If you’re as old as I am, or someone who grew up in the ’60s and you do not deny it, you may have remembered the ๐๐ช๐ญ๐ช๐ฑ๐ช๐ฏ๐ข๐ด ๐๐ช๐ง๐ฆ ๐๐ด๐ด๐ถ๐ณ๐ข๐ฏ๐ค๐ฆ ๐๐ฐ๐ฎ๐ฑ๐ข๐ฏ๐บ radio ad on the AM radio. It was like the National Anthem of all commercials during that peaceful period of my childhood. My Tatang must have been one of those who fell for this ad because, every week, an agent would come by to collect his premium of P5.00. Yep. Five. ๐๐ช๐ฎ๐ข. ๐๐ช๐ฏ๐ค๐ฐ. ๐๐ช๐ฏ๐ฒ. Pesos. That was when a ๐ต๐ข๐ฌ๐ข๐ญ ๐ฏ๐จ ๐ด๐ถ๐ฌ๐ข from your favorite ๐ด๐ข๐ณ๐ช-๐ด๐ข๐ณ๐ช store would cost you two centavos.
The sad thing about insurance then is if you outlived your plan, you don’t get anything. Tatang outlived it. He got ๐ฏ๐ข๐ฅ๐ข out of it except for the security of cover just in case. It didn’t make any sense to me until…
I was a part-time insurance/investment advisor for a good length of time. These days, companies offer life protection with investment components. So you or your family will still get your money even if you outlasted it. My Tatang’s story I got to use to encourage my clients to invest while getting insurance coverage. It played a role in my life as a mustard seed which grew in me. It’s fruit I got to harvest 40 long years after it was planted. Thanks to the seeds that were planted.
Don’t call me, though, for estate planning, bonds and equities. I’m no longer an advisor. I’m here to tell you the story and drink this cup.
Cheers! #MyCafeNotes






