The Financial PRUtector

Life insurance is a contract between an insurer and a policyholder in which the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured.

To put it simply, you pay a sum of money known as the premium to the insurer and when you pass away, your beneficiaries (usually your family members), get a lump sum of money known as the death benefit.

Now the next question is should you buy life insurance?

You should buy life insurance, if you have anyone who may depend on you for financial support. For example: your kids/spouse or elderly parents.

However, if there is no one that requires you to support financially, then life insurance is optional.

Every responsible advisor will spend time talking about life insurance with their clients because they understand how important Life Insurance is in providing support for your dependents.

Life insurance proceeds can serve as a source of support, pay debts, or provide for the education and daily living expenses of your family and dependents.

So the next time when you hear an advisor asking “Do you have life insurance?”, do spend a few minutes sitting down and ask them more about it because it might just be the most important investment you make on yourself.

🙌🏻

🖊: twitter.com/RedefiningFil
Like the page: Redefining Filipinos

‼️Friend, baka makatulong din sayo‼️
One of my prospects say this to me “ Angel, may insurance naman ako sa current company ko eh.”
This is one of the reasons bakit hindi PRIORITY ng ibang employed ang kumuha ng personal protection plan.
But:
❌What if, si employee becomes critically ill and exceeded his HMO limit? Will the company cover their entire hospital bills?
❌What if, an illness or an accident prevents the employee from fulfilling his work? Will they still be able to keep his job?
❌What if, an employee resigns or got laid off? Are they still qualified for the company benefits?
❌What if, the company provided benefit is minimal coverage only? Will it be enough to cover the needs and secure their family’s future?
So paano na friend? 🤔
✅This is why we NEED to get our PERSONAL protection plan.
✅Because we will not be an employee forever. 💯
Want to know how much protection you need? Send me a message and I will help you compute the right coverage for you ☺️. 📩

Choose to be Protected and Financially Prepared 💛
Ctto

Not many people realize how important it is to have a proper retirement plan. You see, by the time most people come to such a realization, they are usually too late and have already missed out on the many OPPORTUNITIES that would have given them the financial stability and peace of mind in their later years!

Hence starting somewhere is always BETTER than not starting at all!

If you are a client reading this and do not have a retirement plan for your later years, speak to your financial advisor today and read up to self educate. It is always better to start early.

If you are a financial advisor reading this: Please share this with your clients and friends who you think should be aware of this.

If you are a financial advisor looking to upgrade yourself check out the ebook I've prepared: https://bit.ly/3k1NiAx

You may not trust us when we message you, call you, text you or email you and offer you a life insurance and other kinds of income protection plans.

But trust those who has gone through hardships because their loved ones doesn’t have a life insurance or a critical illness insurance or other types of insurances. 😞

(Reposted with permission from Sir Willison Yu.)

Happy Monday!❤️