BDO Life Assurance Company Inc. is urging Filipinos to consider traditional life insurance as a critical tool for navigating an unpredictable economic landscape.
President Renato Vergel De Dios has highlighted the fluctuating nature of GDP growth, pointing to both challenging times like the pandemic and periods of economic prosperity.
He emphasizes the importance of having a “Plan B” to protect financial security regardless of the overall economic climate.
“The gap between projected and actual GDP growth indicates the need for breadwinners to have a financial safety net,” Vergel De Dios said.
“Families that lose their primary income source will encounter heightened challenges unless they have made adequate financial provisions.”
BDO Life positions traditional life insurance as a vital shield against these unforeseen risks.
Filipinos interested in creating their Plan B can visit BDO branches to consult with a BDO Life Financial Advisor.
Additionally, BDO Life offers an online tool called Get A Quote (GAQ), which allows users to design personalized insurance plans based on their financial objectives.
The GAQ tool can be accessed at www.bdo.com.ph/bdo-life/get-a-quote.
Backed by BDO Unibank, BDO Life has the largest branch network in the Philippines and provides a range of life insurance products that address protection, health, education, savings, retirement, and estate planning needs.
