17/10/2023
Pano Pumili ng Best Life Insurance na Para Sayo?
Most of the life insurance companies in the Philippines are stable financially despite the ongoing pandemic unlike before na hindi clear ang regulating body na magccheck ng stability ng mga insurance firms na to.
You may still have doubts of getting your own insurance plan now whether yung pre-need plan na kinuha mo before ay hindi na napakinabangan ng dependents mo or nagsara na ng tuluyan to the point na wala kang nakuha na kahit magkano sa nsurance claims mo. Again we have learned from these mistakes which led us of having concrete plans in terms of our rules and regulations from Insurance Commission to these insurance companies.
Now, stop comparing insurance Company A, B, C dahil wala kang makukuhang magandang sagot from it dahil as you can see what will you get will be more biased than what you are expecting to the point na mas malilito ka lang kung ano ang best para sayo. Itโs like comparing apples from oranges, as without you knowing baka maling category ang tinitignan mo sa isang insurance.
With that, here are my tips when selecting the best insurance for you to make your life easier:
1. Instead of comparing insurance companies, compare how accommodating your potential insurance advisors
Mas ok kung if you tend to ask as many questions as you can in the insurance products offered to you at hindi ka lang magtatanong during the set meeting sayo. In short, you have to try to make sure that this person offer you an insurance product based on your capacity to pay and at the same time fit within your need. Sad to say na may ilan kasi talagang insurance agents na magiging active lang during the process of closing a deal with you pero mawawala na dahan-dahan by the time na nakuha na ang commission from the product you purchased from him/her. You have to make sure that this person is approachable enough to the point na kahit schedule lang ng payments mo sa insurance plan mo makakapag bigay sya ng advice sayo.
2. Now that you know about choosing for the right financial advisor, look now into comparing insurance proposals given to you.
Meaning entertain first different proposals and try to compare it with each other. After comparing, ask the questions you need to clarify one by one even yung tipong pagpapalit ng beneficiaries mo for your insurance coverage dapat maitanong mo. From there atleast youโll have an idea how they respond to you and the same time mas mapapadali ang pag pili mo ng best fit insurance for you dahil nakapag compare ka na. Just choose atleast 3 proposals from 3 different companies para hindi ka mahirapan mag compare.
3. Try to research a little about investments specially like the stock market, mutual funds, bonds and ask about these sa financial advisor mo- You have to understand that they are using the job as โfinancial advisor/ financial plannerโ so try to see pano nila gampanan ang roles na ito. The more knowledgeable they are, the better for you but again para sakin add on na lang yung knowledge ng isang advisor as mas focused ako sa serbisyo nya sakin.
Remember that you are doing this for the longterm so it is best that your financial advisor/ planner should fit with your characteristic or atleast ma-meet ang iyong simple demands in terms of your insurance needs. From my end, sobrang big factor for me yung monthly updates na narereceive ko from my advisor as well as the payment notices nya na manual nya pa kong nireremind regularly dahil again, 10 years yung payment terms na kinuha ko so yung magparamdam sya once in awhile is a BIG YES for me!
-CTTO
