Buying life insurance is one of the most significant financial decisions. Before purchasing a policy, first-time buyers have many things to consider and should be given a great deal of thought before going ahead. Without much consideration, it can confuse buyers. In truth, the confusion intimidates people and is one of the top reasons they choose not to have a life insurance policy. Ease your mind with the tips…
If there is one thing that people can relate to in the previous year, it is the realization that the COVID-19 pandemic has been a wake-up call regarding people’s lifestyles and how to save and manage money effectively. With many workers losing jobs, facing a decrease in their payrolls, and increasing prices of many essential commodities, money management has never felt so important. This year, it would be wise to…
Many people struggle with finances as there is a lot to consider – from sending children to school, paying essential utilities, housing, and other financial obligations. While it is inevitable to worry about financial matters, it does not have to be a hassle. There are ways in which you can improve your financial situation. As this month is the celebration of Financial Planning, take this time to reassess finances and…
Life insurance, also known as death cover or income protection, plays an essential role in personal financial planning, protecting you, the insured, against life’s uncertainties, such as sickness, disability, and untimely death. It provides a replacement for the loss of income brought about by the circumstances, minimizing the impact of your death on your beneficiaries. Because of the financial protection and peace of mind that life insurance offers, it is…
When was the last time you thought about insurance? Are you even sufficiently covered? If you are unsure of these questions, now is the right time to consider life insurance PH. Before, insurance in the Philippines was seen as a liability rather than financial protection for life’s unforeseen events. However, recent happenings resulted in an increase in insurance penetration in the country. The pandemic has taught Filipinos how fragile life…
Insurance is important across many aspects of life. It can help you ensure that you are financially secure and ready to face unforeseen situations in life. Having a life insurance Ph policy enables you to protect your loved ones financially at the time of your demise or if you become disabled due to an accident. A health insurance Ph policy ensures that you are covered in the event of a…
Technological advancements that led to the digitization of business processes have forever changed people’s lives. Whether buying clothes, foods, or even insurance products, many prefer going to the digital space as it is more convenient and cost-effective. Gone are the days where insurance agents would knock on doors to convince people to buy a particular policy. Today, purchasing insurance products are as easy as a few clicks on computers and…
When talking about insurance policy, there are different types of coverage available. Depending on what is covered in a policy, people can ensure financial assistance from life-altering situations that can render people financially incapable. The everyday uncertainty stresses the importance of insurance should certain things happen. While preventing such occurrences is impossible, at least financially, people are in control as the insurance policy can safeguard them from impending obstacles. Despite…
Insurance plays a vital role in your financial well-being, which protects you and your family in times of great need for financial assistance. As you move through life, it stresses the importance of insurance in a long-term plan. Today, many factors can leave you in financial ruin if you are not adequately insured. No matter your situation as a professional, employee, or business owner, an unexpected situation can unravel quickly,…
The importance of getting your car insured is to acquire financial coverage if you are faced with adversity. A claim against your insurance may never happen if you are fortunate enough to steer clear from danger. However, when you experience mishaps that lead to unexpected accidents, damage, or loss covered by your insurance policy, you are legally entitled to make a claim. The insurance policy is a form of contract…