One of the most compelling stories about life insurance that I’ve heard when I first joined Sun Life in 2017 was that of one of our branch Manager’s first clients way back in 1993. His first client was in his early 20’s, single, and was his family’s bread winner. He got life insurance with a coverage of Php 1,000,000 with an annual payment of about Php 10,000 or so, payable every quarter – or about Php 2,500 per quarter.
After getting insured and paying for the first 2 quarters, he went on an out-of-town beach outing with his friends. Unfortunately, he accidentally drowned. That left his family without a breadwinner: his parents don’t have jobs or a business, his younger sister is still finishing accounting studies in college, and they were just renting the house where they were living in at that time. Continue reading Here’s Why You Should Really Get An Insurance NOW
Did you know that managing your budget wisely is one of the smartest and most thoughtful ways to show love and appreciation for a family member who works overseas?
Daily work routine can be draining for an overseas Filipino but seeing the family enjoy every possible comfort is sometimes enough source of relief amidst all the exhaustion. When overseas Filipinos see that their families spend a bit too much, they tend to feel the lack of appreciation for all their hard work.
When you save portions of the received money and spend it thoughtfully, you prove to be trustworthy and reliable. Your money saving habits are a sign that your loved one’s hard work is valued and you’re not leaving them alone in sacrificing to provide for a better life for your family.
If you want to start showing more love for the family member who works abroad, here are a few things that you can consider: Continue reading Note To OFW Families: Your Saving Habits Mean A Lot To Your Loved Ones Abroad
With Christmas less than two weeks away, more and more of our kababayans are coming home to spend the holidays with their families. After living and working abroad with little to no family with them, returning home for the holidays is a much-awaited homecoming for overseas Filipino workers (OFWs). From balikbayan boxes filled to the brim and nightly reunions, the Christmas holidays is a grand celebrations for OFWs, and an expensive one. Continue reading Top 10 Money Tips for OFWs on Christmas Vacation