PMT Forum
How do you want to make money today?

Is Dreaded Disease Insurance for you?

mjtfernandez · 1 · 1264


  • Forum Master 400
  • ***
    • Posts: 448
    • Likes Received: +0/-0
on: Mar 17, 2014, 05:42 PM
Today let us look at and dissect what is a dreaded disease insurance is in GENERAL.

The prevalence of dread diseases these days has put many Filipinos in financial crisis due to health expenses. Recent statistics provide that 1 in 3 people will be diagnosed of cancer. But that is just cancer. Add the fact that heart disease, kidney disease and other diseases are getting more prevalent makes it really just sensible to get protection against dreaded diseases. Not to mention that we are living in a polluted environment.

As such, Dread Disease Benefit is one of the most valuable investments you can get for yourself as it provides the financial assistance needed to cover for medical treatment.  Recognizing the variety of critical illnesses that may strike an individual and its financial impact, you must have money when you needed it the most – when you get diagnosed of a dreaded disease.

The Dread Disease Benefits (DDB) provides a lump sum benefit up to P5M if the insured is diagnosed with any of the covered dread diseases and survives the disease for 30 days after the diagnosis or occurrence. The Dread Disease Benefit will be paid on the first contracted covered dread disease. Dreaded Disease Benefit is effective until age 70.
90 Day Effectivity Period
Normally,no payment on this DDB will be made for Dread Disease occurring within ninety (90) days after the Effective Date, or date of last reinstatement.

Pre-existing condition limitation
Normally, no benefit shall be provided for all conditions prior to the effective date of the DDB and

Any condition for which treatment, medication, consultation, advice, or diagnosis has been sought or received by the Insured or would have caused an ordinary prudent person to seek treatment or cure, prior to the Effective Date of this DDB, or date of its last reinstatement,

UNLESS, such pre-existing condition was disclosed by the Insured and accepted by us.

Common List of Dreaded Diseases
1. Alzheimer’s Disease / Severe Dementia
2. Angioplasty and Other Invasive Treatments for Coronary Artery Disease
3. Aplastic Anemia
4. Bacterial Meningitis
5. Benign Brain Tumor
6. Brain Surgery
7. Cancer
8. Coma
9. Coronary Artery (Bypass) Surgery
10. Deafness
11. End Stage Liver Failure
12. End Stage Lung Disease
13. Fulminant Hepatitis
14. Heart Valve Surgery
15. HIV Infection Caught at Work in an Eligible Occupation
16. HIV Infection due to Blood Transfusion
17. Kidney Failure 
18. Loss of Limbs
19. Loss of Speech
20. Major Burns (Third-Degree burns)
21. Major Organ / Bone Marrow Transplant
22. Motor Neuron Disease
       · Amyotrophic Lateral Sclerosis
       · Primary Lateral Sclerosis
       · Progressive Bulbar Palsy
       · Pseudo Bulbar Palsy
23. Multiple Sclerosis
24. Muscular Dystrophy
25. Myocardial Infarction
26. Paralysis/Paraplegia
27. Parkinson’s Disease
28. Persistent Vegetative State
29. Poliomyelitis
30. Primary Cardiomyopathy
31. Primary Pulmonary Hypertension
32. Profound Vision Loss (Blindness)
33. Stroke
34. Surgery to the Aorta
35. Terminal Illness

Angioplasty Benefit
For this disease, benefit would be advancement of 10% of the dread disease benefit, subject to a cap of Php 300,000.  Remaining 90% of the dread disease benefit will be paid upon the occurrence of the next covered dread disease other than Angioplasty, while the DDB is in force. Only one Angioplasty claim is allowed.

Return of Premiums Plus Interest
DDB provides return of 100% premiums paid plus interest which will be given upon termination of the policy by the insured. The amount returned will depend on the performance of the fund chosen and is not guaranteed.

Everyone needs dreaded disease insurance especially now that our environment is getting more and more polluted. One needs to talk to a qualified insurance underwriter/financial advisor to get good advise on which dreaded disease insurance to get.

Please visit my blog for more information on Dreaded Disease Insurance


PMT Shoutbox

Refresh History
  • Post only questions or comments here. Advertisements NOT ALLOWED.
  • oragon: :applause:
    May 20, 2019, 03:53 PM
  • FutureGizmo: Thank you for reporting those spam posts, oragon! Spam posts now deleted.
    May 20, 2019, 01:59 PM
  • oragon: Admin kindly monitor some peps! posting and sharing inappropriate nude photos and website links
    May 20, 2019, 01:52 PM
  • @culinary10: Hello I am new here! Regarding sa bdo life insurance for 8 years, pwede pa kaya ma refund yung binayad ko na 50k last year? Gusto ko sana icancel kasi lack of financial na, last may 15 2018 po un nag start ako ng life insurance, pinili ko annually kaso etong may 15 2019 wala nako ma ipay so gusto ko sana icash out, may alam ba kayo kung pano marerefund?
    May 17, 2019, 07:56 PM
  • FutureGizmo: Hi Sonny, the posting issue is now resolved. Thanks for informing us! We're currently testing a new, mobile-ready theme so let us us know kung may problema pa sa Forum. :)
    Apr 04, 2019, 10:40 AM
  • sonny.wapak: Nakaka receive din ba kayo nito pag gawa ng new post? "Please try again. If you come back to this error screen, report the error to an administrator."
    Apr 03, 2019, 10:56 PM
  • leonine_zafiro: what product nun?
    Apr 01, 2019, 10:25 PM
  • dhondiex27: hi
    Mar 30, 2019, 10:55 PM
  • lusart: jayrob i agree 200%. hulog ng langit organico. legit na legit
    Mar 29, 2019, 09:08 AM
  • palemelch: Hi
    Mar 28, 2019, 04:08 PM
  • O.C.W._AK: Magandang Araw sa Lahat! Blessings! (",)
    Mar 28, 2019, 08:42 AM
  • thor15: hello everyone, newbie here
    Mar 25, 2019, 01:47 AM
  • captjaylo: present newbie here
    Mar 22, 2019, 10:06 AM
  • balboagilbert26: hello Guys .. Newbie here
    Mar 21, 2019, 10:55 PM
  • businesswoman2019: @jefsanity nag inquire na po ako pero di sila nagdidisclose. Yung branch po kasi na target ko, currently building pa.
    Mar 21, 2019, 04:27 PM
  • jefsanity: @businesswoman2019, much better inquire ka na lang sa admin nila.
    Mar 21, 2019, 01:51 PM
  • businesswoman2019: Hello! Any idea how much ang stall sa waltermart. 2m x 2m
    Mar 21, 2019, 08:28 AM
  • John Neil: Looking for an accredited iron foundry
    Mar 17, 2019, 03:19 PM
  • jayrob: Mark_Lee ung organico legit po yan..  Member din AQ..
    Mar 17, 2019, 12:57 AM
  • perlymelad: Hello po! Need advice, why my new MLM leaders failing?
    Mar 14, 2019, 08:51 PM
  • perlymelad: Present
    Mar 12, 2019, 07:53 PM
  • kennethmauricio: Hi saan po dito pwede mag post ng for sale properties?
    Mar 11, 2019, 07:58 PM
  • jefsanity: @mark_lee isipin mo anu passion mo at skills mo...
    Mar 11, 2019, 06:52 PM
  • sniperaj09: BAGO LANG
    Mar 10, 2019, 11:16 AM
  • mark_Lee: magandang investnent ngayon sa 30k suggest naman keo mga boss
    Mar 10, 2019, 03:07 AM
  • perlymelad: E-BOOK PO SIR @JEFSANITY
    Mar 09, 2019, 05:40 PM
  • perlymelad: @jefsanity Good Morning Po
    Mar 09, 2019, 05:39 PM
  • perlymelad: Good Day everyone
    Mar 04, 2019, 06:24 PM
  • jefsanity: anu ang small business na yan?
    Feb 28, 2019, 07:40 PM
  • perlymelad: Good Day Everyone
    Feb 28, 2019, 03:31 PM
    Feb 28, 2019, 06:58 AM
  • perlymelad: Present, 1st time po
    Feb 25, 2019, 06:17 PM
  • jd2281: newbie po
    Feb 25, 2019, 12:26 PM
  • ejllantino: present... 1st time
    Feb 24, 2019, 07:14 PM
  • rheiel: present. first time
    Feb 24, 2019, 11:04 AM
  • MELVIE: thanks po
    Feb 24, 2019, 12:50 AM
  • steph123: hello po, ask lang po, ilang months po ba ang hihintayin after mo ma process ang mga documents para maitama ang mali sa NSO?
    Feb 11, 2019, 03:13 PM
  • Deborah: newbie here.thanks
    Feb 08, 2019, 02:17 PM
  • marj0503: hello im newbie here
    Jan 31, 2019, 10:53 AM
  • yan24: any one here planning to start a tesda skill training center
    Jan 26, 2019, 12:07 PM
  • manzjon: Forex trading forum
    Jan 25, 2019, 02:16 PM
  • Lizette Ramos: Pwede po bang patulong... Maganda po ba ang gasul retailing business?
    Jan 24, 2019, 09:14 PM
  • Imnobody: Hi sino naghahanap ng casino financer dito?
    Jan 16, 2019, 09:59 PM
  • Odlanyer22: Good day!
    Jan 16, 2019, 09:55 PM
  • maryen: at kung sakaling may somobra sa food na nailuto.. dapat po bang bayaran ng client un .. or ipapa take mo na sakanila?...
    Jan 16, 2019, 03:52 PM
  • maryen: HI! GOOD DAY! newbiz lang po... question lang po regarding sa catering.. if may 50pax po ako dapat lang po ba na sakto ang serving ng food?
    Jan 16, 2019, 03:50 PM
  • mark_Lee: cno na nag organico dito scam po ba yun or legit
    Jan 09, 2019, 03:04 AM
  • kuray08: Have a Prosperous New Year to all..
    Jan 06, 2019, 09:27 PM
  • ethan: Sino po may auto supply business dito? How profitable po ba ito in terms of monthly income? Lalo na kung meron na one or two na competition.
    Jan 04, 2019, 11:34 AM
  • Niel Jhacoubs: HAPPY NEW YEAR!
    Jan 02, 2019, 04:37 PM