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There's more to life insurance than a contract that protects your family when you die. Depending on the type of insurance policy, it can be tapped for cash during a rough financial patch, sold when it is no longer needed or provide money for your heirs.
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Waiver of insurance claims filing expanded to P10,000
THE Philippine Deposit Insurance Corporation (PDIC) has expanded the coverage of the waiver for filing of deposit insurance claims for small depositors from P5,000 to P10,000. In an advisory, PDIC said it would no longer require the filing of deposit insurance claims for depositors with balances of P10,000 and below to ensure that more small depositors will benefit from the expeditious payment ...
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