The 2024 Manulife Asia Care Surveu revealed that while Filipinos have high aspirations for the future, increased costs of living impact their confidence, especially when it comes to their finances.

“Many Filipinos are grappling with a number of challenges that are impacting their ability to feel secure about their overall well-being within the next decade, including their financial confidence,” said Grace Mallabo, Chief Health and Products Officer, Manulife Philippines.

“It goes to show that a holistic approach to health and wellness—one that addresses physical and mental well-being, as well as financial preparedness—is very important.”

Mallabo said protection plans like Manulife’s Freedom can serve as a valuable safety net through life’s ups and downs.

Freedom offers guaranteed cash payouts – 10 percent of your face amount – which customers can choose to receive every two years after full payment, or they can opt to leave it to accumulate until maturity.

It also has a guaranteed one-time cash benefit, either after 20 years or at age 65; as well as guaranteed life insurance protection equivalent to 200 percent of the policy’s face amount.

China Bank and China Bank Savings customers can also enjoy the same guaranteed benefits with Manulife China Bank Life’s Assure Max.

More than the financial shield that comes with insurance, building an emergency fund, sticking to a budget, and making sound financial decisions are also valuable on your road to holistic wellness.

Achieving a more financially secure future may not always be easy, but it is a worthwhile journey that can provide long-term benefits. By taking proactive steps for your physical, mental, and financial well-being today, you can live a worry-free present and tomorrow.