Life insurance is one of the most important investments you can make in your adult life. It might be a long way to go before you see a world where most Filipinos have coverage, but this number is slowly crawling up. In fact, approximately 50 million Filipinos had life insurance coverage by the end of 2017.
Life insurance is more than just a death benefit your beneficiaries will receive when you pass away. Other types give you the opportunity to link it with investments, protect you from the sudden loss of income, cover medical expenses, and more.
If you’re looking to apply for life insurance in the Philippines, you came to the right place. From learning about basic life insurance terms to the application process, this post will have you covered.