BDO Life, a wholly-owned subsidiary of BDO Unibank and an emerging leader in the life insurance industry, is offering Filipinos life insurance as a safety net as a contingency in times of crises such as the ongoing pandemic.
The Covid-19 pandemic has made Filipinos less carefree and more conscious of the need to make adequate preparations for their future.
In the last two years, many have realized that the security of having a successful business, a good job, a nice house, cars, and a happy family can easily be compromised during a crisis.
According to BDO Life, one’s education, income, business, investments, and savings make up Plan A. For Plan A to succeed, one will need to stay healthy, energetic, and alive long enough to complete these financial goals—but this is not always possible.
“Rather than leave the fate of your family to ‘bahala na,’ you, as the provider, can create a Plan B or safety net. A life insurance policy is the only financial instrument that will answer for your family’s expenses and emergency needs for a desired period of time, if you prematurely pass away,” said BDO Life.
It noted that, “With a Plan B in place, you employ the ‘bahala na’ attitude in the best sense: ‘Bahala na. May Plan B ako. Anuman ang mangyari, may sasagot sa pamilya ko!’ (I have a Plan B. Whatever happens to me, they will take care of my family.)”