Life Insurance - Unsay Nindot

[lorenzoleo]

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Choose a Financial Adviser that can advice you to get Term insurance and invest the difference,

[Metz]

Hi! I agree but sa una ra ang Philam Life #1, check online ang No.1 Sa Philippines now is PRU LIFE U.K and it has been more than 165years Globally and to think less than 15 years pa lang sila diri sa Philippines but now no. 1 na. They offer life insurance with investment portfolio or if nahan ka more on investment pina MF, naa sad. PM me lang if you want to know more.

My advice is to talk to a lot of different financial adviser from different Life Insurance Companies. As you can see daghan sila diri, basing on the thread daghan taga Cocolife but naa sad taga manulife, sunlife and if Pru Life U.K, I am here. Better you speak to each and everyone dili here sa thread kay bawal man ata na sa mga said companies kay walay go signal (sa ako lang ning tan aw ha) so I could not discuss it here. No need to compete, ang importante, makasabot ka sa tanan products available for you and unsa imong need jud...then after, you choose.

sakto, get 5 proposals from 5 different companies, read about it, and compare the projections(if naay investment).

or better yet, be a broker aron kasabot jud ka unsa imo gisudlan hehe.
kay it will be a long term investment and as a broker maskasabot ka how it works.

common experience diri sa IMG kay once they do the numbers themselves, they cancel the old policy. di nami mo bother ug pacancel sa mga naa nay ongoing policy kay naa jud na resistance. sila na modecide for themselves if angay ba nila ipadayon or dili.

[W.Axl Rose]

sa mga financial advisers naa diri kindly post some BTID products of different financial institutions you might know, thanks

[jan_mar11]

manulife..=)

[Metz]

sa mga financial advisers naa diri kindly post some BTID products of different financial institutions you might know, thanks

here's what I posted a long time ago, this was a discussion between a pro traditional/whole life and pro BTID.

naa lang ko gi-bold dira kay cge ingon ang pikas team nga wa kuno mi paki sa client nya commission ra giapas. They keep saying wa kuno ayo ang BTID but the numbers tell a different story.

What you fail to see whenever we discuss BTID, is that we include this with investments. If ang client di kaayo kwartahan then we offer term insurance for the mean time samtang wala pa kaayo siya money but if naa they should buy BTID and not whole life.


Thank you for posting your proposal bai.
Now I made a proposal in BTID compared to the 45k you payed for in whole life.
on the first year, your policy has no cash value, while my client has 39k.
@age 52(ORANGE BOXES),the policy holder is guaranteed 1M, if my client dies, he gets 1.9M.
@age 52(RED BOXES), the policy holder gets 240k in savings, mine gets 944k

the amount is still small, so my client will renew his term insurance with 944k for another 20 years.
No additional requirements required, even medical check-up.

@age 70(GREEN BOXES) the policy holder is guaranteed 400k YEY!,

MY CLIENT GETS 5.5M in savings or 6.5M IF HE DIES! and these are very conservative estimates.

do you still think we dont care about our clients?

if you still think Whole life is better than BTID after this, then you're no longer following the purpose of your thread. Which is to help people decide on which life insurance they should get.

click the image for a clearer view.

By null at 2010-11-28

But I made this post bag-o pako sa IMG.
Karon what we promote by order of priority is

without dependentskung walay ga depend sa imo income, invest on yourself)

1. Kaiser - healthcare for short term AND long term(retirement)
2. Mutual funds - pension

with dependents:

1. Kaiser
2. Life insurance(at least 1M, then add as needed) -we need this while pobre pata, if dato na, optional nalang.
3. Mutual funds

so your BTID can be Kaiser + Life, or Kaiser + Life + MF if with dependents.

Investments should be the last priority, protect short term concerns before going long term.

[flanker]

life insurance, you get it upon death. although naay riders for "health" but most of the time reimbursement ra. medyo lisod kung magsalig ta sa reimbursement kay saon mana if wala tay kwarta.

medical insurance, you get it immediately when you are sick.

sa BTID, pwede kaayo kung pure life insurance + kaiser imo kwaon.
Its life insurance + healthcare + investment. and if nag awas pajud imo funds then apilan pud nato ug mutual funds, or magwait ka mahuman imo Kaiser, then mutual funds napud banatan.
Flexible kaayo ang BTID.

Thanks for the information Metz.

[Simplewish]

Best is to do more research so you understand the different insurance terms, get to meet up with different financial adviser and not giving them any ideas of the proposal the other agent presented to you....then you decide afterwards. People working for X company will never promote Y company or Z but will always stick with X company.

Also longetivity matters as it would tell you the stability of the company and the track record... it's not
about knowing the leaders personally but what the mission or vision of the company or how they run things...people get replaced but if the pillars are stable whoever replaces the leader will instill the same value and will run things not how he wants it but how tit should be and abiding to the laws of the company and the Insurance Commission to protect their clients.

TS, the decision is all yours, all of us here are just to give you our own opinion on the matter and what we believe is best from our standpoint. So we wish you the best with whatever decision you come up in the near future.


Happy weekend everyone.

[Metz]

True true. Daghan kaayo nag need ug insurance ma healthcare or life, and we have the same goal, although different types of products.
Nindut imaginon nga majority sa pinoy, priority ang insurance. sadly, minority pa.

TS, ask around jud, but here's my advice, ayaw padala anang saying nga "GUARANTEED PAYMENTS SA AMO, NYA ANG UBAN DILI", kay mao jud na gamiton sa big insurance companies versus the small insurance companies.

Bottomline, as long as Insurance Commission approved na nga company, GUARANTEED jud ang payments ana, no exceptions. Kay if mo default ang insurance company, naay back-up to protect the current policy holders. Example kay AIG, when they defaulted, Philamlife assumed their clients(if wa ko nasayop, open to dispute. ).

[ceannix]

gusto sab ko maka sabot og tarong regarding what policy to have. daghan na agents from different companies ni hatag sa ila proposals sa life insurance nako but wala gyud ko kasabot og tarong. Ganahan ko aning BTID kay murag affordable lng. Mga bossing pwede ma enlightened ani?

[please_pinangga]

@ ceannix PM lng if gusto gyud ka makasabot why mn gyud mag insurance2 pa ta....Lisod gyud ug di ka kasabot...Murag walay gamit gyud ug di ka kasabot....Ako usa pud ko sa wa kasabot before....