ›

The cash value of your settlement will depend on all the other factors mentioned above. A typical life settlement is worth around 20% of your policy value, but can range from 10-25%. So for a 100,000 dollar policy, you would be looking at anywhere from 10,000 to 25,000 dollars.

What is the monthly payment for 1 million dollar life insurance? ›

Average cost of a million-dollar life insurance policy
AgeTerm lengthAverage monthly rate
30Term length 30 yearsAverage monthly rate $86.57
40Term length 10 yearsAverage monthly rate $47.41
40Term length 15 yearsAverage monthly rate $61.33
40Term length 30 yearsAverage monthly rate $137.89
5 more rows

What is the cost of a $500000 20 year term life insurance policy? ›

The cost of a $500,000 20-year term life insurance policy for someone in good health is about $20 to $30 per month. Of course, the price will vary depending on your age, health, and other factors.

Which is better whole life or term life insurance? ›

If you only need life insurance for a relatively short period of time (such as only when you have minor children to raise), term life may be better, as the premiums are more affordable. If you need permanent coverage that lasts your entire life, whole life is likely preferred.

How much would 5 million in life insurance cost? ›

The average 5 million term life insurance cost could be $190 per month or $2,280 per year. As you can see from the numbers below, there are other factors that will affect how much you pay.

What happens if I dont pay my Sun Life on time? ›

If you fail to pay the regular premiums due on your VUL policy, the policy will continue to be in-force provided the Fund Value is sufficient to cover the Monthly Periodic Charges and Insurance Charges.

How long does Sun Life approval take? ›

Claims submitted either through the my Sun Life mobile app or online through are settled immediately and if approved, any reimbursement amount is usually deposited into your bank account within 2 business days.

What happens after 10 years of paying life insurance? ›

What happens after 10 years? At the end of the 10-year life insurance term, the period for fixed premiums expires. Assuming you've outlived the policy, no death benefit will be paid to your beneficiaries. And you won't be refunded any of the premiums paid.

Can a US citizen use Medicare in the Philippines? ›

In most situations, Medicare won't pay for health care or supplies you get outside the U.S. The term “outside the U.S.” means anywhere other than the 50 states of the U.S., the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa, and the Northern Mariana Islands.

Are doctors in the Philippines good? ›

In general, the healthcare system in the Philippines is of a high quality. Medical staff in the Philippines are highly qualified, though the facilities they work with are of a poorer quality than those in high-end US or European healthcare institutions.

Why is healthcare so expensive in the Philippines? ›

Medical inflation in the Philippines was anticipated to increase to 13.7% in 2019 from 13% in 2018. Healthcare costs are increasing due to the high cost of pharmaceuticals, new diagnostics and procedures, and the over-prescribing of low-value health tests and procedures.

How many Filipinos have life insurance in the Philippines? ›

In 2021, there were roughly 21.7 million newly-insured people in the Philippines with a life insurance, reflecting a an increase from the previous year.
Number of newly-insured people in the Philippines from 2016 to 2021 (in millions)
CharacteristicNumber of people in millions
5 more rows
Mar 28, 2023

Why choose Sun life Philippines? ›

Why choose Sun Life ? We're building sustainable and healthier communities for life. With constant innovation, we aim to provide long-term value to our Clients, Advisors, Employees, and the communities we serve. Community is at the heart of Sun Life.

What does life insurance cover in the Philippines? ›

It helps you make sure you are prepared for life's unfavorable circumstances such as sickness, disability, old age, and death. At the same time, life insurance can also be an investment option for you and your family's important needs such as education, retirement, or business.

Can I use my US health insurance in another country? ›

Generally, most domestic health insurance policies are not accepted abroad, so there is a benefit to purchasing travel medical insurance as a supplement to your health insurance coverage. The travel medical coverage is only valid while you're traveling.

What is the American policy in the Philippines? ›

The U.S. government's goals in the Philippines are to strengthen democratic governance and support Philippine government efforts to promote inclusive development and contribute to security and development cooperation in the Indo-Pacific.

Can a foreigner get health insurance in the Philippines? ›

Global Health Insurance Plans for Foreigners and Expats in the Philippines. There are several options for expatriate health insurance in the Philippines. Expatriates can have worldwide insurance coverage, including or excluding the USA while living abroad.

How long can you stay in the Philippines if you are a U.S. citizen? ›

How Long Can I Stay In Philippines? As a US citizen, you can stay in the Philippines for up to 30 days without needing a visa. However, if you wish to stay for more than 30 days, you will need to obtain a visa from a Philippine embassy or consulate in the USA before going to the Philippines.

Can I collect my social security in the Philippines? ›

Overview. The Federal Benefits Unit (FBU) in Manila provides services for the Social Security Administration (SSA) and other federal benefit agencies to customers in the Philippines and over 40 other countries in the Asia-Pacific Region.

Can a U.S. citizen live permanently in the Philippines? ›

Everyone will need a visa to move to the Philippines. If you wish to stay for long-term purposes, you will have to apply for long-term visas. Moreover, a few countries can enter the Philippines visa-free but for a short period. If you want to extend your stay, you must have the necessary visa.

How much is the monthly payment for HMO in the Philippines? ›

Comparison of HMO and Health Insurance in the Philippines
Product & InsurerMaximum Benefit LimitMonthly Premiums
Medicard Plan 10,00060,000.00836.75
Maxicare Silver60,000.001199.17
Maxicare Platinum Plus200,000.003458.83
Maxicare Platinum150,000.001923.50
38 more rows

How to get HMO insurance in the Philippines? ›

Steps in Applying for an HMO Plan in the Philippines
  1. Assess your healthcare coverage needs. The key to getting the HMO plan that's right for you is to first assess your healthcare coverage needs. ...
  2. Look around for potential plans and providers. ...
  3. Accomplish application forms in good faith. ...
  4. Wait for the contract.

What is the difference between HMO and health insurance Philippines? ›

The main difference between HMO and health insurance in the Philippines is the network size of healthcare providers being offered, the flexibility of coverage, and monthly fee amount and terms . To have a better idea of what medical care you need and don't need, consider these questions.

How many Americans are on HMO? ›

About 47.6 percent of the privately insured population under 65, or 75.8 million people, were HMO enrollees.

Which company is best in life insurance? ›

Best Life Insurance Companies In India
  • Life Insurance Corporation of India. ...
  • HDFC Life Insurance. ...
  • Max Life Insurance. ...
  • ICICI Prudential Life Insurance. ...
  • Kotak Life Insurance. ...
  • Aditya Birla SunLife Insurance (ABSLI) ...
  • TATA AIA Life Insurance. ...
  • SBI Life Insurance.
Apr 4, 2023

Is Prulife insurance worth it? ›

Prudential is a solid choice if you're looking for term life insurance with generous conversion options and living benefits. Prudential's term policies aren't the cheapest compared to several industry peers, but they come with a wide range of riders that you can use to enhance and customize your coverage.

Which one is best life insurance? ›

Best life insurance companies
  • Best overall: Northwestern Mutual.
  • Best for customer satisfaction: State Farm.
  • Best for seniors: Mutual of Omaha.
  • Best for term life: Guardian.
  • Best for whole life: MassMutual.
  • Best for universal life: Pacific Life.
May 1, 2023

What is the fastest growing insurance company in the Philippines? ›

Established in 1999, AXA Philippines is one of the largest and fastest growing insurance companies in the country. It offers financial security to over 1 million individuals through its group and individual life insurance as well as general insurance products.

How do I choose the best life insurance plan? ›

How can you choose the best life insurance plan?
  1. Assess your life insurance goals. ...
  2. Calculate the optimal insurance cover that you need. ...
  3. Determine the amount you have to pay as the premium and find the policy offering the best deal. ...
  4. Select the correct policy term. ...
  5. Opt for a reputable life insurance provider.

What life insurance covers everything? ›

As a type of permanent life insurance, whole life insurance provides coverage for your entire lifetime, paying your benefit no matter when you pass away — as long as you keep paying your bill. Whole life insurance also includes a savings component that a portion of your premium will pay into.

Is PNB Metlife good? ›

Is PNB Metlife Insurance Good? Yes, PNB Metlife Insurance is good. The PNB Metlife Insurance Company provides the best life insurance policy at reasonable premiums.

How many years will I pay my PRU life insurance? ›

Payment term

Pay for your plan in 5, 7, 10, or 15 years.

Can I withdraw all my money from PRU life? ›

You may apply to withdraw all of your policy's cash surrender value by simply returning your policy contract along with a duly accomplished and signed Cash Surrender Form and a valid government-issued ID.

Is your money safe with Prudential? ›

As with traditional banks, online deposit accounts are insured by the FDIC up to $250,000 each.

How much does a $100000 life insurance policy cost per month? ›

The average monthly cost of life insurance for a 10-year $100,000 policy is $11.02 or $12.59 for a 20-year policy.

Which life insurance has the highest cash value? ›

Whole-life policies generally have a higher cash value than term-life policies, and older policies tend to have a higher cash value than newer policies.

What is the best managed company in the Philippines? ›

KLine Logistics Philippines | KLLP Awarded Best Managed Company and 4 Other Awards.

Can foreigners buy insurance in Philippines? ›

You can usually purchase the insurance online or via phone. One of the most significant benefits of expat insurance is that it offers coverage in other countries other than the Philippines. Purchase from a local insurance company. Expats also have the option to purchase a policy from a local private insurance company.

How much is insurance in the Philippines? ›

On average, Philippine health insurance can start anywhere between Php1,400 to Php60,000 annually, depending on which provider you sign up with. The cost of health insurance in the Philippines also depends on several factors.


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