Category Archives: Insurance

Estate Planning and Life Insurance, part 3

… conclusion. For some reason, and despite the obvious importance of taxes in the daily operation of the state, it has exempted life-insurance proceeds from the ambit of tax laws, save for some exceptions, of course. Our Tax Code recognizes … Continue reading

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Estate Planning and Life Insurance, part 2

…con’t. Christianity has modernized our mystic concept and infused it into our laws. “Birth determines [legal] personality. Death extinguishes it.” You, as the owner of the estate, may be about to leave this mundane world, but your legacy may be … Continue reading

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Estate Planning and Life Insurance, part 1

Many Filipinos are unaware of estate planning. Many would have vague ideas of what estate planning is, and to those who do, they would automatically associate estate planning with inheritance taxes. For those who do some form of estate planning, … Continue reading

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Ondoy and insurance

Insurance has been something people felt they do not need. The Philippines is one country that is severely under-insured in both Life and Non-Life (Property & Casualty). Insurance is still the best tool for risk management by virtue of a … Continue reading

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Understanding Motor Car Insurance, part 2

Here’s the conclusion of my car insurance blog… 3) Acts of God (AOG) – Hmm, I really think insurers should start changing this terminology! Oh well, AOG is a protection against perils from the natural forces like storms, flooding, lightning, … Continue reading

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Understading Motor Car Insurance, part 1

When you buy a car, getting a car insurance is as automatic as night turning into day. Getting a comprehensive coverage, however, is another story. Considering the population of motor vehicle owners, a small portion of the pie understands the … Continue reading

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