30/03/2021
TOTAL Covid-19 related claims paid by the insurance industry have already hit P2.3 billion as of September last year, according to the Insurance Commission (IC).
Hope this inspires consumer confidence in availing insurance and HMO products sold by trustworthy Advisers from regulated companies. 🙂
When you buy insurance, you reduce the risk that the wealth you accumulated over a long time will be left untouched due to probable unfortunate events like accidents, critical illness, or even death.
While I do understand that most of us millenials are trying to build higher net worth as we earn each month, please understand that having a DEFENSIVE plan is as important as having an OFFENSIVE strategy.
Having no back-up plan will make us one UNFORTUNATE EVENT away from being BROKE.
Ctto.
