There are lots of insurance available in the market. For ordinary people, it’s quite confusing and very hard to decide which one is best for us. Each insurance caters specific person base on several factors like age, financial status, medical history and other things. For this blog, let’s discuss different types of insurance. There are several types of insurance base ... Read More »
Buying insurance is a bit complicated for those who are not familiar with it. Often times, insurance agent do not discuss the topic pretty well. Some of them just do product pushing and let the client get what they want base on their personal gains. When buying insurance, it is the client’s responsibility to educate themselves on what they are ... Read More »
In a 2018 article in Inquirer site, a research from Sun Life Financial Philippines Inc. shows that there are only 16% of middle to upper income Filipinos have insurance products. This is considered to be very low. Most likely, more than 95% of those who bought insurance are considered as under-insured. These are those who get insurance but do not ... Read More »
While we are all busy with the COVID-19 news, we may not be aware of the huge hike in Philhealth contributions. In it’s Circular No. 2019-0009 last year, premium rates will be increased significantly over the next 5 years. See below table for the new rate. Last time, OFW Philhealth contribution is around PHP2400 only per year. With the ... Read More »
Let’s assume you want to buy life insurance now which covers death. The question is, how much coverage do you really need? When buying life insurance, you have to take note that you are insuring yourself for what you are worth for. How much is your life worth? Imagine you buy a car worth PHP 1M pesos, you are also ... Read More »
As an employee of the company, most of us have insurance coverage. The only variations are the amount of coverage and the details of coverage that each companies are offering. Buying insurance for the employee involves money, so it is up to the company which package they will get for their employee. It is an added morale to employees knowing ... Read More »
Richard Macalintal Helping people one blog at a time.