If you have saved at least 5 years’ worth of your income, then you don’t need income protection. However, according to a study by the Central Bank of the Philippines, only 4 out of 10 Filipino adults currently have savings. And, on average, their savings will only last for 9 weeks.
The good news is, you don’t have to personally save 5 years of your income in order to secure your family’s future. Income protection products are specifically designed to give your loved ones a benefit that is equivalent to 300++ times your monthly premium. You can even enhance your plan’s coverage by adding riders. (Click here to see what riders are and how they can help you: http://bit.ly/IMPH-Insurance-Riders)
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