Importance of Life Insurance as a whole Life insurance is important for “Critical Years” – this is the period of your life when your children are still of young age and cannot provide for…
Tag: Life insurance series
Are life insurance companies trustworthy?
To answer this question, the best answer is to cite the promulgation of the Insurance Code on July 23, 2012 as an amendment that aims to “strengthen the insurance industry” The following…
How Does Life Insurance Work?
Life Insurance helps people meet financial losses through the following laws and principles: Risk Sharing – a group of people places a fund together in preparation for an uncertain event; Law of…
Variable Universal Life (VUL)
What is VUL? Also called Variable Universal Life, Variable Unit-Linked, or non-traditional life insurance. VUL is an investment-linked life insurance plan that provides life insurance protection and the opportunity to grow savings…
What is Life Insurance?
Life insurance provides protection against economic loss by enabling the policy owner to share the loss with others exposed to similar risk. It is a financial tool designed to protect…