How does life insurance strengthen the foundation of my family?

“We’d rather be completely exhausted from the hard times which breed success than well
rested from getting nothing”

Life insurance is a contract between an insurance policy holder and an insuer or assuer,
where the insuer promise to pay a designated beneficiary a sum of money in exchange for a
premium, upon the death of an insured person (life insurance). It is a stepping stone towards a
dream to come true. As I have learned from the past seminar” you can be able to get what you
want if you learn how to save money at a time.

Bridging today’s generation gap, youth nowadays don’t have the sense of direction on
how to spend time, effort, and money for their desired thing they want to get. Life insurance is
the answer, through, it provides financial cover should the unthinkable happen, enabling youth to
be secure in the knowledge that their dependants could receive a cash lump sum if they were to
die (life insurance). It helps you reach your goals by investing from time-to-time to your
neighbors. Thinking about loans, life insurance has been surely help that particular problem.It
can add up your personal needs and wants which you can use for your future life. Cash, cars,
home and even hospital bills, life insurance is the answer.

Mr. Sumayan’s story about life insurance was a successful one. As I have asked
him,”what are your struggles in terms of loans or financial investments? His answer was this” by
the time when I get attached to money, I was straight investing loans, it was 4 years ago but it
really helps my family ang myself”.

Life insurance is the only prove that in particular shouyld take care not to overlook life
insurance as it can help to insure the property is paid for uponm death, alleviating the propertyis
paid for upon their death, any financial burden and may even provide financial security for loved
ones (Rose R.Brown).

When in terms of youth’s financial needs, life insurance is still the answer. However , it
prosperes at the right time and at legal age, you can invest to copmpanies or make a loan from
others. In line with that, their money will groe and they can even invest to bigger people or to
start a business.

If I die, why do I need money?You don’t but your family or business might (Life
insurance). “A policy of life insurance is the cheapest and safest mode of making a cerrtain
provision for one’s family”. No Mtter what your age you are in life, life insurance is definitely
something to add to your overall financial potfolio.

It is essential to ensure that you and your loved ones continue tobecause in the face of
any unforeseen circumstances. It also helps in deciding what your short and long term financial
goals or going to be and how to go about aschieving them. It can make you rich someday. Life
insurance can make big money in needs. Things unplanned would surely be happen if you invest,
or save money on to financial advocacies.It will boost your confidence on how to earn a daily
income and well-spend money from parents and relatives, Study of life insurance philippines
shows that number of Filipinos who constantly stick anmd investing insurances are 8 out of 15.

“A man who dies without adequate life insurance should have to com back and see the
mess he created” (Will Rogers).

Start your life right now. Planning well safe guards not only your future but also that of
your love ones, especilly for the youth today, giving you peace of mind and provides for your
future life insurance (life insurance).

JEREME CASTRO 11-A HUMMS