Top Plans for Your Retirement More than seven million retirees lack the resources to meet their retirement obligations because just 20% of Filipino seniors receive either an SSS or GSIS pension. Even though it’s simple to overlook retirement while you’re a young adult, everyone should be prepared for it. This is where retirement planning…
Beginner’s Guide to Disability Insurance The importance of life and disability insurance affects the entire family. It’s difficult to consider or plan for, but life and disability insurance might keep your family’s financial situation stable if you were to suffer a fatal or incapacitating accident or illness that prevented you from earning an income…
VUL Insurance – A Good Investment You might have been sold a variable universal life insurance policy by your financial counselor or a neighbor who sells insurance. You have concerns, and you should. VUL, or variable universal life, is a sophisticated product that isn’t suitable for everyone. A variable universal life insurance policy’s cash value…
Government service employees are the only beneficiaries of the Government Service Insurance System (GSIS), a social insurance organization. It serves as the private sector’s equivalent of the Social Security System (SSS) for wage earners of all kinds. The detailed GSIS guide to procedures, privileges, and other information is presented here since learning about…
Pandemic Boosts Insurance Demand Underinsurance and out-of-pocket medical bills Nine out of ten Filipino respondents, or 87 percent, intend to get new insurance in the following six months. The figure indicates an increase in insurance demand across Asia, rising from 62 percent in May 2020 to 71 percent in November 2020. “The shutdown has…
The COVID Pandemic has given life insurance businesses a boost Higher levels of alertness are required as the Omicron virus plague us. The ability to preserve your financial assets during this period of uncertainty is one of the most effective strategies to prepare and plan for the future. People are struggling with the “new normal”…
Odette and Omicron serve as a reminder of the need of sufficient insurance coverage. Securing vital protection from genuine and imminent dangers. With the country still recovering from the destruction caused by Typhoon Odette, new cases of COVID-19 consistently exceed 30,000, and the daily positive rate averages approximately 50%. Almost a month ago, on December…
THE NEW NORMAL OF INSURANCE During the epidemic, AXA LIFE INSURANCE COMPANY saw two things The first was that we could no longer rely solely on face-to-face encounters for safety reasons. The second point was that Filipinos often lack insurance knowledge and understanding. Many of them are just aware of life insurance and that one…
New normal changes in life insurance Two things discovered As the pandemic went on, the AXA company thought about two things they saw. The first was that we could no longer rely solely on face-to-face encounters for safety reasons. The second point was that Filipinos often lack insurance knowledge and understanding. Many of them are…
Pandemic continues to drive Filipinos to insurance Top Three Priorities Are Life, Accident, And Health Insurance. More Filipinos are affected financially and emotionally by the epidemic, purchasing insurance policies, prioritizing life, accident, and health coverage. Moreover, with the continued existence of COVID-19, they are aware of the costs associated with infection, such as hospitalization and…
