Anong insurance ang kinuha nyo?

[cussler]

1. PhilAm Term Life Insurance
2. 1M
3. ~3k
4. It's plainly life insurance lg talaga
5. 1 year
6. To play it safe and to Invest the rest of my money na maipon ko sa MF. Mas malaki yung returns

I'm not really into VUL and whole life insurance. Ang mamahal kasi and NAkakatakot kasi pag samahin yung insurance with your investment. Buy-term-invest-the-difference (BTID) yung style ko for investing. You've heard it from financial experts BTID. 

TS, advice ko sayo. gawin mo kung [textspeak!] ginawa ni Misschevious.

Me, I have life insurance but purely life insurance lang. yung sobra ini invest ko sa mutual funds malaki pa ang returns.


If you want to learn more about mutual funds don't hesitate to ask. I'm willing to share what I've learn in managing my finances.

 

[mommyysa]

Hi, ako, for my daughter, I get AcademiX from AXA Philippines for my daughter. It's investment link. pay lang for 5 years, then as early as 8th year, may payout na for 4 years ata o 5 years depende sa plan mo and pinili mo. Then, may matitira na 280-400k pa sa policy mo tapos nag a-accumulate yun ng interest. And the return of investment is really high. I was planning to get pa for me and my husband but thinking pa kung anong best para sa amin. Dami kasi option, and lahat naman magaganda talaga.

[purple_couture]

For health insurance naman, I got a plan from Blue Cross. Out of all the health insurance providers kasi, sila lang yung consistently positive ang feedback even for self-employed individuals.

Now, I'm also looking into term life insurance. Keep em coming mga sis!

[artificialstar]

I have term life insurance, it's purely life insurance, so it's cheap, but it has a big coverage. finofollow ko yung BTID strategy, like MissChievous and cussler. kelangan [textspeak!] talaga is discipline na ma iinvest mo yung difference. but if you spend the difference, better stick with whole life or VUL nalang.

[sazleang]

1. Maxilink Prime (Insurance w/ VUL from Sunlife)
2. 350 Face Amount
3. 18k/year
4. covered until 88 y.o.
5. We're just starting a Family. Hubby and I planned na hindi kami mamamatay na kawawa ang maiiwan namin.

[mommyysa]

AXA Philiipines - Axelerator

1. Ano po ang insurance na kinuha nyo? -Axelerator, it's a life insurance na investment link
2. Magkano ang face amount?Ilang years to pay? 2.5k/month , 5 years to pay, 150k sum insured
3. Magkano ang premium? 30k yearly
4. Ano po ang additional benefits? Investment link. Design for education, retirement and financial needs. Loyalty Bonus etc.
5. Ilang years kayong covered? Covered until age 100
6. Reason kung bakit yun ang kinuha nyong insurance? Kasi it's a life insurance na investment link. Meaning, you have guaranteed amount at the same time, yung rate of return ng investment mo tumataas, pwede umabot ng 20%++ interest rate of return depende sa flow ng market. Pwede ko sya gamitin as wealth accumulation and at the same time magamit kung may malakihang needs sa money.

[mxherr5]

I get AcademiX from AXA Philippines for my daughter. It's investment link. And the return of investment is really high.

Hello sis, I assume you do understand that the illustration only
shows the returns assuming a performance of (normally) 4%, 8%, 10%

The return on your investment completely depends on what fund
you choose to direct your premiums to and its performance. Losses
are possible.

And since this is a VUL, you can't avoid realized losses. Unlike
with mutual funds and UITFs where you can just sit on the sidelines
and your losses will just be paper losses.

Due to the monthly charges, your losses will be realized.

Just making sure you're aware 

[alainewillgoplaces]

@alainewillgoplaces - sis, ilan taon ka? Same kayo ni hubby pero mas mahal ang premium nya

hi sis! i'm 29 years young ^_^ and yes, mas mahal siyempre kung mas matanda and mas mahal din ang insurance ng lalake sa babae.

[caterpillar-girl]

^ikaela, how does the insurance part work with the BPI Direct Save Up? how is the face amount computed?

[ikaela]

^Basic life coverage is 5 times your account's average daily balance in the past three months. Accidental death is 10 times. It also has accidental disability/dismemberment benefits. All the details are here: https://www.bpiexpressonline.com/others/SaveUp_Prov.htm

So let's say you keep an average of 50k in there, the face amount will be 250k and accidental death will be 500k.

[mitchicoy17]

Heyo! I'm 25y/o
-PRU Life UK PAA+ (VUL)
-1M Sum Assured, Whole life
-3k monthly premium
-benefits: TPD with waiver, ADD, Life Care, Hospital Income
-Covered until 100 y/o
-Reason: Play safe lang din since this is my first policy. VUL para may insurance at investment at the same time. 

[fionaapple]

1. Ano po ang insurance na kinuha nyo? SunLife Maxilink Prime, availed of it at age 27, 2 years ago, feb 2013, when I was still single.
2. Magkano ang face amount?Ilang years to pay?  500k, 10 years--although may disclaimer na:you may have to pay additional pa after 10 years
3. Magkano ang premium? 6,710 every quarter--26,840/yr
4. Ano po ang additional benefits? insurance + investment siya kasi VUL yung Maxilink Prime
5. Ilang years kayong covered? haha. forgot this one. parang 80 ata..check ko nga mamaya.
6. Reason kung bakit yun ang kinuha nyong insurance? 1. kasi gusto ko makapagstart na ng insurance habang bata pa ako, kasi tumataas ang premium as we grow older. 2. gusto ko yung idea na may kasamang investment. 3. after comparing VUL proposals from 3 different companies: UCPB, Manulife and Sunlife, Sunlife yung nakita kong pinakamura sa tatlo at for me, pinakamaganda yung performance sa kanilang tatlo

[rhumbafrapp]

manulife insurance+investment
bpi direct save up

still thinking of gettingeither sun life, axa and/or prulife. mabuti ng covered ako and my loved ones, habang bata pa ako at kaya ko pang magbayad ng mga premiums

gusto ko yun idea ng red cross personal insurance ng isang sis dito, like me self employed, hirap magbayad ng malalaking premiums.

[momentum]

Accident:
- Availed of personal accident insurance, which is super cheap at 500/year for 200k coverage. We get this from Red Cross, and I think of the money I pay more as a donation to the organization than a premium payment. It's a donation that happens to come with free accident insurance

Medical/Health :
- Got inexpensive Blue Cross medical insurance with 500k in-patient coverage, which only covers hospitalization.

Hello sis

Just want to ask how did you apply for the red cross insurance? Also the blue cross?

Thanks sis!

[ikaela]

^Red Cross, I went to the chapter closest to my location. Just showed up, signed on some sheet, paid the corresponding annual membership fee, and then got my PNRC ID. That was it. They didn't even ask me for any sort of identification.

Blue Cross, I went to their office for the forms. Waited about a week for the assessment and then paid using my CC. But I discontinued my Blue Cross. I built, saved, and set aside my own health fund instead.

[momentum]

^ i see.. Thank you sis for sharing!

[ikaela]

^No problem. Nalaman ko lang din yan from motorcycle clubs. Wala kasi gusto mag-insure sa amin mga nag-mo-motor except for Red Cross.

Also, I like Red Cross, sila yung nakikita mo uma-action kapag Ondoy-type events. And I like Dick Gordon -- he gave Red Cross cards to those journalists who were slain in the Maguindanao Massacre. Kung wala yun, wala natanggap yung mga surviving families. Eh usually denied din sa insurance ang journalists kasi high-risk ang trabaho nila.

[mameejhy]

I got the following for myself:

Sunlife FlexiLink1 - 100k one time pay - goal: kid #1 college education fund
Sunlife Maxi Bright - 30k quarterly for 5yrs - goal: kids 2 & 3 college education fund
Prulife Exact Protector - 10k monthly for 7yrs - goal: retirement fund

[rikki21]

1. Ano po ang insurance na kinuha nyo?
I got Sun Maxilink Prime. It's a VUL (life insurance with investment).

2. Magkano ang face amount?Ilang years to pay?
FA is 2 million. 10 years to pay.

3. Magkano ang premium?
50,000 yearly or 12,500 quarterly

4. Ano po ang additional benefits?
2 million for death, 1Million for accidental death. may ia pang benefits, naka limutan ko lang.

5. Ilang years kayong covered?
Until I'm 88 years old.

6. Reason kung bakit yun ang kinuha nyong insurance?
May mga dependents ako, ayoko naman malbog sila sa utang pag nawala ako. saka forced savings nadin kasi kung wala ako binabayaran for sure magagastos ko lang.

[ieiky]

^ sis 50K monthly or annually?