Earning money is no easy task, that’s why it is important we take every chance we get to maximize our hard-earned cash and make it work just as hard as we do.
But where one should put his money if one has nary an idea where to properly put it? Ignorance often leads to lapse in judgement. Proper financial planning is vital to make sure your cash grows and goes to something valuable.
Bancassurance company BPI-Philam suggests investing your money in an insurance plan that safeguards you, your wealth, and your future at a budget-friendly premium.
“Life comes with its occasional uncertainties and it’s better that you’re prepared to handle those when they come up so you don’t dig into your savings in an emergency,” the company said in a statement.
Invest in insurance
For insurance beginners, Life Ready Plus is a great starting policy. It is BPI-Philam’s unit-linked product in the
for any Filipino looking to get started in securing the future. With it, you’ll get a two-in-one protection and wellness solution at an affordable P2,100 a month premium.
This policy is suitable for young professionals who are beginning to build their financial assets.
It provides you complete life protection coverage as much as 30 times the annual premium, which can help you and your loved ones during a time of need. You also get the option to add in riders, or additional benefits, to your policy to customize your coverage against life’s uncertainties, like accidents, hospitalization, or critical illness.
The policy runs for an appropriate term, meaning you have it as long as you need it.
Aside from funding your life insurance, it also allots a portion of your premium into investments so you’ll have wealth being built steadily the longer you keep the policy. This way, you get to grow your money without even having to think about how to do it.
Lead a healthy and active life
Another great thing about Life Ready Plus being in the Wellness Series is now, it’s integrated with Philam Vitality—a rewards-based wellness program designed to give you perks for being healthy. You can also get an upfront additional coverage of 20 percent in your insurance plan through the program.
First, you take a health and fitness assessment to determine your Philam Vitality age, or the difference between your actual age from your bodily age—the closer they are, the healthier you are. The program then evaluates your wellness route to help you bridge the gap between the two ages.
As you take steps toward being more active and reach certain goals, your Vitality Status gets higher. The higher your status, the more benefits you’ll have. Getting discounts to medical services, gym gear, memberships, and lifestyle services are all part of the total wellness package of improving both your financial and bodily health. You even get to receive up to 20 percent additional coverage in your policy in the succeeding years with no additional fee if you keep your body healthy.
Go to www.bpi-philam.com to know how you can make your money work as hard as you do.