03/01/2025
Do not let your policy LAPSE, because of increasing financial responsibilities. The greater your responsibilities are, the more protection you will need. Thus, you and your loved ones need the protection your policy provides.
Lapsed Policy?
All of the benefits of a life insurance policy become null and void if you let the policy lapse by not paying the premium. This can leave your family vulnerable. Luckily, a lapsed life insurance policy can be reinstated, if you act within a certain timeframe.
When reinstating, pls be reminded na balik 0 tayo sa contestability period. So sayang if nakatapos ka na ng 2 years, then your policy lapsed, bilang na naman ng another 2 years.
This is why itโs so essential to settle the life insurance policy on time. ?
A Lapsed Life Insurance Policy is a broken promise to yourself and your loved ones. ?
If you love someone do not break your promise.
Kapag dumating ang panahon na magtatanong ka na kung bakit puro bayad na lang ang ginagawa mo, please go back to your deepest WHY's. Bakit ka kumuha ng plan in the first place? To protect a family, income protection, retirement funding, educational funding, etc.
At the end of the day, be thankful kasi hindi mo pa siya gagamitin agad, pero in case the unfortunate event happens, youโll be glad dahil covered ka.
Do not lapse a life insurance policy...
ILABAN natin policy mo, kapit lang! โฅ
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