Life insurance is a particularly effective risk management tool for Filipinos, given the unique socioeconomic challenges and cultural values that characterize the Philippines. Here are several reasons that illustrate why life insurance is especially important for Filipino families. In the Philippines, there is a strong cultural emphasis on family and community support. It is common for a single income earner to support multiple family members, including children, spouses and often extended family such as parents and siblings. Life insurance ens ...
Business interruption insurance (also known as business income insurance) is a type of... Savings and loan association Social insurance Trade union Insurance cycle Category List of topics
“Nag-aalala ka dahil nagmamahal ka (You worry because you care).” · This was the sentiment shared by Ms. Sharon Cuneta in her latest vlog for the Insular Life (InLife) Dreamweaver Series. “My life still had its ups and downs but generally I have been really fortunate. And while most of you will see me as an accomplished individual, believe it or not, I still have my own share of worries. I still worry about my kids, my husband, my family, which is just normal,” the mom of KC, Frankie, Miel, and Miguel said. ...
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MANILA -The growth in lending by the Philippines’ largest banks slowed down for the sixth straight month to a nearly two-year low of 6.5 percent in September, adding credence to concerns that lukewarm private spending will lead to more subdued economic growth in the fourth quarter. Preliminary data at the Bangko Sentral ng Pilipinas show that the growth in total lending, net of short-term loans to the central bank, continued to lose momentum after reading out at 13.4 percent in September 2022 and 7.2 percent last August. ...
Tonik Financial Pte. Ltd. is acquiring a financial technology (fintech) platform providing financial services to company employees in a bid to expand its portfolio. In a statement on Friday, the parent company of Tonik Digital Bank Inc. said it had entered into an agreement with Tendo Payment Solutions Pte. Ltd. to buy its local business operating under the name of “TendoPay.” · The deal is still subject to the approval of relevant regulators. “Tonik’s acquisition of TendoPay is a testament of our passion for accelerating financial and ...
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Business owners should also check to see if they have business income or business interruption insurance, which covers the loss of income and other costs like expenses, salaries, or rent...
As an insurance professional, you may be in search of a loan to: ; Acquire an agency or perpetuate your business ; Finance or expand your book of business ; Consolidate existing debt over a longer term. Can cut monthly costs in half and free up cash flow for expansion
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