Archive: September 28, 2020

Insurance and COVID-19: How Health Insurers Support Clients and Agents [Infographic]

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The coronavirus pandemic has affected the normal flow of work and business, halting operations during the first few months of 2020. Various companies, including insurance firms, have temporarily closed during the enhanced community quarantine implementation in March and continued during the Modified ECQ in May and the current general community quarantine. The strict regulations of the community quarantines have affected individual lives and the workflow of businesses. For example, most…

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Importance of Home Insurance with Calamity Coverage During Rainy Season [Infographic]

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The Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA) has been continuously monitoring La Niña’s possible development since March 2020. However, it is only in June this year that it has declared the rainy season’s start. The rainy climate condition and La Nina phenomenon bring about above-normal rainfall conditions over some parts of the country. During the rainy season, the occurrence of storms is expected in the Philippines. According to…

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Tips to Avoid Fraudulent Insurance Providers

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Life is filled with uncertainty, and many things remain outside of your control. As change is inevitable, one can only guess what is going to happen next. We go on our daily lives, unsure whether we’ll get caught in an accident or not.  Knowing every day, we face the risk of being in an accident, and getting insured is the best way to grasp some control over life. At some…

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Do’s and Don’ts of Car Insurance Claims

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The importance of getting your car insured is to acquire financial coverage if you are faced with adversity. A claim against your insurance may never happen if you are fortunate enough to steer clear from danger. However, when you experience mishaps that lead to unexpected accidents, damage, or loss covered by your insurance policy, you are legally entitled to make a claim. The insurance policy is a form of contract…

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How to Budget During a Crisis

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COVID-19 pandemic has brought many obstacles and unforeseen challenges that have taken a significant toll on people. Many countries have declared lockdowns, stay at home orders, and other restrictive measures to prevent it. Additionally, with safety measures in effect, it has led to the economy’s downfall. Public places are forced to close while businesses and organizations limit their operations. Consequently, many people have to cope with having reduced paychecks and,…

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