Cebuana Lhuillier Insurance arm strengthens Fire Prevention call, mounts webinar with BFP

The damage of getting your house razed by fire is insurmountable; fires at home can break out anytime and anywhere and can damage livelihood, household appliances and more. In 2018, the Bureau of Fire Protection (BFP) recorded a total of 14,316 incidents of fire from January until December.

This is why every March is Fire Prevention Month in the Philippines, and BFP’s campaign for this month is safety consciousness among our people every day of the year as a positive preventive approach to a problem that can be solved by more caution, vigilance, sobriety, exercise of common sense and respect for the law.” It is a campaign that focuses on exercising vigilance at home and keeping oneself knowledgeable on the best way to protect your home and family from destruction brought about by fire.

“Cebuana Lhuillier has always committed to be of help to the Filipinos at all times, and our call for Fire Prevention is a reflection of that, our insurance products that aims to keep our clients protected at all times is a complementary effort to our advocacy for this month.” said Jean Henri Lhuillier, President and CEO of Cebuana Lhuillier.

PJ Lhuillier’s insurance arm, the Cebuana Lhuillier Insurance Brokers, Inc (CLIB), has also expressed its support for BFP’s campaign through the years. It has been a staunch advocate of having Filipinos insured, posting almost a 35% contribution to the total number of insured Filipinos through microinsurance. CLIB has also worked together closely with the Insurance Commission in promoting microinsurance in the country, they have settled over more than 5,300 million claims worth over Php 500 million they have serviced over 16,500 claimants. Cebuana Lhuillier Insurance Brokers’, Inc. is also the first and only ISO-certified insurance broker in the Philippines.

Also launched this month in conjunction with the celebration of the Fire Prevention Month is a promo dubbed “Panalo ka sa ProtectMax” where clients of the ProtectMax product of CLIB get a chance to win Php 25,000. The promo is open to all clients who will purchase 5 ProtectMax COCs; these 5 COCs are equal to e-raffle entry. For the promo, 20 lucky raffle winners will be selected and will win Php 25,000.

“This Fire Prevention month, it is very important to drumbeat awareness on fire safety and prevention, and the importance of being protected. CLIB believes that an information and education drive is very important to ensure that everyone is well-informed against conflagration.” said Cebuana Lhuillier Insurance Brokers’ Inc., Jonathan Batangan.

For clients who are interested to keep themselves protected without having to go to Cebuana Lhuillier’s more than 2,500 branches, they may purchase Home Insurance via the ProtectNow app or website, just log on to protectnow.com to see CLIB’s full range of products online.

They’ve also mounted the #SunogFreeWorryFree: ProtectMax Kontra Sunog webinar which aims to highlight the importance of being ready for untoward situations especially fire, and the importance of having protection whenever there are threats of conflagration.

Getting A Car And Travel Insurance In Singapore

Some quotes say, “Jobs fill your pocket but adventures fill your soul.” Everyone loves to travel to make some adventure into his or her lives. However, in traveling, they must remember their safety first. None of the travelers wants to take hitch while traveling. That is why they choose to take insurance with them. They will choose whether Car Insurance or Travel Insurance is the right thing for them or both.

Nevertheless, most of the travelers choose them both to avoid any circumstances.

Car Insurance

Car Insurance companies in Singapore offer three main types of motor insurance policies and two types of motor insurance scheme.

Three Main Types of Motor Insurance:

Comprehensive car insurance that covers repair or replacement of the vehicle. If it is damaged or lost because of theft, accident, vandalism or weather-related damage. We recommend this type of car insurance if you do not have enough savings to replace the car, or are economically dependent on it.

Third-Party, Fire and Theft Cover car insurance covers damage and damage caused to your vehicle by a vehicle or other party's property, it also covers your vehicle is stolen or damaged by fire. To purchase this policy, you must not have any financial loan for your car. You should also make sure you have enough savings to replace the car, especially if you rely on the economy. For newer cars, it is better to get comprehensive car insurance.

Third-Party Cover car insurance covers claims of liability from third parties for injury and damage to their vehicle or property caused by your vehicle. To purchase this policy, you must not have any financial loan for your car. You should also make sure you have enough savings to replace the car, especially if you rely on the economy. For newer cars, it is better to get comprehensive car insurance

In Singapore, there are two types of motor insurance scheme. Authorized Workshop or Any Workshop. An authorized workshop is one that has an arrangement with the insurance company and hence the scheme has a lower premium because the insurer has control of the repair cost. A reason for people to choose the “any workshop” scheme is that they have a certain car make, which can only be fixed in designated workshops.

Excess, also called deductible, is to the first amount of the claim, which the insured has a bear. If the insured has an excess of $500 and the total repair costs $3,000, then the insured has to pay $500 while the insurer pays the remaining $2,500.

The insurance company normally imposes some excess, as this would serve as a form of co-insurance. With an excess, the insured would tend to be more careful because if claims occur, the insured also has to be out of pocket and contribute towards the claim. In general, the higher the excess, the more careful would be the insured and hence the lower the risk of having a claim, to reduce frivolously (unnecessary and avoidable) claims.

You can choose to pay a higher premium to have lower excess. If you are a PHV (Private Hire Vehicle) driver, you can also ensure the high excess from less than $4.00 a day.

Travel Insurance

Travel insurance helps protect you from risks while you are traveling overseas. All policies offer at least basic levels of cover for medical costs, cancellation and lost, damaged or stolen baggage. However, policies' coverage varies greatly and it is important to check that you have the right insurance for the kind of traveling you plan to do.

Here is the level of cover for the features named above and consider the following:

• Emergency assistance
• Personal liability
• Scheduled airline failure
• Legal assistance
• Travel disruption
• Holiday curtailment

Generally, the single-trip policy covers you for as long as your trip lasts up to a maximum of 180 days. An annual travel policy covers you an unlimited number of trips for an entire year from the policy start date. Such a policy is worthwhile if you are a frequent traveler.

A Family travel insurance Plan will cover children under 18 or if still schooling. This is a much cheaper option to consider when traveling with family.

If you plan to travel several times within a year, annual travel policy covers all your trips and can be far more cost-effective.

The cheapest policy might not have the best coverage, so choose a policy which best suits your needs.

To get the best Car Insurance quotes for your budget, kindly go here: https://bit.ly/2Kcf8rc

For Travel Insurance, you can go here: https://bit.ly/2Zk9B8t