Monday, August 11, 2014

GOOOOOOOOGLE LIFE INSURANCE!


“The reality is that we live in an unpredictable world.  Even apart from extreme events such as famines, we face the unexpected constantly.  We do not know whether the traffic will be clear or congested.  We not know if our flight will be delayed or canceled.  We do not know if we’ll slip on a slick road tomorrow and break our wrist and so on.  The only thing we can expect (with great certainty) is the unexpected.  Therefore, we can either wait for the moment and react to it or we can prepare.” – Essentialism, The Disciplined Pursuit of Less by Greg McKeown

What is life insurance really all about?  Who needs life insurance?  Why or when do we need it?  And how much do we need? 

Here are some “free” resources online that will help Filipinos answer the above basic questions, and embrace the essence of life insurance.

Life and Health Insurance Foundation for Education (LIFE), www.lifehappens.org

An American nonprofit organization dedicated to helping consumers make smart insurance decisions to safeguard their families’ financial futures. LIFE does not endorse any product, company or insurance advisor.

Check out the Life Insurance 101 videos and the Life Insurance Needs Calculator. 

Investopedia, www.investopedia.com

Investopedia is the largest website devoted to investing education and personal finance.

You’ll get definitions, tutorials, videos and FAQs about life insurance.

Philippine Life Insurance Association, Inc. (PLIA), www.plia.org.ph

PLIA is the umbrella organization of all life insurance companies operating in the Philippines.

The website includes the basic facts about life insurance including the general classification of life insurance policies.


MoneySense is the Philippines’ only magazine on personal finance.  It provides valuable information about earning, saving, spending, borrowing, investing and protecting one’s wealth.

Relevant “life insurance” posts include calculating how much life insurance you need and 10 ways on cutting your life insurance premiums.

Real Finance People, http://realfinancepeople.com/

Blog posts of Registered Financial Planners (RFPs) Philippines relating to financial planning, spending, saving, borrowing, protecting, and investing.

The site includes posts by personal finance coach J. Randell Tiongson about choosing the right life insurance for you.

According to studies, procrastinators are typically less confident, especially about the tasks they are putting off.  Whether you can invest a couple of hours or even a few minutes in getting to know about life insurance, it is important to take this small step to discern why it really matters to you and your loved ones.  As they say:  “do something today that your future self will thank you for.”

Hope this helps.

Ge


Gerald “Ge” Cantor’s mission is to help Filipinos save and invest for their future while protecting themselves and their families for the present.  Ge is a Financial Adviser of Pru Life UK (www.prulifeuk.com.ph), a Financial Planning Advocate of Personal Finance Advisers Philippines Corporation (www.personalfinance.ph), a Registered Financial Planner graduate (www.rfp.ph), a  Certified Public Accountant (CPA), a Certified Internal Auditor (CIA), a Son of Lourdes (LSM), and a La Sallian (Animo La Salle!).  Ge is proud to be an ex-OFW, a "career-shifter", an entrepreneur, a "frustrated" baller, and most importantly, a "proud" dad of Gia and Clarie. You may e-mail him at geccantor@hotmail.com or visit https://www.facebook.com/iPon.ph for more iPon tips. 

No comments:

Post a Comment