Insurance

By jdbc
@jdbces (1845)
Philippines
October 25, 2020 10:58am CST
Hi, I would like to ask your opinion and experience about insurance: life, medical and educational. You don't have to name the company. I'm under this dilemma, but maybe about to say yes to my friend who is offering one Thank you. :)
10 people like this
10 responses
@ShifaLk (17817)
• India
26 Oct 20
In my country, life insurance is very popular. I think medical insurance is required
1 person likes this
@ShifaLk (17817)
• India
27 Oct 20
@jdbces oh yes then good.
1 person likes this
@jdbces (1845)
• Philippines
27 Oct 20
@ShifaLk Just having some reservations about it because there were insurance companies before that went bankrupt.
1 person likes this
@jdbces (1845)
• Philippines
27 Oct 20
Thanks! We have one from the national govt then from the company but this one's coverage is a lot better.
1 person likes this
@Nakitakona (56486)
• Philippines
31 Oct 20
Any insurance is important to everyone else. But consider the established one. I have two insurances and I do insure my wife and youngest son too. I was done paying its premium monthly for 20 years. And I received a big amount from its return if investment. Not only me but my wife and my son too received theirs.
1 person likes this
@Nakitakona (56486)
• Philippines
1 Nov 20
@jdbces My wife and I were married for 43 years. We do keep our married life faithfully as ever
1 person likes this
@jdbces (1845)
• Philippines
1 Nov 20
@Nakitakona That's really wonderful.
1 person likes this
@jdbces (1845)
• Philippines
31 Oct 20
Thank you so much for sharing about that. It made me feel more positive about it. Youre doing a great job prioritizing your family.
1 person likes this
@maximax8 (31046)
• United Kingdom
28 Oct 20
I have home insurance and I have car insurance. I have life insurance that I began paying in 2012. I had a fire in my kitchen in November 2019. My home insurance paid for the damage. It is worth paying insurance once a year rather than monthly.
1 person likes this
@jdbces (1845)
• Philippines
28 Oct 20
Thank you for the advice. Yes, house and car are already signed up. Now I am thinking about this new offers carefully because there were insurance companies before that went bankrupt and people weren't able to claim. About the fire in your kitchen, good thing no one got hurt and yes the insurance was a big help.
@maximax8 (31046)
• United Kingdom
28 Oct 20
@jdbces Is it cheaper to pay yearly rather than quarterly?
@jdbces (1845)
• Philippines
28 Oct 20
Those offers by the way have quarterly options too.
1 person likes this
@just4him (317041)
• Green Bay, Wisconsin
26 Oct 20
Medical insurance is the most important.
1 person likes this
@jdbces (1845)
• Philippines
26 Oct 20
Thank you for the tip, Valerie. :)
1 person likes this
@just4him (317041)
• Green Bay, Wisconsin
26 Oct 20
@jdbces You're welcome.
1 person likes this
@happylife1 (13404)
• Karachi, Pakistan
25 Oct 20
YES it may helps ...............
1 person likes this
@Yakson (94)
25 Oct 20
Insurance is the way forward. It's very helpful when you need it the most.
1 person likes this
@jdbces (1845)
• Philippines
26 Oct 20
Thank you. :)
@jdbces (1845)
• Philippines
26 Oct 20
@Yakson Thank you :)
@Fa_Maverick (9487)
• Australia
27 Oct 20
My ex didnt have any insurance and it made me extremely anxious about if something happened... I like having mine
1 person likes this
• Australia
28 Oct 20
@jdbces Very much so
1 person likes this
@jdbces (1845)
• Philippines
27 Oct 20
Yeah, I guess everyone really has different ways of thinking. Better to be safe than sorry.
1 person likes this
@allen0187 (58582)
• Philippines
26 Oct 20
Life, medical, and education in that order. I'm a licensed financial advisor so if you have any questions about insurance policies feel free to DM me. I'd be happy to help out.
1 person likes this
@jdbces (1845)
• Philippines
26 Oct 20
Appreciate it!
1 person likes this
@eileenleyva (27560)
• Philippines
28 Oct 20
I don't believe in insurance. I'd rather invest the money on some on-going productive undertaking. Or buy a lot, build a house to dwell in, and fill the home with memories. Insurance won't give you happiness that you can enjoy with your money today. Insurance only wants to get your money.
@jdbces (1845)
• Philippines
28 Oct 20
Thanks for the input. :)
1 person likes this
@jaboUK (64354)
• United Kingdom
28 Oct 20
If you have no dependents you don't need life insurance. Regarding medical - I don't know what the situation is in your country, but if the state doesn't provide it for free you should definitely get that.
@jdbces (1845)
• Philippines
28 Oct 20
Thanks for the advice. I am married now and has a child. Regarding medical insurance, our government only provides subsidy, not 100% covered. Thanks again!
@DianneN (247186)
• United States
25 Oct 20
Medical insurance comes first in my book, followed by car, house, and life.
1 person likes this
@jdbces (1845)
• Philippines
26 Oct 20
That's a good idea. Thank you, @DianneN. :)
1 person likes this