Protection
Put yourself at ease by protecting those you love
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{{label}}03 February 2021
The topic of insurance can be quite technical. The terms used are specific in their meanings, and you need to understand them in order to know what you are–and what you're not–entitled to.
Whether it is your first time to encounter these terms or you simply need a refresher, here is a list of commonly used words in insurance and what they mean.
Availing of insurance is not just a financial concept. It also creates a legal obligation between you and your insurance company to abide by the agreements listed in the policy. More importantly, it creates an expectation of protection for you and your family. When you know the meaning of each term in your insurance plan, then you gain a full understanding of what the policy entails.
Ready to start securing protection for your future? Get in touch with one of our Bancassurance Sales Executives by filling out this inquiry form today.
You can buy a life insurance at any BPI branch nationwide! Talk to a bancassurance sales executive now!