Photo Courtesy: AIA
“Getting life insurance means you’re putting the “I love you” phrase into motion.” –anonymous
February is love month. Valentines’ Day is considered a special occasion to celebrate your love with that special someone. This comes in various forms, shapes and sizes. Some shower their loved ones with expensive piece of jewelry, a beautiful bouquet of flowers, or a fancy dinner date while others go for a much simpler celebration.
The last time I was in the US, I learned that in their insurance world, they have declared the month of St. Valentine’s Day as “Insure Your Love” month, a campaign created by an organization called Life Happens, to remind everyone that buying life insurance to protect the important people in your life is an act of love. After all, the main reason we buy life insurance is because we want to make sure that the people we love are financially secure and protected when life’s uncertainties happen. By giving them financial stability, life becomes more about their dreams and aspirations rather than struggles and survival.
And they could have not chosen a better month to promote the Insure Your Love campaign as there are several connections between Valentine’s Day and Insurance.
Life Insurance & Love – I cannot think of a better way to show love and concern than by securing our loved ones’ financial future. We work so hard to provide for them and give them the best, whether we are around or no longer in the picture. We want to continue providing food on the table, roof on their head, quality education, etc, even in our absence. Life insurance provides a safety net against life’s tragic twists and turns. It’s purpose is to help our loved ones continue to have a financially comfortable life, as if we are still around providing for them. As often said, we get life insurance not because we have to die, but because our loved ones should continue to live… comfortably.
Property Insurance and Peace of Mind – Death and injury are not the only reasons for our financial woes. Losing a property to catastrophic events such as typhoon, earthquake, fire, etc., causes a major financial burden . Some of us have personally experienced or know someone who have experienced losing, in just few minutes, everything that we’ve worked hard for as a couple. It’s emotionally, psychologically and financially stressful to lose and rebuild our properties. You may be alive but it feels as if you’re already dead. Property insurance can provide the funds that will enable you to recover and rebuild sooner. We may not be able to prevent or avoid them, but by taking out one this V-Day, we can prepare and have the peace of mind knowing that we are capable of immediately rebuilding our family’s lifestyle, if and when such tragedies strike.
Health Insurance & Care – We live in a very stressful environment. No. matter how careful we are, sickness and accidents happen. Recently, the age group of those getting seriously ill is getting younger. Considering the current state of our health care system, getting sick and hospitalized is a very serious concern of every Filipino family. It often results to either having our life savings wiped out or getting into deep financial debts. Loving equates to taking care of each other, and that includes health and well-being. Ensuring your loved one is covered with medical and health insurance will help ease the burden of the expensive hospitalization and treatments. With health and medical protection, we show our care and concern by removing from our loved ones the financial stress and anxiety and enabling them to focus on recovery instead.
Retirement Insurance & Comfort – Even when we are all old and grey, we all want a comfortable and burden-free life for ourself and our spouse. But let’s be mindful that our children are not our retirement plans. Good if they can provide for us, but we cannot take it against them if they can’t… and won’t. If we love our children, then we should free them from the responsibility of taking care of us in our retirement. Having an adequate retirement plan will empower us to be financially independent and self-sufficient retirees, who can provide for our own needs and wants. And even have some extras to give away. A well thought of retirement is not only our gift for ourself but also an expression of our love for our spouse and family.
Education Insurance & Legacy – All parents want to give a lasting legacy to our children. But not all parents have the wealth and fortune to pass on. For most, education is the best inheritance they can give to their children. It is the best way to give our children better chance in life. But without proper preparation, life’s uncertainties can derail our plans for our children’s education. Having an education insurance program is very important so parents like us, can ensure that no matter what happens, our children’s education will not be compromised. Providing them the tool for a good head start for the future is a lasting proof of our love.
Jewelry Insurance & Romance – Heart’s Day is usually the time to pop those “Will You Marry Me” and “I do” phrases. To celebrate these moments, giving expensive engagement and wedding rings and other fine jewelry between couples is customary. Now, this one is not common but Jewelry Insurance in the Philippines protects your prized possessions against theft, loss, and damage. Coverage can be added to homeowners’ policies or bought as standalone policies. An insured ring/jewelry allows you and your partner to focus and enjoy the romance, and not worry about the risk.
It’s not only flowers and chocolates that make V-Day romantic. With insurance, you can keep still make it about love and romance while providing financial security and protection.
