Category: Calamity Insurance

Preparing for Disasters – Why Filipinos Need Calamity Insurance

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Preparing for Disasters – Why Filipinos Need Calamity Insurance featured image

The coronavirus pandemic is not the only crisis the Philippines has faced. The country, being one of the most disaster-prone countries in the world, has Filipinos continuously suffering from harm and property damage brought upon such tragedies. The Philippines is vulnerable to natural hazards such as earthquakes, cyclones, floods, and even volcanic eruptions than most countries, thanks to the nation’s geographic location. While the Philippine Government undoubtedly improved financing capacity…

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

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Importance of Home Insurance with Calamity Coverage During Rainy Season featured image ichoose.ph

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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Why Filipinos Need Acts of God Coverage?

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The Philippines has always been the site of many disastrous natural calamities that has affected countless lives and damaged multitudes of properties, with the most recent one being the eruption of Taal last January 12, 2020. Due to the frequency of the various calamities, it would seem like a no-brainer to get covered for Acts of God or Acts of Nature. Many car owners have already gone to get their…

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Typhoon Season Alert: Remembering Ondoy and The Value of Your Calamity Insurance Coverage

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Typhoon Season Alert: Remembering Ondoy and The Value of Your Calamity Insurance Coverage

Typhoon season is right around the corner. This means that floods will most likely be a part of life in Metro Manila and other places in the Philippines. Ondoy in 2009 reminded us of the horror of what could happen given the changing climate. Due to the Ondoy in 2009, the country even received a grant from the World Bank worth $1.5 million.  That gives you an idea how devastated…

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