Philam Life Insurance | EfPrime Finance

What is the best life insurance policy to have? | EfPrime Finance  The decision about what type of life insurance policy to buy is an important one. You should know the options out there and what your specific needs are to determine which type of policy is best for you. In this blog post we will go over the factors that contribute to buying a particular type of policy, as well as discuss some general advice on how to figure out if you need it or not. Factors to Consider There are many different types of life insurance policies available for purchase. A policy is simply a contract between a person and an insurance company which states that the company will pay out a specific sum of money to certain individuals upon the death of the person in question. As you might have guessed, life insurance costs money, but it is generally inexpensive enough that everyone should consider having some sort of policy. The cost is small when compared to what it could do for you (and your beneficiaries...

Should I Buy Term Insurance? | EfPrime Finance  We all know that insurance is usually a good idea, but what kind should you get? Term Insurance is a policy that pays out your beneficiaries (usually your family) if you die while the policy is still in effect. It does not pay out if you become disabled, and it only pays out for the duration of time specified in the terms of your plan. So should you get Term Insurance? You'll want to compare it with other types of policies to make sure it's right for your situation. In this post we'll go over some things to consider before making any decisions about which type of insurance will work best for your life situation and budget.   Types of Life insurances in the Philippines Term Life insurance A term policy is one that pays the face amount only in the event of death within a stated number of years.  Term insurance is designed for use in situations where a person needs maximum protection at the lowest premium outlay, particularly...

Life Insurance: 10 Things Your Agent Won’t Tell You: A blog about life insurance  Life insurance is a personal decision. You can't be forced to take it out by a company or anyone else. It is something you have to make up your own mind about and weigh all the pros and cons, but that doesn't mean there isn't some basic knowledge every individual should know before they get started.   Here are 10 things your life insurance agent won’t tell you:   1) Not everyone needs life insurance. For many people, it may not be necessary, as you can rely on other forms of savings in case of unforeseen circumstances like illness or death. 2) Life insurance isn’t for everyone. Health conditions, past medical history and other factors may make someone uninsurable. 3) Your life insurance must be paid and up to date when the unforeseeable event happens. Otherwise, your beneficiary receives nothing from the policy's death benefit. The lesson there is to not lapse your respective...

Philam Life's Family Secure | EfPrime Financials  Date Updated: 23 Augst 2020 Summary Here are the things that will be discussed:  Pros and Cons  Life Insurance Coverage Comprehensive Accident Coverage  Investment for Retirement  Critical Illness Coverage Health Fund for your Future Health Care needs  Waiver of Premium  Hospitalization Coverage Philam Vitality  Is this policy for me?  How to buy this insurance?  Click here Conclusion  Pros and Cons  Pros Regular Pay (Pay to age 100)  H igh protection coverage   With Upfront Discount of 10%. Discount may increase up to 20% per year   Cheapest VUL of Philam Life   You are insured as long as you have investment balance High income potential if with Top-Up Comes with PhP200.00/week or P10,400.00 per year plus coverage boost You have withdrawable investment in case there comes an emergency  Cons Slow in growth of money if without Top-Up. Top-up is recom...

   Philam Life's Moneyworks - 5 Year pay | EfPrime Financials  Date Updated: 23 August 2020  Summary Here are the things that will be discussed:  Pros and Cons  Life Insurance Coverage Comprehensive Accident Coverage  Investment for Retirement  Critical Illness Coverage Health Fund for your Future Health Care needs  Waiver of Premium  Hospitalization Coverage Philam Vitality  Is this policy for me?  How to buy this insurance?  Click here Conclusion  Pros and Cons  Pros 5 year pay  High earning potential You are insured up to age 100 as long as you have investment balance Maximized the use of your hard-earned income Low cost of insurance  Comes with PhP200.00/week or P10,400.00 per year plus coverage boost You have withdrawable investment that can be your health fund or retirement fund Cons Lower coverages or protection compared to other Philam Life insurances   Shopee Life insurance Coverage...

  Philam Life's Moneyworks - Long Term | EfPrime Financials  Date Updated: 23 August 2020  Summary Here are the things that will be discussed:  Pros and Cons  Life Insurance Coverage Comprehensive Accident Coverage  Investment for Retirement  Critical Illness Coverage Health Fund for your Future Health Care needs  Waiver of Premium  Hospitalization Coverage Philam Vitality  Is this policy for me?  How to buy this insurance?  Click here Conclusion  Pros and Cons  Pros 10 year pay or more  High earning potential You are insured up to age 100 as long as you have investment balance Maximized the use of your hard-earned incom   Low cost of insurance  Comes with PhP200.00/week or P10,400.00 per year plus coverage boost You have withdrawable investment that can be your health fund or retirement fund Cons Lower coverages or protection compared to other Philam Life insurances   Life insurance Coverage...