Anong insurance ang kinuha nyo?

[sneezes]

^ hi sis anjcam, I got this nung nagsstart pa lang ako magventure ng "investments".  When I learned that I should start making an investment -- which includes insurance, rather than stocking everything to my bank account, kinuha ko itong insurance.  My plan was to get insurance lang talaga..no investment yet, kasi masmahal yung premium. around 3k ata if with investment. Meron naman mga riders un, and the insured amount is quite good.  Nagtaka lang ako when my other friend told me that she got insurance din at a lower price and she won't need to pay after 10yrs or so (still insured until 50yo or something).  Though mas maliit ang coverage nya, nagtaka lang ako bakit yung akin is I have to pay until I'm 50yo when yung sa kanya eh for 10yrs lang ang payt.

I don't want to stop my insurance naman, kasi matagal ko na din to binabayaran. Medyo naguluhan lang ako bigla bakit yung sakin eh ang tagal ng payment...haha...

[j.adore]

Different talaga I have both type of proposals. I'm leaning into getting the 10 year pay that's good for more than 10 years insurance.

The good thing about term insurance is you can stop if you want but of course no more coverage.

[sneezes]

participating whole life insurance yung nakuha ko mga sis, covered ako till 100yo..mahal ba? namamahalan din kasi ako...gusto ko sana by 45yo eh stop payment na ko -- but still covered till let's say 65yo or 100yo diba

[anjcam]

^you may try VUL products if you want na 10years ka lanng magbayad and still covered ka. Pwede kasi yun as long as hindi mo ilalabas yung investment fund mo. dun lang siya kukuha ng pang charges for the insurance at a very minimal fee. At age 25, you can pay almost 2k monthly with insurance + investment pa. Then stop at 10years pag ayaw mo na and still covered kasi buhay siya dahil sa investment fund. PM mo lang ako if you are interested or if you have other questions

[sneezes]

^thanks sis. kausapin ko din yung agent ko

[pretty_B]

hi girls! meron naman siguro sainyo ang iba iba ang insurance nuh? may isa na kasi akong VUL from AXA. then, nagpplan ako kumuha pa ng another VUL this time from Sunlife naman before ako magtry ng Mutual Funds. Is it advisable? take note na ang balak ko lang kuhanin sa VUL ay yung minimum FA.

[j.adore]

Mas Ok nga yan diversify.

[pretty_B]

^thanks sis. pero since minimum FA lang ang balak ko kuhanin (say 500k sa first then 350k sa second), enough na kaya yun? not like our other sisses here na 1 insurance lang tapos 1m or 2m agad ang FA?

[j.adore]

Like what they say here, it depends on what your goal is. What works for one person may not work for you. Minsan din may mga policy na x2 face amount.

Ilan ba target mo makuha ng beneficiaries mo in the event of your death? May mga responsibilities/bayarin ka ba ngayon?

[D4thAngel]

participating whole life insurance yung nakuha ko mga sis, covered ako till 100yo..mahal ba? namamahalan din kasi ako...gusto ko sana by 45yo eh stop payment na ko -- but still covered till let's say 65yo or 100yo diba

Sis, kung whole life insurance yan, ok naman kasi guaranteed cash value ang meron yan, pwede mo kuhanin anytime  without worrying kung maganda o hindi ang market. Basically, savings na mas mataas ang interest compared sa banks. Since it is also participating, you can earn dividends. May mga trad na 5, 10 or 20 yrs to pay. Ilang years sayo? Got my traditional insurance kasi 14 years ago, Philam, 20yrs to pay, 6k plus annual, P200k face amount.

[pretty_B]

Like what they say here, it depends on what your goal is. What works for one person may not work for you. Minsan din may mga policy na x2 face amount.

Ilan ba target mo makuha ng beneficiaries mo in the event of your death? May mga responsibilities/bayarin ka ba ngayon?

hi sis! thanks sa reply.

hmmm. honestly, pang backup ko lang naman ang insurance (obvsly). and enough na muna siguro for now yung less than 1M for the FA of my policies. and yes, may mga bayadin pa kasi ako ngayon. siguro when my budge allows that time nalang ako mag-add pa ng another policy.

[Issabelle]

We have maxilink prime and life assure from sunlife for hubby. Both 1M face amount though lumalabas na 2M yung maxilink kasi x2. I want to add pa and thinking of getting Philam naman this time.

[hakunamatata]

I got one from Philamlife way back 2006...traditional insurance. Recently I got one for my husband from Prulife PAA+. I am thinking of adding one for my daughter if budget permits.

[ayieloveszavi]

kame ng hubby ko plus my 7 year-old kid sa Manulife.

sa akin:
4M face amount + 4M critical illness
6,8++ monthly

sa totoo lang, wala pa ako idea when i got this. sabi ko lang 15k budget ko para sa aming tatlo sa insurance. ginawan ako ng agent ko.

any one experienced to say if ok or hindi itong nakuha ko?

[mommyysa]

I got Health Fund from AXA and VUL from AXA too.

[D4thAngel]

After purchasing a critical illness plan for my kids few months back, I recently bought my own critical illness plan.  I have to get it now while insurable pa ko. At least, kahit retired na and no more HMO to depend on, I still have my lifetime coverage health plan. Mahal magkasakit, and I worry na maubos ang savings at investment intended for retirement and education dahil lang sa isang unexpected major illness. better be prepared than be sorry.

[ampere]

Term Insurance convertible to Traditional from Manulife 2M face amount + 2M Critical Illness

[clueless_bride]

Hi mga sis. I don't know where to post my question.. sorry if this is not the right thread but I just want to ask advice...

Here's my dilemma... I am an OFW, last year a friend of mine invited me to her son's birthday and there I met her kababata who was in town to visit. To make it short, her kababata is a FA from one of the insurance companies in Philippines. She had a talk/mini seminar after the party para sa mga guests telling us about their products. In short, kumuha kami ni hubby ng life insurance. marami rami din ang nag commit since maganda naman yung product and to be honest magaling naman siya sumagot sa mga queries namin and we learned lagi siyang nasa top FA annually...

My question is - VALID ba yung insurance na pinirmihan namin? I've read some articles that an insurance signed abroad is VOID. nakaka one year payment na kami. I asked her about it just the other day, she said valid daw yung policy basta in-force. and signed in Philippines naman daw nakalagay dun sa documents. Siya nag fill up nung documents and nag sign lang kami so I guess she wrote down Philippines dun sa place.

I am not sure what to do. Pag inistop ko yun payment edi parang binigay ko na lang yung 1 year na binayad ko. plus nag top up pala ako last month huhuhu.
Makakarefund pa ba ko? Pag nag file na ko ng report sa company matatanggalan ba siya ng lisensha? ayaw ko naman mangyari sa kanya un. I just want to know kung VOID ba o VALID yung policy namin mag asawa. Baka after 10 year pag tapos namin magbayad wala pala kami makiclaim. ouch!!!

[praise164]

I just got a Life Insurance from Pru Life =)

[ikaela]

clueless_bride: Your policy is VOID. The fact that your policy says that it was "signed in the Philippines" yet you know that you signed it abroad is already falsification of documents.

You will not get any of the benefits. Zero, nada, none. However, by law, the insurance company is obligated to refund you in full.

That agent will most likely be removed. She knows her license limits her to sell insurance within the Philippines only. She is also putting your and your friends' futures by selling you those invalid insurance policies. To put it bluntly, linoko niya kayong lahat.

Please also warn your friends.

The one out I see here is if the insurance company themselves know that the policy was signed abroad and they accepted it. Go straight to the insurance company to find out.