After my son’s class last Wednesday, I took him to his pediatrician to have his cough and colds checked and to request a prescription for his maintenance medication (Montelukast) and nebulization medications (Ventolin and Budesonide). We needed a prescription for those drugs so we could charge them to my son’s health card.

My husband has health insurance courtesy of his office that extends to me and my son. Our health insurance provides 80% coverage for hospitalization, medical procedures, laboratory tests, and medications.

If not for our health insurance, we wouldn’t be able to afford my open-head surgery in 2004 and my husband’s choledocholecystectomy (removal of the gall bladder) in the same year. Our health insurance offers maternity benefits, too. I wonder if a health insurance in NC provides the same coverage.

Are you familiar with term life insurance? Term life insurance is a life insurance policy that provides coverage for a limited period of time. Once the policy expires, the policy owner has the option to end the coverage or renew the policy. Term life insurance is the opposite of permanent life insurance where the coverage extends until the policy owner reaches 100 years old. Term life insurance is also less costly than permanent life insurance.

If you have a limited budget but you need life insurance protection during the child-rearing years or you need life insurance coverage to settle a loan, consider getting a term life insurance policy. You can get free term life insurance quotes online from some of the finest life insurance companies. These can help you decide what’s best for your needs.

Health is wealth. That adage could not be truer when it comes to someone in the family being injured or sick as these situations entail money. When one is seriously ill and needs prolonged treatment, this could spell financial disaster to the family due to mounting medical bills.

If there’s one thing I’m really grateful for right now is that my little family has health insurance. That’s courtesy of my husband’s office. He doesn’t pay anything for his health insurance, but he pays low monthly premiums for my and my son’s. Our health insurance covers 80% of our medical needs (hospitalization, laboratory tests, medications, etc.). That allows us to seek medical attention in reputable hospitals, too, like Makati Medical Center.

Thanks to that health insurance I’m alive today. I used that health insurance when I had open-head surgery for the removal of my pituitary tumor in 2004. That same year, my husband had to undergo choledocholecystectomy, the removal of the gall bladder. That surgery would not have been possible also without his health insurance. My health insurance covered most of my hospital expenses, too, when I gave birth to my son in 2006.

If not for our health insurance, we would be up to our necks in debt. Now, I’m realizing more than ever how important health insurance is. It’s a real lifesaver! I wish my Nanay has life insurance, too, so part of the cost of her bypass surgery could be covered.