Insular Money Back Reloaded: is this a good plan?

[miksha]

does anyone here know or has a money back reloaded plan from insular? maganda ba siyang investment? for the plan 100 ganito kase siya:

annual payment for 10years: 8,270.00
guaranteed cash back benefit after 20years: 210,885.00
life insurance (death due to sickness or natural cause): you get 100,000.00
accidental death: you get 200,000.00
hospitalization benefit: you get 200.00/day of confinement

good deal ba siya? ang alam ko lang na hitch is kapag ginamit mo ang hospitalization benefit mo ideduct siya sa guaranteed cash back benefit mo.

[chefron]

kumuha ako nito sis, kaka apply ko pa lang yesterday, anytime next week daw ang policy..ok sya sis, para ka lang nag ipon, insured kapa, kahit kwentahin mo yung binayad mo for 10 years eh di pa sya aabot sa coverage mo. plus 20 years ang coverage..with dividends pa, well this is not sure,

[leenai]

kumuha ako nito sis, kaka apply ko pa lang yesterday, anytime next week daw ang policy..ok sya sis, para ka lang nag ipon, insured kapa, kahit kwentahin mo yung binayad mo for 10 years eh di pa sya aabot sa coverage mo. plus 20 years ang coverage..with dividends pa, well this is not sure,

Gusto ko sana nito..panu kung ofw? Panu kaya mag avail nito?

[agape]

Do they accept senior, age 65 and up?

[chefron]

no sis until age 55 lang sya

MONEY BACK RELOADED
A 4-in-1 insurance product payable for only 10 years with 20 years protection plus all your Money Back with interest! Loaded with these bigger and better benefits:
 
Life Insurance Protection
Gives your family cash benefits of as much as P2 million from death due to natural causes.
 
Accidental Death Benefit
Doubles your coverage in case of accidental death.
 
Hospitalization Benefit
Get as much as P2000 per day as cash allowance for your hospital stay. Allowance will start on the first day of confinement whether due to sickness or accident.
 
Plus! Get More Than Double Your Money
You get back all the premiums you have paid plus interest at the end of the 20th policy year. That’s guaranteed 255% return of your investment!
 
Age Limit: 18-55 years old
 
Insurable Amount: P100, 000 to P2 Million

pwedeng monthly payment!

i got the plan 300
im paying 1545 monthly until 10th year of the policy, which is 185,400 total investment
total cash back is 402k something

this is much better than Philam's build and protect
**build and protect example**

5yrs to pay 15yrs to mature
pay 31,906 annually for a 200k insurance
maturity benefit: 220k+

[beautywhite]

 hi! can someone give me the link about this offer? site?
 where is the table for plan?



Thanks.

[entwife]

I am also interested. Can anyone refer me to an agent? Thanks

[chefron]

AMCD Direct Mktg (MTemplonuevo) <mstemplonuevo@insular.com.ph> yan po yung taga insular na nagprocess ng application ko, siya din yung nakalagay sa website.

eto po yung sa website
http://www.insularlife.com.ph/product-services/for-individuals-and-families/savings/moneyback-reloaded/

[entwife]

Maybe this is OT,I tried checking online but Open kaya sila ng Saturday? I really want to start investing this year kaso kulang pa knowledge ko about insurance and what they offer.

I'll try to contact them later.

Thanks.

[chefron]

i only applied online.....she sent me via email a copy of the application form, filled it up, sent her a copy of my id with 3 signatures on it via email lang lahat, tas after ilang days dumating na yung policy, now hindi pa active yun unless you will pay the 1st premium.

i did pay via online banking, so convenient....now im waiting for my or to arrive.

[entwife]

 

i only applied online.....she sent me via email a copy of the application form, filled it up, sent her a copy of my id with 3 signatures on it via email lang lahat, tas after ilang days dumating na yung policy, now hindi pa active yun unless you will pay the 1st premium.

i did pay via online banking, so convenient....now im waiting for my or to arrive.

Hi sis Chefron. I just need some inputs. I never purchased a personal insurance before. Nakita ko na rin yung proposal for Plan 100 - 300. I am interested in getting one.

Though isn't it too good to be true that you'll get more than 200% of your premiums after 20 years?

And do insurance agents communicate just through email ngayon.. Haha. Then bank transfer na lang lahat ng payment.

Would you get like a contract or certificate once you purchase?

Thank you

[chefron]

you will get a policy po, dun po nakalagay lahat ng information about the product.
mas convenient kase sakin online, although may mga agents pa po talaga.

no sis hindi sya too good to be true, isipin mo parang naglagay ka lang din sa mutual fund ng pera, kaya sya kumita ng ganung kalake.

[entwife]

Okay Sis. Thank you.

So I assume lahat ng paperworks na legit, like you said idedeliver na lang sa bahay. Plus yung OR. Then everything is online transaction.

Alright. It's time na nga to get an insurance. The sooner the better. Habang kaya pang magtrabaho. Haha

[chefron]

pwede ka sis drop by sa mga offices nila for your peace of mind. 

[entwife]

I might just call her.

I actually feel excited. Para hindi lang puro bank savings. At least in the long run for this type of insurance, malaki ang kickback.

How did you learn about this? I was planning to inquire sa Sunlife last week kaso hindi ko pa nakakausap yung agent. But na lang I came across this thread.

[chefron]

Sa ibang thread ko sya nabasa eh, i got curious kaya ayun nanghingi ako quotation tas ayun finally nakapagpay na.

Sayang din kase if di sisimulan agad.

[beautywhite]

  Madali sila mag respond, natanggap ko na sa email,plan 400/plan 600/plan 1000 ( 400,000/600,000 or 1M).

 Mukhang maganda nga .Di ba matagal ang 10 years or you can shorten the time of payment like 5 years?

[chefron]

Isipin mo na lang sis na parang mutual fund din na low risk/low return ang investment na ito.

[beautywhite]

 I just want to compare terms of payment as I see the years ahead and my capability of paying in a light,easier manner

Anyway, I hope others could share...

[entwife]

Mabilis nga sila magreply sa email. They also answer queries, very convenient.

I plan to avail after the holy week.

Any other GT members ang meron nito?