Why It’s Important to have an Accident Insurance

accident insurance

Our former “kasambahay” was accidentally hit by a car while she was walking across the street from the “sari-sari” store. She thought it wasn’t that bad because she only felt a mild pain on both her hands and her abdomen.

I’m actually having a hard time imagining and explaining how she got hit but according to her, her position was like of “super woman” with her two hands in front as if trying to stop the car from hitting her but she got hit in the end.

She tried to confront the driver who came out of the car angrily and instead of asking for apology, he acted as if he was the one who got hit. Our “kasambahay” said she got shocked with how the driver disrespected her that she missed to get the car’s plate number until he got back to his car and drove away.

The people who witnessed that simple accident said that it was the driver’s fault and not hers but no one took the initiative to get the plate number either. Thus we had no one to blame and get accounted for after all.

Days passed and our “kasambahay” had been consistently complaining about the pain on her hands and abdomen. What we thought of as a simple accident became serious and because of that we had to pay for her check-up and medications. She’s no longer working for our family but we still continue to give financial support when she needs help.

Remembering this incident made me think that having an accident insurance is really important. An accident is an unforeseen circumstance that occurs unintentionally and usually results in harm, injury, damage or loss. Nobody wants to be involved in an accident. And having an insurance doesn’t give us an assurance that we won’t get into any accident but it somehow gives us that sense of security that when something similar happens, we can get financial assistance through the benefits of the insurance.

After giving it some thoughts, I decided to get an accident insurance for our new “kasambahay”. It’s an additional expense but I think it’s better to shell out a small amount of money for security and hopefully nothing happens, than something happens but we don’t have the insurance needed.

Disclaimer: I’m a Licensed Financial Advisor of Philam Life but this post is not intended to sell or endorse their products. This is only to share my experience and it doesn’t cover all the details in the article. Should you be interested to know more about their products, you may contact me directly through this Contact Form.


Certified WAHM l Licensed Financial Advisor & Professional Teacher l Financial Literacy Advocate l Founder of www.pinayinvestor.com

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