Anong insurance ang kinuha nyo?

[anjcam]

Philam Life -  Guardian 65 - Term Insurance (non VUL)

Coverage - until 65 yrs old
Payment - until 65 y/o

Guardian 65 (death) - 2,000,000.00   
Accident and Health (A&H) -  2,000,000.00
With Medical Reimbursement (MR) - 100,000.00   
Waiver of Premium Plus (WP+)   
Lifeline to Age 65 (LL65) (Critical illness) - 800,000.00
Annual premium - 24,634.47

What do you think mga Sis/Bro? Pwede naman pababain yung premium. 1m lang face amount and 400k sa CI rider. Na-cater naman lahat ng needs namin, pero hinde ba mahal para sa term? Nakakahinayang halos 30 yrs to pay din. Please advise, THANK YOU! 

parang ok naman. umaakyat ba yung premium every when? or fix siya for 30yrs? have you tried shopping sa ibang company? para may comparison?

[Rory_Lorelie_Gilmore]

^Hi, yes dami na din ako nakausap, around 5-6 insurance companies. Fixed yung rate Sis, pero honestly medyo namamahalan ako considering na term. I might ask them gawing 1m lang face amount.

[wowry]

Hi sis! Regarding sa Guardian 65 na nakuha mo, I think Guardian 65 is the most affordable term insurance na pang long term. Now if you still find it expensive then go back to why you want it in the first place? Ano bang purpose nito? Remember that nothing is expensive if you buy what is truly valuable to you. In my own opinion lang ha, if you need insurance for 10 years or less, then term is best for you. But if you plan to be insured for a longer period, like 15 years or more, then VUL is better but case to case basis pa rin talaga sis. Better have a lengthy discussion with your FA.

[Rory_Lorelie_Gilmore]

^thank you Sis  , that's what I thought, parang masyado din mahaba ang duration ng payment namin for term at ganyan yung annual premium. Actually halos 1 year na ako with constant communications with my FA, haha nahihilo na nga ata sya sakin nagstart kami sa VUL, naging tem.

[wowry]

^ May Guardian 5 sila sis try mo pa-quote

[Rory_Lorelie_Gilmore]

^yes Sis naquote-an na din ako, kaya nag end kami sa Guardian 65.  Thanks.

[gypske]

Sis Rory, ano ba purpose mo for getting the term? More on Face amount ba or more on CIB?

[Rory_Lorelie_Gilmore]

^Sis, basic protection (death, accident and critical illness), paid at XX yrs covered for XX years na decent ang face amount.

[mahc]

Hi, gusto ko po sana kumuha ng insurance for my family. Pa-advise naman po if better kung separate ang life insurance at health. I know medyo late na ako for this pero gusto ko pa din ituloy for my protection at peace of mind na din. Thank you.

[wahineee]

Hi, gusto ko po sana kumuha ng insurance for my family. Pa-advise naman po if better kung separate ang life insurance at health. I know medyo late na ako for this pero gusto ko pa din ituloy for my protection at peace of mind na din. Thank you.

Hi. To answer your question, there are plans that offer both, wherein you get life insurance and at the same time coverage for critical illnesses and even hospitalization. Most insurance companies offer that nowadays.

[PwedePadala]

I have term insurance and critical illness insurance separately from Sun Life Canada. My sibling has Sun Fit and Well; it's a life insurance with critical illness (CI) as a rider.

For those who wants term insurance with CI, there's Sun LifeAssure. The premium is lower than Fit and Well. I am not an insurance agent or advisor but an advocate. While we are still young and healthy, let's protect the future of our loved ones and ourselves.

[marcee7]

Which insurance would you recommend?
Budget - 1500 monthly only.
Goal - torn between retirement or life insurance with death, accident and critical illness.
And which is much better, insurance for me (34y/o ) or educational insurance for my son (6y/o)?

[gilmonica]

Which insurance would you recommend?
Budget - 1500 monthly only.
Goal - torn between retirement or life insurance with death, accident and critical illness.

Which insurance would you recommend?
Budget - 1500 monthly only.
Goal - torn between retirement or life insurance with death, accident and critical illness.
And which is much better, insurance for me (34y/o ) or educational insurance for my son (6y/o)?

And which is much better, insurance for me (34y/o ) or educational insurance for my son (6y/o)?

Hello marcee7.  I am a Sun Life advisor.  I personally prefer a VUL plan. You may add on a Critical Illness Rider with this plan based on your allowable budget. Is this your first insurance policy if ever? If it is, I would recommend  that you get insured first since your child greatly relies on you and your income. Should you want to check your options, you may send me a PM. Hope this helps. 😊

[Maia_Cache]

definitely insurance for you first.

[reivee]

Which insurance would you recommend?
Budget - 1500 monthly only.
Goal - torn between retirement or life insurance with death, accident and critical illness.
And which is much better, insurance for me (34y/o ) or educational insurance for my son (6y/o)?

usually, yung source of income muna ang iniinsure.  so if wala ka pang insurance, dapat kaw muna ang iniinsure kasi when you're taken away, mawawalan o mababawasan na ng income ng household.  pwede naman kasi na yung insurance mo earns so that combo na, may pang education na si bagets plus if something happens, may makukuha sila.

[bluish_mommy]

the breadwinner in the family should be the one to be insured first.

[mysterioza_me]

Mga sis what if na-outlive ninyo ang term insurance policy ninyo and you do not have any plans to renew it. Mababawi ba yung hinulog since hindi naman siya nagamit?

I?m planning to get a life insurance. Critical illness and accidental protection. Litong-lito ako if term insurance or vul ang kukunin ko since iba-iba ang nababasa ko na feedback. Hindi ko alam anong dapat ko iconsider sa pagpili, pahingi naman ng tips.

[maydenmb05]

Mga sis what if na-outlive ninyo ang term insurance policy ninyo and you do not have any plans to renew it. Mababawi ba yung hinulog since hindi naman siya nagamit?

I?m planning to get a life insurance. Critical illness and accidental protection. Litong-lito ako if term insurance or vul ang kukunin ko since iba-iba ang nababasa ko na feedback. Hindi ko alam anong dapat ko iconsider sa pagpili, pahingi naman ng tips.

Good afternoon po!

Depende po yan sa feature ng policy nyo. If endowment po yan, possible po meron kayo makukuha.

Ano po bang plan yan?

[maydenmb05]

Mga sis what if na-outlive ninyo ang term insurance policy ninyo and you do not have any plans to renew it. Mababawi ba yung hinulog since hindi naman siya nagamit?

I?m planning to get a life insurance. Critical illness and accidental protection. Litong-lito ako if term insurance or vul ang kukunin ko since iba-iba ang nababasa ko na feedback. Hindi ko alam anong dapat ko iconsider sa pagpili, pahingi naman ng tips.

Sa pagpili ng type of insurance, there are factors na dapat mo iconsider.
If VUL, can you handle the ups and downs of the market? Since it has investment, you should be able to accept those possibilities.
Cheaper ang term, pero pano kung maoutlive mo? Hindi lahat ng premiums na binayad mo, mababalik sa ?yo. You?ll probably get the half of it. Then syempre you?ll think again of your future, rerenew ka na naman. Iba na rate nun. You may opt getting a whole life, limited pay, participating life insurance. Ang savings nyan thru dividends.
Do not mix VUL with CIB rider. Yes pwede din naman, but you should continue paying for the CIB. It will take most of your funds kung hindi. Continuous kasi ang payment ng CIB, unless makaclaim ka na.
You may opt getting a stand alone health insurance. May mga plans na may savings na din thru dividends.
Note that dividends are awarded after the paying period.

[D4thAngel]

Mga sis what if na-outlive ninyo ang term insurance policy ninyo and you do not have any plans to renew it. Mababawi ba yung hinulog since hindi naman siya nagamit?

I?m planning to get a life insurance. Critical illness and accidental protection. Litong-lito ako if term insurance or vul ang kukunin ko since iba-iba ang nababasa ko na feedback. Hindi ko alam anong dapat ko iconsider sa pagpili, pahingi naman ng tips.

Hi sis, the answer is No . Term insurance is purely protection, meaning walang investment, walang cash value.  Makukuha lang ang insurance coverage pag namatay na si Insured.

In choosing a critical insurance, i-consider mo yung budget mo, sis. Cheapest eto kung naka-rider sa Term Insurance mo, dahil wala syang investment na kasama. Kung naka-rider naman sa VUL mo, since may investment, dagdag ka ng konti sa premium. But as a rider for Term and VUL, critical illness will cover you until 70yrs old lang. So beyond that age, wala ka na coverage for critical illness kahit pa may pambayad ka. Wala din babalik sa binayad mong premium for CI itself. Kung kaya din lang ng budget, may mga  stand alone permanent plan for critical illness. Eto yung babayaran mo lang ng ilang years, tapos covered ka na hanggang 100yrs old (that's why we call it permanent). Eto yung babalik yung mga binayad mo kung di ka magkakasakit, either during lifetime (because of the cash value), or in the form of death benefit (sa beneficiary ang bayad pag namatay).

Sis, kahit anong plan yung kuhanin mo, what's  important is you start your coverage while young and healthy. No one ever planned na magkasakit, it could stop your income, it could drain your savings and investments. Let a critical insurance plan serve its purpose.