Why seafarers should get insurance

Posted at Mar 08 2015 10:07 AM | Updated as of Mar 08 2015 06:07 PM

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Insurance products have become extremely complicated instruments. At their core, they're designed to protect a breadwinner from loss of income.

A term insurance is perfect for most people, but On The Money's resident financial adviser Salve Duplito got a call from help from a viewer whose agent is refusing to sell her term insurance because her husband is a seafarer.

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