When it comes to insurance coverage for senior citizens, making an informed choice is not always easy. Nevertheless, if used wisely, life insurance can also act as retirement plans for senior citizens. Both these types of insurances have their own set of benefits. So, which one should senior citizens choose? Life insurance, wherein your family…
Buying life insurance is one of the most important financial decisions, but believe it or not, here in the Philippines only a few Filipinos are insured. If you wonder why? This is because a lot of them don’t give it enough value. So why is it so important? Well, regardless of how much you earn,…
COVID-19 opened the world in 2020. So it’s no surprise that the severity of the disease has people contemplating their mortality. This also left many people looking into purchasing life insurance if they don’t already have it, and people that already have life insurance may be considering buying more. Unfortunately, many of the people who…
There are many people who don’t know whether or not life insurance is taxable. Life insurance proceeds are not usually subject however, there are instances when life insurance can pay taxes. One of the primary upsides to life insurance is that the payout is made to your beneficiaries tax-free. Since life insurance death benefits can…
Are you wondering what life insurance coverage is? Don’t worry! In the event that you need to protect yourself from financial risk, we have got you covered! Manila Bankers Life Association is here to help you be informed all about it. Life insurance is a financial tool that provides and supports the family of an…
With the ongoing pandemic and the current state of the world, so many lives are affected. Many have panicked resulting in them not knowing where to spend their money and how to handle their finances. People started to invest in small businesses with hopes to earn more income in the midst of the pandemic which…
There are a variety of reasons why Filipinos choose not to get insurance. Many think that insurance is a luxury that they do not need. There are a lot of Filipino families that choose not to get insured because they think that they are not going to be able to benefit from the insurance policy…
When it comes to investments, some ideas are better than others. People should consider their situation, what they are good at and the amount of capital they have before even considering what type of investment they should go into. This article will talk about the possible investment opportunities and how they can benefit you. What…
You may have heard of endowment plans, but then again, you may have not. This article will talk about endowment plans, their advantages and how can you can create a good investment in your plan. What is an endowment plan? An endowment plan is a type of insurance product that combines life insurance with a…
When you are in the market to buy a life insurance policy, there are certain things that you need to look for before settling on a specific policy and putting down the first payment. Getting the most for your money is essential to investing in a life insurance policy. This article will teach you about…