Financial Freedom

The Importance of Life Insurance to OFW's

Do you currently work abroad? Or do you have a family member, a relative or friends working overseas? Let's discuss about how vital for you/them to have a life insurance policy.

Working abroad, in its own sense, is already a risky decision. Aside from the fact that you or they sacrifice a lot just to make sure that you/they provide a comfortable life and brighter future for their families, the danger of any unfortunate events may happen, especially if it happens in other place than the Philippines.

See the most likely dangers our modern heroes face when they are working overseas:

1. Seaman / Seafarers / Flight Crews - They risk their lives from pirates, sea storms, possible sea collisions and other sea accidents. They have one of the most dangerous jobs in the world, hence they deserved to be insured.

2. OFW / OCW / Housekeeper - The risk of accident, maltreatment (leading to hospitalization) or even death by the hands of your/their 'amo' (we've heard a lot of these).

3. Healthcare Professionals/Doctors/Nurses - Aside from accident, there is a danger of getting infected with disease.

4. Office Jobs / Clerk / Other Jobs - Accident, danger of losing job, danger of being illegally recruited, among others.

Along with buying a new house and car, an OFW, seafarer, a nurse, etc. should have availed a life insurance or educational plan so that in the event that something happens to him, his family’s future is SECURED. You don't want all your sacrifices be in vain. 💛

CTTO