Essay About Life Insurance

727 Words3 Pages
"Life is like a coin. You can spend it anyway you wish but you only spend it once," Lillian Dickson said as she is pertaining to life and how you would spend it. We may know it but, are we sure about our life? About the wheels that make us go round and round but doesn 't have any idea when will it stop? The sad question we all behold is that... Are we happy about how we achieve our life as well as the financial goals that we have without assurance? People started “Life insurance” before as simply passing the hats to people, commonly known for us Filipinos as “abuloy,” when one of our close relatives or friends passed away. This tradition became one of the practices in the Philippines, still, this way of giving allows our fellowmen to learn…show more content…
As we strive harder, our life span gets shorter. Life in this world is very trickery and risky. According to Philippine Life Insurance Association Inc. (PLIA), there are three (3) risks: The premature death, Disability, Old age. These risks scared us when things happened in unexpected ways, leaving behind our loved ones. And with this, life and insurance, when combined together is our history, our treasure that we 'll leave in the course of time. Life insurance is an integral part in our personal life plans. The lesser worry we have, the higher rate of joy we gain. Life is a cycle we can’t stop, a cycle where children will have a good quality of education, and parents will not worry for the remaining debts and exterminating taxes. Therefore, Life Insurance enables us to meet economic needs, wants, and goals. Life Insurance would be the most crucial, and yet the safest way to protect and ensure the future, and to uphold the way your family live regardless of the circumstances. Also, it can be very imperative in many ways, referring to different advantages it can give: family protection, savings, and retirement…show more content…
What would happen in the family of the 89 % stated that they will not survive nor sustain their standing in society when the breadwinners in their families die? This is the very wheel of life insurance. It provides assistance that eases the financial burden of families in case uncertainties happen. Furthermore, it secures the family’s income in paying or reducing or even exterminating debts. Life insurance protects the loved ones. It is a “dream catcher.” It is a financial tool in reaching goals. While working, your life insurance is also investing. According to PLIA, only 27 out of 100 people goes to college. This reality pushes us to create a life changing plan through the use of life insurance. Goals are possible when zones towards them are visible with Philippine Life Insurance, Inc. Life insurance is not just a simple insurance. It will let you dream bigger, think wider and hope higher. Inflation of success results from your today’s effort of planning. Let yourself feel the happiness while creating and saving. Your company, the Philippine Life Insurance Association said, “Life Insurance is bought not because people have to die, but because people have to go on living.” It’s time to revolutionize the horizons of our minds about Life Insurance. It’s time to equip ourselves with wisdom. Thank you Philippine Life Insurance Association, for letting us – the youths – know that
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