Life Insurance - Unsay Nindot

[Metz]

wow, this is very affordable for 1M. i have sunlife and manulife. both completed na akong 10 yrs since nagkuha na ko on my 1st year of work.

im interested sa MF.....ive been lurking on MF threads the past 2 days.

im spending at 1hr every night just to read about MF.....

BTID jud the way to go.
traditional life insurance usually costs double or more, compared to a BuyTermInvestTheDifference approach.
Im 29, and my 1M 20 year term is just around 9k+.
The difference is invested in MF and long term healthcare, and I reap the profits, not the insurance company.

And cheap pa mo dungag ug another 1M life insurance until I reach the amount that I need.

[badongski78]

talk lang ta im from cocolife

[jeshcel]

BTID jud the way to go.
traditional life insurance usually costs double or more, compared to a BuyTermInvestTheDifference approach.
Im 29, and my 1M 20 year term is just around 9k+.
The difference is invested in MF and long term healthcare, and I reap the profits, not the insurance company.

And cheap pa mo dungag ug another 1M life insurance until I reach the amount that I need.

unsa ni nga insurance company bai?

[Metz]

unsa ni nga insurance company bai?

Cocolife bai although exclusive ang IMG sa 20 year term insurance.

[neo4596]

BTID jud the way to go.
traditional life insurance usually costs double or more, compared to a BuyTermInvestTheDifference approach.
Im 29, and my 1M 20 year term is just around 9k+.
The difference is invested in MF and long term healthcare, and I reap the profits, not the insurance company.

And cheap pa mo dungag ug another 1M life insurance until I reach the amount that I need.

Gud pm, Metz. Paki-explain daw about aning BTID para mabasa sa tanan diri. how this works? and why barato man kaau compared to other life insurance? Thanks..

[Metz]

rather than buying a bundled life insurance(traditional or VUL), IMG recommends buying pure 20 year term life insurance then what ever you save you invest direct in Mutual funds. Kay if you buy it bundled, the life insurance company will rake in the profits, tagaan lang ka ug sinsiyo. But if you go BTID, imo tanan.

The difference is actually in millions, although gamay ra mo believe sa BTID even if we show them the projections kay ganahan lagi sila sa "sikat". Ok raman kay we're just here to advice.

And traditional life insurance agents will not offer BTID kay gamaaaaaaayyyy kaayo sila ug commission ani and might also affect their quota.

Naa ko client nag BTID niya iya gi pull out ang iya VUL, didto pa siya gi offeran ug BTID nga format sa agent.

but if bata pata and we have no dependents, mas maayo pa mag Kaiser and mutual funds nalang.

you should have a good reason why you will buy life insurance, but most don't have a clue, kay ang investment ipromote sa ila. So they are paying for something they don't need.

[neo4596]

So, preferable sa mga singles without dependents ang kaiser and mutual funds? and for those with dependents should go for BTID? Sakto ba?...

[lorenzoleo]

Cocolife ako ma recommend bro, kay mu offer pud ug Term Insurance and Invest the difference.
Maayo ng ikaw mismo naay control sa investment side, Buy Term and Invest The Difference.]

Financial Experts, suggest to buy the Cheapest form of Life Insurance, it is called Term Insurance.

Laws of Insurance:
1.) There is no Free Insurance
2.) Cost of Insurance always goes up
3.) All Insurance are Term Insurance.

[Simplewish]

Ive a different insurance plans....but to avoid infractions if interested pm lang ta and i will answer your questions or pwede ta talk over a cup of tea or sa phone na lang...whichever u prefer.

I don't advertise when it comes to this kay other companies or agents would say this and that...my advise would be to listen to what they have to offer and the companies credibility longetivity and the benefits...dili puro talk

[Metz]

So, preferable sa mga singles without dependents ang kaiser and mutual funds? and for those with dependents should go for BTID? Sakto ba?...

if you have dependents you will need BTID and Kaiser.
kay life insurance, mutual funds, and Kaiser provide their own specific solutions.

-we need life insurance while dili pata rich. kay pag rich nata, self insured na tawag nato.
-mutual funds for pension.
-Kaiser for short term healthcare and healthcare after we retire aron dili mahilabtan ang pension.

Even financial experts here and abroad recommend getting term life insurance and investing on your own. Investing in mutual funds or Kaiser is very easy kay pasagdan ra nimo ang kwarta, so you have nothing to fear.

Dave Ramsey on Term Life Insurance<---check this