Okay, with the floods having subsided in most parts, these tips may come too late now, but better to keep it handy for next time. Tips courtesy of Mapfre Insurance 1. For safety reasons, it is not advisable to approach a vehicle that is completely submerged in water. It is best that the vehicle owner wait for the flood water to subside before approaching the vehicle. 2. Under no circumstances must the vehicle owner attempt to start or run the engine of a submerged vehicle. There is high possibility of contamination of fluids/lubricants in the engine, ... Continue Reading...
Typhoons Ondoy & Pepeng show the importance of buying insurance, especially for Acts of God
Correct me if am wrong, but paying either life or non-life insurance isn't a concept most, if not some, Filipinos take to. Perhaps, it's our sense of fatalism, or feeling invincible, or simply not having the budget to pay extra when it's more urgently needed for school fees and other necessities. Some only take on insurance because purchase of their house or their car is funded by the company they work for. I had this belief myself, until approaching old age led me to think about the future of my children and other ponderable "what if's......." A little savings, ... Continue Reading...
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