People have no control over the conditions they drive under – from pouring monsoons to a hot, dry summer from March to May. These weather conditions are what Filipino car owners has to take precaution against as temperature changes can affect their vehicles. The warm temperature, which the Philippines are well-accustomed to, is something car owners should prepare for to ensure that their car is in good working order when…
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…
A home insurance plan’s primary purpose is to save the insured from any financial stress in the event of damage or property loss. However, a settlement claim that is either below expectations or denied can cause stress and frustration. Dealing with property damage is already a difficult situation to be in as it can get overwhelming, more so when a home insurance claim gets rejected. Should the unexpected happens, the…
The Philippines only has a wet and dry season. Generally, the dry season starts from October to May, and the rainy season starts from June to the early part of October. However, the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA) details that the country may expect more rain during the early months of 2021. Typhoons, tropical cyclones, and monsoons are often the factors that trigger rains. But the further…
Buying a car is no longer a luxury but a necessity for Filipinos, especially those who have used the country’s inadequate and inefficient mass transport system. Car buyers have many factors to consider when purchasing a vehicle. Besides the fuel, maintenance, and car insurance Ph costs, they also need to deliberate on paying for their cars. Paying in cash is the cheapest way to purchase a car. However, this payment method is…
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…