How Much Is Life Insurance In The Philippines?
37376 POINTSview profileDavid G. Pipes, CLU®, RICP®Business Development Officer, T.D. McNeil Insurance Services, Fresno, CaliforniaLife insurance is based upon the same principles regardless of where a company is doing business. The first factor is age, the second factor is health, the third is occupation, and these and other factors combine to produce a rate. The rate is then applied to the amount of coverage that you desire. Whether the death benefit is going to be in Pesos, Dollars, or Lire, the same basic principles are at work.Answered on May 7, 2014flag this answer
3998 POINTSview profileMatt BenoreFounder, DenverWest Insurance Professionals, Inc.,The cost of Life Insurance in the Philippines will depend on what type of Life Insurance you are looking for. Term, Whole Life or Universal Life. First, I would recommend contacting an agent who can write Life Insurance in the Philippines. The cost should not be too far off of what you pay in the United States however there may be some different ratings which I am not aware of. I can refer you to an agent if needed.Answered on May 7, 2014flag this answer
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