Things To Know Before Buying Life Insurance In The Philippines
                     THINGS TO KNOW 
BEFORE BUYING LIFE 
INSURANCE IN THE 
PHILIPPINES
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Things To Know Before Buying Life 
Insurance In The Philippines
◦If you are looking to buy life insurance in the Philippines, it is imperative that 
you take time to do a life insurance comparison Philippines in order to get the 
best deal. While life insurance is not the most tantalizing topic, it certainly is 
important and necessary if you have loved ones who depend on you 
financially. Actually, life insurance is a lot more affordable than most people 
think. 
Things To Know Before Buying Life 
Insurance In The Philippines
◦So, what exactly is life insurance? It is a contract between you and an 
insurance company. This contract is referred to as a policy. You agree to pay a 
premium (a single payment upfront or regular payments over time) in order to 
keep the policy active. And in return, the insurance provider will pay a death 
benefit to your beneficiary in case pass on while the policy is in force.
Things To Know Before Buying Life 
Insurance In The Philippines
◦When you do a life insurance comparison Philippines, it will help you 
determine the amount of death benefit you can get. This amount depends on 
how much coverage you choose to purchase. The coverage amounts can range 
from a very small figure (such as $5,000) to cover funeral expenses to millions 
of dollars. You are allowed to name more than one beneficiary and designate 
that each one of them will get a certain percentage of the payout. You are also 
allowed to name organizations as beneficiaries, such as charities.
Things To Know Before Buying Life 
Insurance In The Philippines
◦Remember that the more coverage you purchase, the higher your premium will 
be. Also keep in mind that your life insurance premium will be affected by 
your gender, your age as well as your health at the time you apply for 
coverage. You can lock in a lower premium if you get coverage while you are 
still young and healthy.
Things To Know Before Buying Life 
Insurance In The Philippines
◦For more tips on what to know before buying life insurance in the Philippines, 
visit our website at https://ichoose.ph/