BONTOC, Mountain Province – Preparing the foundation for a brighter future and instilling discipline for a couple to manage their meagre resources prompted a young couple to invest in a life insurance that would allow them to be able to save for their supposed brighter future.
Melanie Lengwa-Dangkiw, 23, a businesswoman from the mystical town of Sagada experienced the difficulty of life at age 20 when she got pregnant and stopped attending her nursing course at the Mountain Province State Polytechnic College (MPSPC). Her aunt came to their rescue and offered the young couple the business of selling dried fish and she was able to do the same for three months and was able to earn a substantial income.
Melanie, who is called Kimado in her Igorot name, was able to put up a sari-sari store in Sagada after giving birth to her baby girl with the help of her husband Theodore who worked as a tour guide in their place. After a year, the couple was able to put up a stall where native products and food items are sold in this capital town in 2013 that helped them raise sufficient resources for their still growing family.
In 2014, Kimado was introduced to the numerous products of Sun Life of Canada, Philippines, a life insurance and mutual fund company, and decided to take the ‘3 in 1 package’ where she pays a premium of P15,000 annually.
“With life getting harder everyday, we thought of having a long-term investment that could be used by our children once we grow old. With our experience of difficulty in life when we started, we do not want our children to suffer the same predicament,” she stressed.
Kimado, who is now going to school to complete her nursing course, said that with the annual premiums that they will be paying Sun Life, aside from the regular expenditures of their businesses and their family expenditures, she learned the proper discipline in managing her family’s finances in order to be able to address their priorities.
“Now, we could not just buy what we want, we have to ensure that we have the necessary savings for us to be able to pay our long-term obligations like our Sun Life premiums. We have to teach our children to also follow our footsteps for them to have a brighter future,” Melanie added.
According to her, one of the salient features of the Sun Life insurance package that attracted her to invest was that their savings could be withdrawn allowing them to be able to have a last ditch resort in cases that their back will be placed against the wall when they need finances for very important endeavors or for emergency purposes.
She encouraged those interested to avail of the numerous packages of the insurance company to visit the nearest office of the company to inquire on what would be the most feasible package for their available finances that they could spare for such long-term investment.