Because I know better now (after learning my lesson the hard way years ago and eventually becoming credit card debt-free), I accumulate rewards from my credit cards instead of debts. I said credit cards (with an “s”) because from having just one credit card, I now have two from the same credit card company — Citibank Cash Back (Visa) and Citibank Rewards (Mastercard). These two different cards come with cool rewards that make using them worth my while. And because I’m now more disciplined than ever, I get to make the most of my credit card rewards!
After weighing our options and preparing our payment, the hubby and I have recently gotten ourselves a term insurance from Sun Life Financial. It’s called Sun LifeAssure. As what’s standard, our annual premiums were based on our age. Mine was P5,160 while the hubby’s was a bit higher at P5,585. This is for a coverage of P500,000 with critical illness benefit. For add-ons, we got accidental death and total disability benefits.
Sun LifeAssure is renewed after five years. This means that the annual premiums to be paid for the five-year period (that we signed up for) are fixed. After that, should we decide to sign up again, our premiums will be higher as they will be based on our age again.