MBLIFE 

MBLIFE – There’s been a quest in finding out what’s more important:

While both are smart choices in utilizing your hard-earned money, MB Life will help you how.

INSURANCE or PROTECTION?

Most people weigh the pros and cons of investment and insurance especially if the money which will be used is not enough to acquire both at the same time.

To help you realize what your priority is, let us first know the difference between an insurance and an investment:

What is an Insurance?

Insurance is a plan or policy that is aimed at protecting lives or properties. Insurance also comes in different forms:

Car Insurance

A car insurance protects you from the unexpected financial chaos that may be caused by an accident.

In the event of a road mishap, the insurance company can either cover the damage in your car or both vehicles involved in the accident, or provide for a replacement.

Life Insurance

A life insurance, on the other hand, protects the future of your loved ones in the event of your death.

When you are insured, you do not have to worry about leaving your family in a financial distress because the income for your beneficiaries is secured and guaranteed.

What is an Investment?

Investment, meantime, is when you put your money in a third party platform with the intention to make it grow.

Investment also comes in different forms:

Real Estate Property

Real estate is an immovable property that you acquire when you want to invest.

Investing in real estate properties is a smart choice when you have money to buy lands and properties because the value of these increase annually.

Bonds

One of the most common forms of investment is bonds.

When you purchase a bond, you lend your money to the government or a company in exchange of an interest.

While this is a safe way to invest, it generates low returns.

Stocks

Owning stocks equates to having a “share” in that company. Purchasing a stock in a public-listed company entitles you to that company’s profits and earn dividends.

There is a higher risk in stocks, though. However, you can also earn high in the market through stocks.

Mutual Funds

Mutual Funds is a combination of bonds and stocks.

You can pool funds with other investors through this platform to seek the help of a professional investment manager.

This professional will help you select what to buy.

What Should You Get: Insurance or Investment?

Before finally deciding what to get, you must first consider the following:

✓ Identify What You Need

MBLife –  First, identify what you need today while considering the future. An insurance takes care of your needs in the event an unexpected mishap happens to you.

It also secures the future of your family in case of your death or you become unfit for work.

Meantime, an investment will help you make your money grow.

Compared to keeping your money in a bank, investing it will give you higher chances of profit.

This in turn may help you reach your financial goals.

✓ Weigh Ownership

MBLife – You are entitled to your investments be it a real estate property, a stock, or mutual funds.

Life insurance, on the other hand, may cease if you stop paying your monthly premiums.

You lose the insurance coverage if you cut your premium payment short.

You can also sell your lands, house and lot, stock shares, mutual funds or bonds.

Life insurance, meantime, cannot be sold.

✓ Consider Experts’ Advice

MBLife – When in doubt, consider listening to experts. Today, webinars are offered by experts in their chosen field.

The insights that you will gain from listening to these webinars may help enlighten you into choosing what best for you.

Choosing between an investment and insurance seems to be a crucial decision to make.

There are pros and cons in both and you have to take into consideration various factors.

In the Philippines, there are several platforms by which you can invest and have insurance.

If you plan to invest in real estate properties, there are hundreds of real estate companies that offer their properties in different terms.

They can also be easily reached through their website, so scheduling an appointment would be easy.

Should you wish to invest in the stock market, there are also a number of different platforms available.

These platforms serve as the median between you and the stock market.

You can easily open a stock account through these platforms and start investing.

With a minimum amount of Php 5,000 you can already buy stocks, mutual funds or bonds.

There are also various life insurance companies in the Philippines today. Since these firms realize people’s varying preferences especially when it comes to money talk, life insurance policies have become versatile too.

Life insurance companies also offer life insurance coverage with a savings component like the one offered by Manila Bankers Life Insurance Corporation.

Manila Bankers Life Insurance Corporation, also known as MBLIFE, has been around in the Philippines since 1967.

Since its establishment, the company tirelessly looked for ways on how their services can be improved.

MB LIFE offers different types of policies that clients can choose from.

They have a policy called MBLife Money Saver which offers life insurance and savings in one.

This kind of policy includes numerous cash benefits and return of investment. You are also guaranteed ensured for a lifetime even if you pay for only 5 years.

A policy that will cover income replacement, return of investment, and memorial fund is also available through the MBLife Life Saver policy.

With this policy, you will feel physically and financially secured.

Manila Bankers Life Insurance not only offers life insurance for individuals, they also cover group coverage.

With their Group Life Insurance, employers can now insure their employees and make sure their workers as well as their families are accounted for.

The packages can also be customized to best suit the needs of their employees.

Whatever you choose – be it an investment or insurance, keep in mind the factors that you have to consider. Both can be beneficial and fulfilling anyway.

At the end of the day what’s important is you use your hard-earned money wisely.