13/05/2026
๐๐๐๐ฉ ๐๐ง๐ ๐ฉ๐๐ 3 ๐๐ฃ๐จ๐ช๐ง๐๐ฃ๐๐ ๐ฅ๐ค๐ก๐๐๐๐๐จ ๐๐ซ๐๐ง๐ฎ ๐ฅ๐๐ง๐๐ฃ๐ฉ๐จ/๐๐ง๐๐๐๐ฌ๐๐ฃ๐ฃ๐๐ง๐จ ๐จ๐๐ค๐ช๐ก๐ ๐ก๐ค๐ค๐ ๐๐ฉ?
1) ๐๐๐๐ ๐๐ฃ๐จ๐ช๐ง๐๐ฃ๐๐
Because you're guaranteed to die. When you die, it will cost money.
Do you want your spouse and kids to beg, endure, and lack in comfort and needs or do you want to put them in a financially well position even when you're no longer around?
Recommendation: basic computation is annual income x 10
2) ๐๐ฃ๐๐ค๐ข๐ ๐๐ง๐ค๐ฉ๐๐๐ฉ๐๐ค๐ฃ ๐๐จ๐ช๐ง๐๐ฃ๐๐ (๐๐ง๐๐ฉ๐๐๐๐ก ๐๐ก๐ก๐ฃ๐๐จ๐จ, ๐๐๐๐๐๐๐ฃ๐ฉ, ๐๐๐จ๐๐๐๐ก๐๐ฉ๐ฎ, ๐๐ค๐จ๐ฅ๐๐ฉ๐๐ก๐๐ฏ๐๐ฉ๐๐ค๐ฃ ๐๐ฃ๐จ๐ช๐ง๐๐ฃ๐๐)
People will say it won't happen to them. That it's not gonna happen to them until it happens to them.
1 in 5 people will develop cancer in their lifetime. Strokes happen. Kidney failure. Accidents happy daily. Disability decreases your income-earning capabilities.
Now, your bills wont stop becasue you cannot work. A big lumpsum cash from your income protection plan will definitely help you get well at the same time, still pay for your bills.
Recommendation: basic computation is annual income x 5
3) ๐๐๐๐ก๐ฉ๐ ๐๐ฃ๐จ๐ช๐ง๐๐ฃ๐๐
One hospitalization can wipe out years of savings.
Health insurance helps shoulder these expenses so you donโt have to rely entirely on cash, fundraising, or worst, loans- no one would want to carry the burden of medical debt.
Recommendation: mediical coverage of at least P500,00 - P1,000,000
๐๐ฃ๐จ๐ช๐ง๐๐ฃ๐๐ ๐จ๐๐ค๐ช๐ก๐ ๐ฅ๐ง๐ค๐ฉ๐๐๐ฉ ๐ฎ๐ค๐ช๐ง ๐ก๐๐๐, ๐ฃ๐ค๐ฉ ๐๐ช๐ง๐๐๐ฃ ๐๐ฉ. ๐ฝ๐ช๐ฎ ๐ ๐ฅ๐ก๐๐ฃ ๐ฉ๐๐๐ฉ ๐ฎ๐ค๐ช ๐๐๐ฃ ๐จ๐ช๐จ๐ฉ๐๐๐ฃ. ๐ฟ๐ค ๐ช๐ฅ๐๐ง๐๐๐ ๐๐จ ๐ฎ๐ค๐ช๐ง ๐๐ฃ๐๐ค๐ข๐ ๐๐ฃ๐๐ง๐๐๐จ๐๐จ ๐๐ฃ๐ ๐ฎ๐ค๐ช ๐๐๐ฉ ๐๐๐ฉ๐ฉ๐๐ง ๐ฌ๐๐ฉ๐ ๐๐๐ฃ๐๐ก๐๐ฃ๐ ๐ฎ๐ค๐ช๐ง ๐๐๐ฃ๐๐ฃ๐๐๐จ.
