Who Needs Life Insurance?

July 27, 2018

Life insurance allows you to sleep well at night knowing that you and your loved ones are protected from the unexpected. No matter what your status in life is as long as you have people you care about, you need life insurance.  

If you are young and single and have no financial obligations nor children, you may think that getting a life insurance is not necessary. This is actually the best time to get an insurance because your premium is still low and by the time you have financial obligations and people that depend on you, your insurance is already paid up and your family is already protected. Don’t wait until your responsibilities grow bigger. Invest while you are still young and able. It doesn’t only give you cheaper premiums but also higher coverage.

If you are already married and have your own family, the more you need to have life insurance because you already have people depending on you. There is no such thing as over protection, so if you already purchased one many years ago, it’s time to reassess your family’s lifestyle  because you might need to add more coverage for your growing family and children’s future.

As a breadwinner, you aim to provide everything for your family. Buy them a house, car, send your children to a good school, and give them a comfortable life. But what if something happens to you? Who will pay off your mortgage and continue to provide for your loved ones? You don’t want to pass on the burden to your family that is why you need to plan ahead, be worry-free and ready when challenges come up.

Life insurance gives your family financial protection that would save them from debts and provide assistance for their day to day living.

Good news! Paramount Direct offers affordable life and accident insurance products that can help replace the loss of future income. Golden Life Advantage Plan and Guaranteed Life Plan are available for individuals from 40-75 years old.

Pay for 10 years and be protected until age 99 with Golden Life Advantage Plan. Premium starts at Php413 per month.

Get a protection until age 100 with Guaranteed Life Plan, payable until age 85 with an added Terminal Illness Benefit. For as low as Php151 per month.

You deserve to live a life with freedom and peace….Think and plan ahead.

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