Step 7 of 7
Money Check!
Building your safety net is not about expecting the worst. It's about being ready. When you protect yourself first, you can grow your money without fear. Test what you learned in Chapter 5.
5 questions
Pick an answer to start
1. Match each situation to the right type of insurance.
A. Your family depends on your income and would struggle if you passed away
B. You need help paying for a hospital stay
C. You want protection if your car gets damaged in a flood
D. You want a lump-sum payout if you're diagnosed with cancer
2. Your HMO covers up to ₱150,000 a year. You're diagnosed with a critical illness, and treatment will cost ₱1,000,000. What can help cover the gap?
3. You're the breadwinner with two kids. What matters most when deciding how much life insurance to get?
4. True or false: If you already have an emergency fund, you don't need insurance.
5. A policy has a low premium but excludes a condition you want covered. What should you do?
“Hope for the best, prepare for the worst.”