Depending on how long homeowners have lived in a house, it is natural for belongings to accumulate, and it is hard to keep track of things, especially if they own more than they realize. Homeowners can miss some things when they try to list off their valuable possessions. That is why creating or updating a home inventory of your possessions at least annually offers benefits beyond having a total accounting…
Having car insurance is necessary as it supports a driver’s driving experience, financially protecting them from the inherent dangers of driving along the Philippines’ roads. It also allows vehicle owners to comply with the country’s laws and regulations. However, despite providing peace of mind to vehicle owners and being a compulsory requirement for registration, many people today still believe several misconceptions about availing of car insurance, such as insurance premiums are…
Suretyship is about having the assurance that a significant task or obligation will be delivered as promised. Surety generally takes the form of a bond, which is an agreement or contract that the surety company is indebted to or at some point must pay the one who holds it, in the scenario that the contractor fails to meet some obligations or terms of the contract. What is a surety bond,…
Every year is off to a busy start, with people listing their priorities off, including what they aim to accomplish for the year ahead. Often, with so much to consider, many policyholders forget to include reviewing their policy on their list. So much can happen in a few months; it may include major purchases, significant life events, and many lifestyle changes or circumstances. Hence, it is essential to review one’s…
The past year has various industries suffering from the impact of the coronavirus pandemic. The insurance industry is no exception as it has to deal with several issues relating to business continuity, services, and operational profit. All of which are highly disruptive, prompting insurers to strive and adapt to profound changes. People can only predict what 2021 can bring, but one thing is for sure, we live in a world…