Recently, I have a client who got deferred because she was very thin. Because of her weight, she was made to undergo a chest x-ray before admitting her application. True enough, after the chest x-ray, she was found to have a PTB (Pulmonary Tuberculosis) hence, her application was deferred. From the above example, there are…
Category Archives: FAQ
When a Life insurance Company Closes, Should you Worry?
Recently the Insurance Commission announces closure of 4 insurance firms, 1 from a life insurance company and 3 from non-life. They are still unnamed since the closure and possible mergers that can happen are still under evaluation and submission. (Business Inquirer) When you hear this in the news, what will you do? Will you panic? …
When is the Right time to Get a Life Insurance Policy?
President Obama’s grandfather was a life insurance agent, and in one of his speech he explained his grandfather’s predicament: his grandfather always said that “People would rather have a root canal than face a life insurance agent.” Ha-ha, in my experience, he is right. People run away from life insurance agents. But when would be…
What is the difference between a PRE-NEED and a LIFE INSURANCE? The most frequently asked question before buying a LIFE insurance
“Baka katulad yan ng CAP, baka bumagsak din ang kompanya na yan.” One of the most common remark or question I have heard in life insurance industry. I don’t blame people from thinking that way, since, I, myself, was a victim of pre-need education plans before. But since now that I know better, what…
12 Most Common Excuses All-year-round (January to December) What to say if a financial advisor is around?
Are you hiding from your friend from Manulife, Philam Life, Sun Life, Insular life, etc..? Are you being approached by these people quite regularly? Are you getting irritated and running out of excuses? You need to read this. I have gathered the most common excuses for all time and reading this will save you from…
How much life insurance Do You EXACTLY need? Here is How to Compute
One fine day, while talking to my friend Billy, I asked him. “ Do you have enough life insurance?” He told me, “Yes, I already got several and I think I don’t need another one right now.” I ask him again, “Are you sure, you have enough?”…
