Understanding the deeper “why” when buying insurance gives us the sense of purpose that would allow you to continue keeping your policy in force. The most basic computation for income protection coverage in case of death is annual income X number of years of support needed. There are different types of insurance products that can help you based on your needs and budget. For some people, the company they get insurance from is a big factor when buying insurance. Whatever reputable insurance company you choose, the financial advisor representing the company is a major factor in buying insurance.

Source: Manila Times June 13, 2020 16:30 UTC