Traditional life insurance vs VUL

[sis.cattleya]

flexi din kasi VUL kaya ok lang kunin.  alam mo may patutunguhan savings mo.

[artificialstar]

sino dito merong manulife affluence builder? VUL yun diba? pwede po bang mag-pay lang ako for 5 years then hindi na ako mag ddeposit? hindi ba ma terminate yung account ko? right now 2.5k yung monthly ko. plan ko sana 5 years to pay lang and wiwithdraw ko lahat after 5 years. tia!

[cassiopeia]

hi sis,, dont withdraw kung 5 years lang.di ka pa breakeven lalo na if wala top up..sayang lang investment mo sis..ask your agent to know more about it, mahirap naman na wala ka din protection ..

[artificialstar]

just recently ko lang napag alam na VUL pala ang affluence builder. >.< parang redundant kasi meron na akong life insurance. akala ko mutual fund yung affluence builder eh. yun yung sabi ng agent ko dati.  admit ko at fault din naman ako. mga 10 months na akong nagbabayad para dito. gusto ko talaga mag cancel.

[lee2ziyan]

@artificialstar yung life insurance mo ba benefits ng company or ikaw mismo kumuha? kung company mo life nsurance, better continue the vul. kung hindi naman, kung kaya mo pa naman bayaran ang premium ng vul, continue it. sa yo pa rin naman yun.   

[artificialstar]

i-ccancel ko siguro to sis. yes, kumuha talaga ako ng insurance, mainly for protection na may rider na konting savings. can i cancel the policy without the agent's consent? para i-cconvince nya talaga akong patuluyin yung VUL ko. baka may makuha pa akong konting pera from my fund kesa i-pa-pa-lapse ko to hehe

[mxherr5]

^
You should be able to do that.
What would happen is, any charges would be deducted from the fund
and as long as the fund has enough in it, your policy wouldn't lapse.
Once it hits zero, you'll pay to pay more to keep your policy active.

[a2007]

joining, I have VUL with philam, meron po ba dito na meron din ganon sa sakanila. Nag-ttop up ba kayo monthly? ano na progress ng sa inyo? TIA 

[artificialstar]

^^ thanks sis

[dyosabel]

mga sis patulong naman po.

Bale may nagpresent na saken na agent from Prulife UK. Ganito ang offer nya: 3k a month, 15 rs to pay. VUL sya. After 15 yrs wala na ko babayaran. Tapos may option ako na maging pension ko to kung gusto ko mag-early retirement. Covered padin ako ng insurance after ko mabayaran to hanggang age 99. Mura na po ba yung ganito?

I'm 25 yrs. old, single and healthy.

Thanks po. Sana may makasagot

[kriztina]

sis how much life coverage and magkano daw projected makukuha at retirement age?

[swit_squiggle]

Irregardless of what insurance company, almost all products are the same repackage lang at pinaganda (raw) ginawan ng ibang pangalan.

A plan is a good deal once it address the clients hesitations, will achieve the clients financial goals, meet the clients budget. In short tinahe ang policy para talaga sa pangangailangan mo.

[phurple0515]

i am still contemplating if i get the traditional ins or the VUL. 

for the trad, for 200/mo, i am covered for 900K for 10 yrs + cash value
if i opt to get the trad with critical ill, covered for 500k for 10 yrs + cash value....
for the vul, for 200/mo, i am covered only 132k, 66 yrs tenure, then if i end it for 10 yrs i only get 150k.

ang hirap pala kahit na sa insurance ka na nagwowork.  if the return is the basis, parang i want to get the trad (w/o CI).

[chefron]

san yang 200/mo na hulog?

[phurple0515]

^ sis overseas to

[chefron]

nyeh 

[mxherr5]

Curious rin ako, 2400 per year for 900k is very cheap.
Hindi pala dito hehe lol

[phurple0515]

^ sorry for the confusion hehe.  sa atin kasi sa pinas, since konti lang bumibili ng insurance, parang sobrang mahal ng premium at rates na binibigay.  dati i had a traditional life, tenure pa is until 66 for 1m, halos 13k ata per annum. 

so you think na as it is cheap, ok na yong traditional na lang kunin ko rather than the investment one right? para kasing ang liit e. 

[chefron]

kung mas particular ka sa SURE na pera na maiiwan sa loved ones mo, get traditional...wala kaseng kasiguraduhan ang vul

[phurple0515]

^ the traditional offered to me is an endowment nga e, 10 yrs to pay so practically, it's a lot of savings nga. 

at least, this one will be an investment na rin for me if ever.  thanks everyone