As Filipinos begin the year with stronger attention on health and financial stability, Palawan Group of Companies introduces an insurance product designed to help families prepare for serious medical emergencies without straining their finances.
Palawan ProtekTODO Critical Illness Insurance offers coverage for three major health conditions that continue to affect thousands of Filipino families each year: heart attack, stroke, and cancer. Global and local health data consistently place these illnesses among the leading causes of death in the Philippines, highlighting the financial and emotional burden they bring to households.
Through direct financial support upon diagnosis, the insurance aims to reduce the pressure of sudden medical expenses and protect families from dipping into savings or taking on debt.
Photo shows (from left to right) Bernard Kaibigan, Chief Marketing Officer of Palawan Group; Nicasio “Ninoy” Rollan III, President and CEO of OONA Insurance; Lisa Castro-Sabado, Chief Business Development Officer of Palawan Group; and Karlo M. Castro, President and CEO of Palawan Group
Karlo M. Castro, President and CEO of Palawan Group of Companies, stressed the urgency of expanding health protection to ordinary Filipinos. He pointed out that many people only recognize the financial weight of critical illness when they are already in crisis.
According to him, this reality often leaves families overwhelmed by hospital bills and related costs. He said the company developed ProtekTODO to bridge this gap and make protection more reachable, especially for those who may not have considered insurance before.
By simplifying access and offering it through familiar channels, the company wants more families to take early steps toward financial readiness.
Karlo M. Castro, President and CEO of the Palawan Group of Companies
The product provides a full lump-sum cash benefit once a covered illness receives a confirmed diagnosis, whether detected early or at a later stage. Policyholders can use the payout based on their most urgent needs. Families may allocate funds for hospital bills, ongoing treatments, medicines, daily household expenses, or income replacement during recovery.
The policy covers Filipinos aged 18 to 60 and grants one year of protection per plan.
To match varying budgets, ProtekTODO offers two options. The Basic Plan gives ₱50,000 in coverage for an annual premium starting at ₱550. The Plus Plan doubles the coverage to ₱100,000 for premiums beginning at ₱1,100 per year.
Customers may purchase multiple policies, allowing them to build up to a maximum total benefit of ₱500,000. This flexible structure helps families gradually strengthen their financial safety net over time.
Lisa Castro-Sabado, Chief Business Development Officer of the Palawan Group of Companies
Lisa Castro-Sabado, Chief Business Development Officer of Palawan Group, emphasized the value of collaboration in making insurance more inclusive. She explained that the company partnered with Oona to deliver a solution that remains reliable while staying easy to understand and affordable.
She added that the partnership supports Palawan Group’s long-standing promise of providing services that are budget-friendly, fast, and hassle-free. By offering the product in physical branches, through the PalawanPay app, and on e-commerce platforms, the company integrates insurance into everyday financial transactions.
Bernard V. Kaibigan, Chief Marketing Officer of Palawan Group, highlighted another challenge the product addresses: the perception that insurance feels complicated and intimidating.
He noted how so many people avoid traditional policies because of technical language, high premiums, and lengthy processes. ProtekTODO, he noted, removes these barriers by presenting straightforward coverage that delivers practical financial help not only for medical bills but also for day-to-day expenses during recovery.
This approach allows families to focus on healing rather than worrying about income loss.
Bernard V. Kaibigan, Chief Marketing Officer of Palawan Group
As more Filipinos prioritize both wellness and financial preparedness, Palawan ProtekTODO positions critical illness insurance as a basic layer of protection rather than a luxury.
The product encourages families to take manageable steps toward readiness, proving that even small, affordable premiums can lead to meaningful support during life’s most difficult moments.
Customers can avail of Palawan ProtekTODO Critical Illness Insurance at Palawan Pawnshop–Palawan Express Pera Padala branches nationwide, through the PalawanPay app, and via official online stores on Lazada and Shopee.
