Are you ready to embrace the flexibility and independence that comes with working freelance? As the digital workforce expands, more Filipinos are pursuing freelancing as an alternative to the traditional 9-5. But before joining the Philippines’ growing freelance workforce, it’s important to weigh the pros and cons.
So, what are the Pros & Cons?
Pros:
● Flexibility - Freelancers set their own schedules and work from anywhere to accommodate their personal needs.
● Diverse Opportunities - Work for different clients from around the world, gain a lot of experience and expand your skill set.
● Income Potential - There’s a possibility to earn more through having several clients.
● Autonomy - Take full control over your choice of projects and be your own boss!
Cons:
● Income Instability - Some freelancers take on recurring gigs while some only sign up for short projects.
● Isolation - As freelancing is mostly done in digital spaces, you must make the extra effort to have social interactions.
● Taxes - Freelancers are considered self-employed and handle their own taxes.
● Lack of Benefits - Majority of freelancers typically do not receive benefits such as health insurance, retirement plans, or paid time off.
We know it can be daunting to invest into insurance, but at AIA, we have the product just for you on your freelancing journey. With AIA Med-Assist, you can worry less about hospitalization expenses and prioritize your well-being while you hustle. The plan offers a range of benefits, including but not limited to:
- Medical expense coverage of 90% of your bill up to PHP 4 million per year through a health card, so you only have to pay 10% of your bill.
- Daily hospital income up to PHP 3,000 to cover hospitalization expenses.
- Grow a health fund through a percentage of your premium payments being invested into the fund.
- An instant 20% coverage boost at the start of your policy, which can increase yearly through AIA Vitality
AIA Med-Assist is tailored for people in their prime working years, providing comprehensive coverage at affordable rates. At AIA, we create an opportunity for you to take a proactive approach to self-care and financial planning.
So, take this as your sign to embark on your freelancing journey with confidence. Together, let's create a future where you don't have to choose between freedom and protection.
