How To Buy Life Insurance PH
                     HOW TO BUY LIFE 
INSURANCE PH
How To Buy Life Insurance PH
◦Are you planning to purchase life insurance PH? If this is what you are up to 
right now, you need to know the right steps to take to make sure that you are 
making an informed decision. The COVID-19 pandemic has been a wake-up 
call for many Filipinos and has prompted some to purchase life insurance for 
the first time.  
How To Buy Life Insurance PH
◦In order to get the right life insurance PH cover for your needs, one of the 
things you need to do is assess your current financial situation. It is important 
for you to have a true picture of your financial health before you can figure out 
the type of life insurance you need, and how much. You need to consider what 
you currently have in place for supporting the loved ones who depend on you 
financially, for instance retirement savings, emergency fund, and any life 
insurance coverage through work. You may figure out that you are not as 
prepared for the unexpected as you thought.
How To Buy Life Insurance PH
◦It is a good idea to work with a financial advisor to discuss what needs you 
should cover with life insurance PH: whether it is children who will need to be 
supported, a mortgage that will need to be paid, a small business to maintain, 
or a legacy you want to leave. Your workplace can offer you access to a 
financial planner as part of your benefits, or you can also find a fee-only 
planner.
How To Buy Life Insurance PH
◦You also need to know how much coverage you need. Most people usually 
underestimate how much life insurance they need. They tend to think only 
about how much would be required to pay off their major debt, like a 
mortgage. It is important for you to consider how much more would be needed 
to  your spouse or partner pay bills, pay for college tuition, support your 
children, or cover any other long-term needs.
How To Buy Life Insurance PH
◦For more tips on how to buy life insurance PH, visit our website at 
https://ichoose.ph/home