Do what you love and protect what’s important to you. Don’t hold yourself from living your life to the fullest because of the fear of financial worries. Whether at work, home, or even on vacation, feel protected by investing in an affordable Non-Life Insurance product and avoid that hefty bill when uncertainties come. If you’re wondering how you can Live Worry Free, learn how you can benefit from Non-Life Insurance products with Liberty Insurance Corporation.
With Liberty Insurance’s expertise in the industry for almost 70 years, we’ll teach you what Non-Life Insurance is and how it differs from Life Insurance. And to guide you to a Live Worry Free lifestyle, learn the different Liberty Insurance products and choose the right one for you!
What Is Non-life Insurance?
Non-life Insurance, also known as General Insurance, is a contract to compensate an insured person/thing against loss, damage, or liability arising from an unknown or contingent event. This lets the insured minimize risks when a contingent event occurs, and having a Non-Life Insurance product relieves the insured from the financial burden.
The most common types of Non-Life Insurance are Property, Motor Car, Personal Accident, and Travel Insurance. Depending on the insurance policy, Non-life Insurance companies usually compensate for loss or damage to properties, accidental death, injuries, medical expenses, inconveniences, and assistance, among others.
Difference between Non-life and Life Insurance
Like what you learned earlier, Non-life Insurance covers losses or damages to properties and compensates for expenses due to a contingent event; this commonly doesn’t involve health issues. On the other hand, life insurance compensates the beneficiaries upon the insured individual’s death from illness. And anything that life insurance doesn’t cover falls under Non-Life Insurance.
Benefits of Investing in Non-life Insurance
- The coverage period is usually one year or less, depending on the policy.
- Premium cost depends on the property value of the insured or occupational risks
- Compensation for losses against unfortunate circumstances
- Policyholders, beneficiaries, and third parties insured are covered depending on the policy type.
Advantages of Non-life Insurance with Liberty Insurance
- Live Worry Free with excellent insurance policy benefits for an affordable price.
- Easy to get in touch through the website contact form, email, Facebook messenger, Viber, WhatsApp, or through the 40 branches nationwide, with more branches soon to open.
- Whether the policy is for you, your business, or your properties, Liberty Insurance gives personalized and prompt attention to ensure you choose the right one that would fit your needs!
- Multiple payment options through online banking, via teller, credit card or debit card payments, or non-financial institutions/non-banks, such as 7-Eleven, Bayad Center, SM Bills Payment, and CliQQ, among others.
- Fast and reputable claim settlements.
What Can Liberty Insurance Offer You?
Liberty Insurance offers different products, from property insurance to personal accident, engineering insurance to bonds. Choose what suits you to lead a Live Worry Free life.
Property Insurance
Insurance protection for your residential, commercial, warehouse, industrial, and other properties from losses or damages caused by unexpected acts of nature such as fire, lightning, earthquake, typhoon, and flood, among others.
Auto Insurance
Insurance policy to cover and compensate for the losses or damages of the insured vehicle, its drivers, and passengers due to an accident, third-party property damage, acts of nature, theft, and third-party death or bodily injury.
Personal Accident Insurance
Insurance policy for individuals, families, companies, or groups of people in case of an accident.
Kasambahay Insurance
Personal Accident Insurance coverage package specifically made for household helpers, including housemaids, cleaners, yayas, housekeepers, cooks, laundry persons, caretakers, gardeners, and personal or family drivers with free Annual Physical Examination (APE) at The Medical City Clinics.
Liberty Moms
Personal Accident Insurance protects to compensate for the medical expenses of uneventful miscarriages (from 1st to 24th Week of Pregnancy).
Liberty Games
A type of Personal Accident Insurance that is specifically designed for amateurs or professional athletes aged 12 to 45 years old to cover the reimbursement of medical expenses while at play or during training.
MePets
Insurance package designed for pet dogs and cats with additional coverage for the pet owner covering accidental and medical expenses, among others.
Rider Pal
Motorcycle Insurance Group Package for Riders’ Motorcycle Units, Registered Owners, and Unnamed Back Ride, ranging from 30K to 500K Coverage.
Pay Assure
Insurance policy for lending companies to give insurance protection to their borrowers while protecting their business interests.
Pay Assure Plus
Insurance policy for Small and Medium Enterprises (SME) or Companies to provide financial assistance for the accidental death of an employee with free Annual Physical Examination (APE) at The Medical City Clinics.
Travel Insurance
Travel assistance plan to cover and compensate for unexpected travel expenses and losses such as personal accidents, travel inconveniences, emergency medical evacuation, repatriation, and more.
Comprehensive General Liability (CGL) Insurance
Insurance protection for businesses against legal liabilities of bodily injuries, deaths, and/or property damages to the third party within business premises operation.
Property Floater
Insurance coverage for mobile vehicles and/or heavy machinery and equipment used by contractors in job sites that are not licensed for general road use.
Engineering Insurance Line
Insurance policy to protect against risks and damages in all building and civil engineering projects and to the equipment. The types of engineering insurance:
- Contractors All Risk (CAR)
Insurance coverage for material damage to a project, starting from the commencement of work up to the completion, with the option to extend the coverage for third-party property damage & injury losses arising from the execution of buildings or structures.
- Erection All Risk (EAR)
Insurance coverage for the installation or erection of machinery & apparatus such as elevators, transformers, turbines, rectifiers, generators, steam boilers, etc.
- Electronic Equipment Insurance (EEI)
Insurance policy covering all risks of physical loss, destruction, or damage to electronic equipment such as EDP equipment, MRI, X-Ray, ECG, communication, and film equipment.
Marine Cargo Insurance
Insurance protection for trade and commercial enterprises, including manufacturers, traders/commodity brokers, retailers, wholesalers, and distributors covering goods, merchandise, and other movable properties while being transported by land, sea, or air.
Bonds
Liberty Insurance offers different types of bonds such as Contractor’s Bonds (Bidders, Performance, Surety, and Warranty), Customs Bond, Replevin Bond, Heir’s Bond, Bail Bond, etc.
Deliversure
Insurance Package Plan to protect Motorcycle Delivery and Online Food Delivery Services in case of accident, robbery, and food contamination and damage.
Terminal Illness COVID-19
Insurance protection specifically for COVID-19-confirmed infection expenses, including in case of death due to COVID-19.
Start to lead a Live Worry Free lifestyle with Liberty Insurance. Choose the Non-Life Insurance products you need to be free from financial worries and have peace of mind in whatever you do. Contact us today for questions about Non-Life Insurance and Liberty Insurance products.
Liberty Insurance Corporation
Head Office: JCS Building 119 Dela Rosa corner Carlos Palanca Street, Legaspi Village, Makati City
Telephone No: 8819 – 1961 to 66
Fax No.: 818 – 8639 / 819 – 5217
