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NEWS AND ARTICLES

How to Invest in Life Insurance Plan in the Philippines

Posted at March 15, 2021 by

Table of Contents 

Introduction

  • Be Ready for Life’s Surprises
  • Valuable Return of Investment 

 

Life Insurance Plan in the Philippines 

  • Life Insurance Plan 
    • Definition of Life Insurance Plan
    • Importance of Life Insurance Plan
    • Use of Life Insurance Plans

 

How to Invest in Life Insurance Plan in the Philippines

  • Is Life Insurance Plan Worth Getting in the Philippines?
    • Tips on How to Get the Good Deals 
    • Types of Life Insurance Plans You Can Choose From 
  • Why Should You Invest in Life Insurance Plans in the Philippines? 
    • Advantages and Disadvantages of Life Insurance Plans 
  • Is Life Insurance Plan a Waste of Money?
  • Who Should You Contact to Get a Life Insurance Plan in the Philippines?
    • Life Insurance Plan Providers 
  • How Much Does Life Insurance Plan Cost in the Philippines?

Conclusion








Introduction

 

We all value life to the point where we allot money for our expenses in the future. As Filipinos, money is hard to get, especially when life is testing our patience with bills on a daily basis. However, Life Plan Insurance in the Philippines allows us to secure some factors for our benefit when the time comes. 

 

People around the world tend to prioritize their funeral when they become “too old.” As a result, they spend more money than their allocated budget. Do you want to overspend? Or would you like to save and pay every month? It’s your choice, so feel free to weigh what you want, can afford, and other factors as well. 



  • Be Ready for Life’s Surprises

 

 

Life isn’t flawless like the ones we read in books where happy endings were made at the conclusion. We are all unique from one another, and we experience different things from the rest. Still, there is one thing we all share, and that is the reality of leaving one day. We all die, and that’s a fact. Maybe some of us believe in reincarnation, but still, we humans die in time. 

 

What do you think of life? Are you used to it? Or do you still get shocked whenever something happens? Life is full of surprises because anything can happen at any time. We may think that we can control everything around us, but we can actually control very few things. Nevertheless, we still should appreciate our lives and be amazed by the uncertainty. 

 

Eat what you like, go traveling with your family, or move to any country you’ve always wanted to visit. Focus on what brings you delight – not what brings you anxiety.

 

Life is full of surprises and serendipity. Being open to unexpected turns in the road is an important part of success. If you try to plan every step, you may miss those wonderful twists and turns. Just find your next adventure-do it well, enjoy it-and then, not now, think about what comes next.” says Condoleezza Rice. 

 

As humans, we must not allow the clock and the calendar to blind us to the fact that each moment of life is meant to be experienced and laughed at. Remember this; life is full of surprises, some good, and some not so good - just seize every moment with a laugh. 



  • Valuable Return of Investment 

 

As Filipinos, we’ve had mathematics subjects in classrooms, but we weren’t educated enough about Investments. Do you have a clear idea of what it is? Let us discuss it for you to understand! 

 

According to Investopedia, “An investment is an asset or item acquired to generate income or appreciation. Appreciation refers to an increase in the value of an asset over time. An investment always concerns the outlay of some asset today—time, money, or effort—in hopes of a greater payoff in the future than what was originally put in.” 

 

At times, we want our money to grow conveniently to benefit us in the future. It’s easy to think of ‘saving’ as investing, but there are other factors to know.

 

Savings is basically the starting point in investing because it provides the funds you need to purchase different assets. Without many, you can’t continue with availing. 

 

Unlike saving, investing goes one step further, which is to help you achieve your personal goals with various significant benefits. If you’re looking for companies to help you invest, hundreds of dependable ones are in the Philippines. To know which is to choose, consult with professionals to avoid losing money instead of investing it. 



Life Insurance Plan in the Philippines 

 

Life Insurance Plan is useful in the Philippines. When you accept death’s reality, you will come to realize that life is short not to save and invest. 

 

As early as now, consider having life plans as your personal take on Life Insurance Plans

 

  • Life Insurance Plan 

 

Let us discuss more about Life Insurance Plans in the Philippines. 

 

  • Definition of Life Insurance Plan

 

Investopedia specifies that the term life insurance, also known as pure life insurance, is a type of life insurance that guarantees a stated death benefit if the covered person dies during a specified term.



  • Importance of Life Insurance Plan

 

Imagine not being prepared about anything. Does the thought scare you? One of the most important aspects of being successful is to always be prepared for whatever situation that happens.

 

Very Well Mind mentioned that “human nature generally seeks to control the situations we encounter, but death remains something over which we have absolutely no control.” By getting a Life Insurance Plan in the Philippines, you could get a profitable return in the future. 

 

As humans, we should act thoughtfully and take appropriate precautions to minimize risks in the long run. Preparation allows you to avoid the build-up of stress and tension, especially with finances and death issues. 

 

  • Use of Life Insurance Plans

 

The use of Life Insurance Plans varies per company. If you want to know the whole plan itself, reach your chosen provider as early as today. After that, negotiate and choose what fits your will and budget. 



How to Invest in Life Insurance Plan in the Philippines

 

If you want to invest in a Life Insurance Plan in the Philippines, you might as well consider Life Plans while you’re at it! 

 

Life Plans are generally used by people worldwide to prepare for their future funeral plans. Instead of overspending, Filipinos have found a way to prepare what’s needed to be done by paying it steadily. Isn’t it convenient to pay for something monthly instead of spending every penny you have on the spot? 

 

For more information about Life Plans in the Philippines, you can give us a call or email us whenever you’re unoccupied. We’re available to answer your questions without a doubt! 

 

To know more about Life Plans, feel free to read the following articles to have a background. We’ve gathered all the information you should know about the matter. Check these links right away: 

 

  • A Complete Guide to Getting a Life Plan in the Philippines: 

https://www.goldenfuture.com.ph/news-and-articles/life-plan-philippines/

  • Check Out The Best Memorial Life Plans in the Philippines

https://www.goldenfuture.com.ph/news-and-articles/memorial-plan-philippines/



  • Is Life Insurance Plan Worth Getting in the Philippines?

 

Of course, it is worth getting a Life Insurance Plan in the Philippines. In life, preparation helps to direct and redirect the future. 

 

For example, if you were in need of a lot of money in the future, what would you do? You would save, right? Saving money is essential to stay focused on financial goals despite the constant change of situations around us.

 

To benefit from your money, you need to consider investing your money in Life Insurance Plans in the Philippines. Are you interested? If yes, then here are tips to get the good deals out there. 



  • Tips on How to Get the Good Deals 

 

  • Get a certain Life Plan Provider in your area. Life Plans are a great choice as your personal take for Life Insurance Plans. If you want, check out our deals right here: https://www.goldenfuture.com.ph/life-plan/

 

We offer Life Plans that are affordable and suited for your budget. Life Plans are paid monthly, quarterly, or yearly depending on one’s choice. When it comes to money, we need to spend it wisely rather than putting too much away. 

 

  • Getting a good deal on something is hard but worth it in the end. The second thing you must do after you find a provider is to ask! It never hurts to ask questions. Asking is not negotiating or haggling, it’s just inquiring. In that way, you could make a better decision based on what you’ve seen or heard. 



  • Types of Life Insurance Plans You Can Choose From 

 

There are different Life Insurance Plans in the Philippines for you to choose from. If you’re looking for one, don’t forget to search online. These plans are available for everyone to decide on without having to be physically present elsewhere. With the comfort of your own home, you can choose what insurance is right for you. 

 

All-State mentioned that “some people purchase life insurance to leave the death benefit as an inheritance to their loved ones.” If you love your family, consider solving the succeeding problem today. 

 

Get yourself a Life Plan package with the most dependable providers in the Philippines. Life Plans make financial sense; it will ensure that your funeral wishes are known. 

 

 At Golden Future, we offer plans for your convenience. Check these ones out: 

 

 

  • KAPILYA Life Plan (This plan is for Golden Haven Memorial Chapels and Crematorium Only)

 

The KAPILYA Life Plan covers the following: 

Full Mortuary Service

4-Day Chapel Viewing

New Metal Casket

Retrieval

Preservation Of The Body

Lightings

Hearse

 

KAPILYA Life Plan Price 

P 75,000 – 10% discount on Spot Cash Payment

Monthly – P 1,600

Quarterly – P 4,590

Semi-Annual – P 8, 800

Annual – P 15, 000

 

  • KAPILYA Plus Life Plan (This plan is for Golden Haven Memorial Chapels and Crematorium Only)

 

The KAPILYA Plus Life Plan covers the following: 

Full Mortuary Service

4-Day Chapel Viewing

Cremation With Marble Urn

4-Hour Use of Crematory Family Lounge

Metal Casket (Ceremonial)

Retrieval

Preservation Of The Body

Lightings

 

KAPILYA Life Plan Price 

P 74,000 – 10% discount on Spot Cash Payment

Monthly – P 1,580

Quarterly – P 4,530

Semi-Annual – P 8,680

Annual – P 14,800

 

  • DESTINY Life Plan 

 

The DESTINY Life Plan covers the following: 

Full Mortuary Service

4-Day Chapel Viewing

New Metal Casket

Retrieval

Preservation Of The Body

Lightings

Hearse

 

DESTINY Life Plan Price 

P 100,000 – 10% discount on Spot Cash Payment

Monthly – P 2,130

Quarterly – P 6,120

Semi-Annual – P 11,730

Annual – P 20,000

 

  • LEGACY Life Plan 

The LEGACY Life Plan covers the following: 

Full Mortuary Service

4-Day Chapel Viewing

New Metal Casket

Retrieval

Preservation Of The Body

Lightings

Hearse

 

LEGACY Life Plan Price 

P 210,000 – 10% discount on Spot Cash Payment

Monthly – P 4,470

Quarterly – P 12,850

Semi-Annual – P 24,620

Annual – P 42,000



  • KAIBIGAN Life Plan 

 

The KAIBIGAN Life Plan covers the following: 

Full Mortuary Service

4-Day Partner Chapel or Home Viewing Service

New Metal Casket

Retrieval

Preservation Of The Body

Lightings

Hearse

 

KAIBIGAN Life Plan Price 

P 55,000 – 10% discount on Spot Cash Payment

Monthly – P 1,170

Quarterly – P 3,370

Semi-Annual – P 6,450

Annual – P 11,000

 

 

  • TAHANAN Life Plan (This plan is for Golden Haven Memorial Chapels and Crematorium Only)

 

The TAHANAN Life Plan covers the following: 

Full Mortuary Service

7-Day Home Viewing Service

New Metal Casket

Retrieval

Preservation Of The Body

Lightings

Hearse

 

TAHANAN Life Plan Price

P 55,000 – 10% discount on Spot Cash Payment

Monthly – P 1,170

Quarterly – P 3,370

Semi-Annual – P 6,450

Annual – P 11,000

 

  • TAHANAN PLUS Life Plan (This plan is for Golden Haven Memorial Chapels and Crematorium Only)

 

The TAHANAN Plus Life Plan covers the following: 

Full Mortuary Service

7-Day Home Viewing Service

Cremation With Marble Urn

4-Hour Use Of Crematory Family Lounge

Metal Casket (Ceremonial)

Retrieval

Preservation Of The Body

Lightings

Hearse

 

TAHANAN Plus Life Plan Price

P 48,000 – 10% discount on Spot Cash Payment

Monthly – P 1,020

Quarterly – P 2,940

Semi-Annual – P 5,630

Annual – P 9,600



With these life plans, you could get the best take on a Life Insurance Plan. The fear of death and dying is expected, and most people fear death to such degrees. 

 

In fact, some researchers declare that young people fear death more than the elderly. Although it is understandable, thinking about Life Plans at an early age is necessary. 

 

The quicker you accept what life and death are, it will be more natural for you to prioritize what needs to be done. It is possible to break down our general fear of death when we know how things work around us. 

 

The fear of the unknown is terrifying, but we all know that death is imminent, like getting hungry in the morning, getting thirsty after a long walk, etc. After all, it is our human nature to crave for an answer and make sense of the world around us.



  • Why Should You Invest in Life Insurance Plans in the Philippines? 

 

You should invest in Life Insurance Plans in the Philippines because we have no power to know everything that will happen. Life can throw us unexpected things while we are busy with our own lives. You might think that paying for future expenses would be easy just because you have a job, but it’s not. Paying for serious matters is hard, especially when you’re unemployed.

 

  • Advantages of Life Insurance Plans 

 

ADVANTAGES

 

One of the main advantages of getting a Life Plan Insurance is the assurance that you will have the money for certain bills in the future. The adulting life will teach you that it is harder to pay for other expenses than the ones you usually spend on. By availing of a life insurance plan, you can financially guard your loved ones against the expected but unavoidable occurrences. 

 

Gateway Financial stated that “Life insurance plans offer several advantages not available from any other financial instrument.” Apart from that, they said that life insurance plans provide an infusion of cash for dealing with the insured’s death’s adverse financial consequences. 

 

In a simpler explanation, Life Insurance Plans can encourage those who are grieving your loss to address financial needs and worries during a challenging time. If you’re planning on getting one, there are plenty of opportunities in the Philippines. Make sure to choose what’s suitable for your budget. Lastly, always remember that you’re doing this for your future. 



  • Is Life Insurance Plan a Waste of Money?

 

The answer is a solid No. Life Insurance Plans have always been an excellent help to Filipinos. Since not everyone is financially blessed or was born privileged, Filipinos have to make an efficient and reliable decision to invest their money on something worth paying. 

 

Policy Genius stated that “The most obvious advantage of life insurance is also its practical purpose. Life insurance is the exchange of a relatively small payment each month for a considerable amount of money if you die.”

 

If you’re thinking about getting life insurance in the Philippines, they’re worth considering. Also, make time to check out Life Plans while you’re at it. Life Plans are an excellent help for people to get ready for the inevitable. At Golden Future, we want you to choose how you want to be remembered. 

 

Life Plans are affordable enough to fit most budgets of Filipino families. Depending on how many inclusions you need and want, you will be paying as little as P1,600 per month without the hassle. 

 

As of the moment, living for the present is essential to savor life. Still, considering your future without worries is as important. Most Filipinos don’t have plans for their future, and they become stressed when they are thrown with overwhelming obligations later on. With that, plan and save ahead to keep your mind on the right track. 

 

As Malcolm X said, “The future belongs to those who prepare for it today.”




  • Who Should You Contact to Get a Life Insurance Plan in the Philippines?

 

If you’re thinking of getting a Life Insurance Plan in the Philippines, consider availing a Life Plan package as your personal take on the matter. Making plans and committing to them will help you to avoid any pressure in the long run. The goal of making your family adjust to your loss will help you to cling to your commitment.

 

For more information about the Life Plans, you could give us a call at any minute. We’re more than willing to have a conversation with you. Check this link for further details: https://www.goldenfuture.com.ph/life-plan// 

 

As adults say, we only live once, so there won’t be a second chance to correct anything later on. We do live in real-time and what you’re doing now is the real thing. Having plans for yourself at an early age is never an easy thing to do. Still, if you wish to get more out of life, make decisions that will benefit not only yourself, but for your family as well in the future. 




  • Life Insurance Plan Providers 

 

There are plenty of Life Insurance Plan providers in the Philippines. If you wish to know every company, you can know most of the details online. If you’re willing, you could send us an email for an immediate answer. 



  • How Much Does Life Insurance Plan Cost in the Philippines?



Life Insurance Plans cost different per provider. If you wish to know how much they require you to pay, send an email or call them as soon as you’re available. Ask them questions, and do not be afraid to point out what you need to address whatever concerns you may have.

 

Conclusion

 

We hope that this blog has helped you to understand most of the information about Life Insurance Plans in the Philippines. If you want to know more about Life Plans, Life Insurance, Life and Death matters, etc., make sure to check out our blog section right away! We have provided you some details you should know to expect the unexpected.

 

People often tell us that they are anxious about what will happen when the idea of death comes to mind. They ask us what they should expect and process.

 

Each person's experience is unique, but everyone experiences the end of time. When we were kids, we weren't usually taught about things that involve death. Most of us grew by only learning the fundamentals of academics and what life is in general.

 

Although it is essential to be knowledgeable about life, we must also learn to understand how death works for us to prepare for it.

 

In this time, most people tend to waste their money on material things just to display their lives on social media. Although there is nothing wrong with enjoying life, would you be ready for death's consequences in the future?

 

When you die, there are lots of responsibilities for you to deal with. Thankfully, with the help of Life Plans and Life Insurances in the Philippines, you could breathe without depleting your energy. Consider having one upon reading this article!

 

 

 

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