In the Philippines, it is a common saying that a house should be robbed than being caught in a fire. Because then, not everything will be taken away, and there will be a slight chance of being in a life-threatening situation. A fire can indeed turn everything in its way into ashes. Not only can it burn assets and properties, but it can also take away the lives of many…
When it comes to buying insurance products, one cannot overlook the importance of selecting the right coverage, choosing trustworthy insurance providers, and carefully assessing insurance needs. Otherwise, not doing research beforehand might leave the insured with insurmountable bills in the event of loss, injury, and accident. Like shopping for car insurance ph, purchasing fire insurance may seem complicated, especially for first-time buyers. Fire insurance is certainly not on most people’s…
In the Philippines, a house is considered the most valuable and expensive asset, with many Filipino families investing more on properties than other expenses. However, not many Filipinos prioritize protecting their assets despite viewing it as their utmost luxurious investment. According to a report from the World Bank Group and National Disaster Coordinating Council of the Philippines, the country is one of the most disaster-prone countries in the world, with…
The Philippines is notorious for the frequency of fires that occur all across the country, and that the number of fires increases every March, the Fire Prevention Month. The Bureau of Fire Protection recorded a total of 83,199 cases of fires occurring from the year 2014 to 2018. There is an average of around 16,640 fire incidents occurring every year or 45 fires a day. The significant number of fires…
While having at least one type of auto insurance policy for every car owner is mandatory in some countries like the Philippines, its benefits can be hardly doubted indeed. Most of the common causes of car-related accidents that can be heard or watch on mainstream media today usually range from driver errors and car malfunctions. It doesn’t seem like a pretty serious case to be worried around, cases of cars…
For most of the Filipinos, the house is the most expensive investment they will ever make. In saying so, it is but natural and practical to protect this investment against loss or damage may it be the natural or man-made cause. Unfortunately, protecting these assets is not a priority amongst Filipinos. They are more likely to purchase car insurance first before thinking of getting fire insurance. Interestingly, it is…