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…
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…
Insurance policies are essential to secure people financially in case anything happens to one’s property or on one’s health. Insurance plans will serve as lifesavers for the insured since they will not have to pay out of their pockets as long as they have the necessary coverage for what they endured. No matter the type of policy one has and its coverages, people will not enjoy their insurance limitlessly since…
Buying a car alone is already riddled with many complications since there are many models out there, and there’s the case of whether one should purchase either a brand-new one or a second-hand one. Then there’s also the matter of insurance cost, which can also affect a car buyer’s decision-making when getting a new car. Getting car insurance is essential to ensure that the car owner is financially protected in…
Insurance policies are not only meant for individuals who want to protect themselves or their properties from any possible dangers or losses, but also for other people and items. Insurable interest enters the stage, allowing one to insure a property owned by another entity. Insurable interest is a vital requirement for insurance policies issued to protect an individual from financial loss should another person or item be lost or damaged….
Nobody in the world is getting any younger, and one can say that the world is getting more dangerous as the days go by. Some people might be superstitious and not want to invite trouble by getting insured, but there’s no doubt that life insurance is beneficial for those who’ll be left behind. Getting life insurance is an excellent way to protect one’s loved ones from any financial difficulties they…
The Christmas season is one time when people can finally celebrate as their year is about to end while having much money since they’ll likely have their 13th-month pay and Christmas bonuses in hand. Some people might opt to stay at home and celebrate with their families, but others might take this time to go out for a road trip, go to their provinces or go abroad. Travelling has its…
Many Filipinos are superstitious and believe that getting insurance, whether it is life or health, is like they’re admitting that something disastrous will inevitably happen to them, and most Filipinos want to shy away from the thoughts to keep them safe during their everyday life. Most people also think that getting insurance is reserved only for the elite, those who can afford it without worrying about any other expenses. The…