Ready To Be RichDo you have life insurance?
If you have dependents, then you should have one – that’s the simple truth.
Unfortunately, not many Filipinos consider getting life insurance a current priority.
In fact, a study released back in 2011 by insurer, Manulife Philippines, says that “Filipino families are vulnerable to financial catastrophe because only 13 percent of the country’s population has insurance.”
I guess that’s one of the reasons why a few insurance companies in the Philippines have been very active lately in their marketing campaigns, using various media, including online channels, to promote the importance of having insurance.
Why do you need insurance?
Today, instead of giving you a list of reasons, let me just warm your heart with a music video, and two short films which I know you’ll all enjoy watching.
One warning though before you press play… be sure to have tissue paper nearby. 😛
Basta’t May Plano Kaya Mo ‘Yan – Philam Life
1945 – Sun Life Financial
Bucket List – Insular Life
Do you want to know how much life insurance coverage do you really need? I’ll give you a simple way to calculate soon – so be sure to subscribe to Ready To Be Rich.
Sources:
Insurer says only 13% Filipinos insured. ELR/VS, GMA News. May 10, 2011.
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Tags: In Focus, Inspirational, Insular, insurance, life insurance, Personal Finance, Philam, Sunlife
Hi, my name is Fitz Villafuerte and I’m a Registered Financial Planner living in the Philippines. In 2007, I started this blog to help people learn how to achieve financial freedom.
This is one of the biggest and most important decision I did for this year. Getting an insurance. Especially now that I have my young one already. And your site made me decide to have one. Salamat sir Fitz for the enlightenment. 🙂
– Rogie