Who Should Pay for Your Life Insurance?

Life insurance is a funny thing. It has to be paid for whether or not it has to be bought.

If you buy the Life Insurance your family needs, then you pay for it now a little at a time. You will simply have to exert a little more effort in budgeting by spending a little less here and there and watching out for unnecessary expenditures.

HOWEVER, if you do not pay for your life insurance today, then your family will be the one to pay for it someday. At this point, the price may be rather steep since they will be paying for it by the things they would have to do without - the schools they would no longer be able to attend - the parent's attention which would no longer be there since s/he would have to work extra hard in order to make ends meet.

A little bit now, or a fortune in lost opportunities in the future. It's your choice...

Dom's Note: This came from a pamphlet prepared by Manulife Philippines. Most people do not realize the value of getting insured because they do not see themselves dying. But death is unavoidable. Either you die free or die with pay - through life insurance in the Philippines or elsewhere.