5 Reasons Why You Should Get InsurancePeople often disregard the need for insurance
but did you know that it’s something that should always be included in your
monthly budgeting and expenses?Let’s first talk about the meaning of
insurance. Investopedia defines insurance as a “contract,
represented by a policy, in which an individual or entity receives financial
protection or reimbursement against loss from an insurance company.” This means
that you as the Insured will be able to get financial assistance from FPG
Insurance should anything happen to you that is covered under your policy.But why do you need a policy to begin with?
Well, here are 5 reasons:
It lets you
plan ahead
Buying insurance
allows you to worry less should anything unfortunate happen. The purpose of an
insurance policy is to provide you with financial assistance in time of need
provided it is under your coverage and will help you and your loved ones get back
on your feet.
It lessens
your stress
We all know how
stressful unforeseen circumstances are. Nobody likes having their savings
touched when something comes up. But with an insurance policy, your incurred
expenses would be reimbursed by your policy’s schedule of benefits.
It is
compulsory
Some countries
require insurance. In the Philippines, the Land Transportation Office, or LTO,
mandates all motor vehicle owners to have Compulsory Third-Party Liability
(CTPL). CTPL provides the Insured cover from any liability against bodily
injury and/or death to any third-party individual.
It gives you
peace of mind
Worrying about the
future can often lead to anxiety. Having insurance allows you to have peace of
mind and enables you to look towards the future without having to think of the
what-ifs.
It leaves
your legacy behind
Anything can happen
within a blink of an eye and while we don’t want anything unfortunate to
happen, you can take comfort in knowing that you will be leaving your loved
ones with financial aid to help them move forward with their lives.
Insurance can be a daunting concept especially
when the more technical terms get involved. So be sure to take the time to
research and identify what it is you really need. As an insurance company, FPG
Insurance offers non-life insurance products like Personal Accident
Insurance, Home Insurance,
Travel Insurance, and Motor Insurance that can
provide you and your loved ones comprehensive cover.
FPG Business Operations Schedule starting June 15, 2020As mentioned in our advisory last week, we have resumed operations of critical functions with a skeletal workforce in our select offices and branches. In addition to this, our RBG offices (with the exception of OMMA Makati) will likewise resume operations with a skeletal workforce starting June.
FPG Insurance's Client Service in the time of the Enhanced Community Quarantine.The on-going global pandemic COVID-19 has widely interrupted all businesses and industries and has fast-tracked the need to shift to remote business operations and digital delivery of products and services. Despite the business disruption brought about by the pandemic, FPG Insurance is proud to share that we have enabled about 80% of our employees to work from home throughout the various quarantine stages. It is because of our concern for our partners and staff that we have been able to quickly mobilize our business continuity plans in order to maintain the positive and digitally-enabled experience that our valued clients deserve. At FPG Insurance, we proudly embody our core values of integrity, respect, accountability, courage, and the need to be results-oriented in everything that we do. We not only aim to give peace of mind to our clients but to our dear partners and staff as well.Since March 16, FPG Insurance has catered to more than 1,000 transactions ranging from customer inquiries to product information, to claims and policy renewals over our various servicing channels, including our social media and website channels. We have also assisted clients with over 250 non-motor claims, 500 motor claims, and more than 300 requests for our 24/7 Roadside Assistance service.Now that majority of the country has shifted to General Community Quarantine, we will slowly open our branches to serve you and a separate advisory will be issued on this. Rest assured, stringent safety measures have been put in place in order to help protect our dear clients, partners, and staff against COVID-19 and to easily adapt to what we now consider to be the “new” normal.For customer concerns, you may contact us through the following hotlines at: (+632) 8859 1200, (+632) 8862 8600, (+632) 8771 8500,(+632) 7944 1300 and (+632) 7944 1300 . You can also send us an e-mail at [email protected] thank you for your understanding and continued support in this great time of need.
Work From Home Advisory – CDO, Davao, Iloilo BranchesFollowing the recent declaration from respective provincial governments, please refer to our advisory for our Work-From-Home arrangements for our Cagayan de Oro, Davao, and Iloilo branches.
Business Continuity Advisory – Bacolod, Cebu, Davao, CDO, Iloilo, and General Santos City BranchesIn support of the Government’s Community Quarantine and Stringent Social Distancing measures to strengthen the precautionary and control actions in preventing the spread of Covid-19, and to ensure the safety and wellbeing of our employees, our management team has decided to shorten our business hours to 8:00AM to 3:00PM daily beginning today, 19 March 2020, until further notice.