We are all aware that talking about insurance instantly leads the conversation about death. We get it, nobody wants to think about that unfortunate event. But let’s look at it from a different angle: having life insurance means preparing for the future of your loved ones when you pass. How?
We listed down some of the reasons why it’s important to get your life insurance as early as now for the sake of your loved one’s future:
The unfortunate may come at you without a warning no matter how careful you are and how well you take care of your health. Accidents, especially sicknesses, really do happen.
Whether you’re the breadwinner of the family or not, your death will take a toll on your loved ones, not only emotionally, but also financially. A funeral isn’t something that you would save a budget for, right? But as we said before, death can happen anytime. How sure are you that you will not need to prepare for it as early as you can?
There are people that have been wanting to die to end their financial problems, but news flash, dying is very expensive! Funerals and other expenses during a wake may cost your family their months’ or even years’ savings just to give you a decent funeral.
We have computed for the cheapest funeral a Filipino family could get these days and it roughly costs at least Php 30,000--that doesn’t even add up to the monthly rent of a memorial lot of Php 1,000 in a public cemetery! Now we will ask you a question, can you afford to die?
A life insurance guarantees your peace of mind knowing that your loved ones will be taken care of by receiving cash assistance when you pass. This just means that your care and love for them didn’t die with you.
You don’t have to worry, life insurance doesn’t always have to be expensive. At Paramount Direct, you can apply for a life insurance for as low as Php 151 per month even though you are at your 40’s. Benefits aren’t bad either as this includes one which will give you cash assistance once you are diagnosed with a terminal illness. In addition, accidental deaths will automatically double your life benefit as much as Php 4 million.
You don’t really need many reasons to get a life insurance, one reason is enough, and it is to secure your family’s future when the unfortunate comes. So this Life Insurance Consciousness Month, consider getting one to protect the ones who matter to you the most.