Natural calamities like typhoons, earthquakes, and floods are a fact of life in the Philippines. Every year, thousands of families lose their homes or face serious property damage due to these unpredictable disasters. But here’s a financial truth many homeowners don’t realize:
Yes, kahit wala nang bahay, hindi awtomatikong nawawala ang iyong utang sa bangko o Pag-IBIG.
When you bought your property, you borrowed money — and that debt remains until it’s fully paid. That’s why having the right insurance coverage is essential, especially if your home was financed through a Bank or Pag-IBIG Housing Loan.
MRI doesn’t cover the house itself — it covers you, the borrower. If something happens to you (such as critical illness or death), the MRI will:
Without AON insurance, even if your house is damaged or destroyed, you’ll still need to pay your monthly amortization — because the loan remains, even if the structure is gone.Having AON coverage ensures that you are financially protected when disasters strike.
If your home is under Bank Financing or a Pag-IBIG Housing Loan, check your insurance coverage today:
Nature can be unpredictable — but your protection shouldn’t be. Whether it’s fire, flood, typhoon, or any natural calamity, having the right insurance ensures peace of mind and financial security. Stay prepared, stay protected, and rebuild with confidence no matter what comes your way.
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