Why Filipino Property Owners Need Fire Insurance in the Philippines
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…