philam life, insular, prulife UK, UITF

[Simplewish]

I am a Financial Adviser for Pru Life U.K and I have been invited to many insurance companies but I only joined Pru Life U.K. because I believe in their vision and mission. Meet different agents or financial advisers and let them do a presentation for you. Important thing is you understand what they are saying and you know what you need.

On a different note, I will not comment on Legacy...By the way is this the Networking company I've heard in the past? If so, all I can assure you is that All the Companies written on the TS' Subject (philam life, insular, prulife UK....) are not Networking or Pre-Need Companies. If you research online and in the history of Life Insurance, wala pay nag sara kay protected sad siya sa IC (Insurance Commission).

Hope this helps.

[jobhim23]

for me Philam life insurance And PAMI., I started as early as 24 years old investing for my future.
I have an account in PAMI (PSGF),. maganda ung return every year kung marunong k mgtrading,. last year nmigay cla ng 30% stock div., less than 1 year umakyat ng 45% ung investment q,but I don't recommend n mgtrading if di mo naintindihan galaw ng market.

then the service is good lalo n kung yung broker mo is credible and the office as well as the staff's performance can be rated excellent.

My account in Philam Life,. it's a variable,.maganda kc fix ang no. of years ng savings unlike the 2 other insurance companies n nlagyan q 10 years ago, that they just said kahit kelan mo gusto at mgstop mgsave tapos after 10 years of paying monthly hiningi q ang estimated surrender value ng pera q if ipapastay q ng another 10 years and di nila mbigay ang estimated surrender value ng savings q,. (oh my God ano bang klac ng fund manager meron cla) sinabi lng ng agent at ng manager n malay mo mgdouble young pera, walang computation unlike sa philam naprepresent lahat s policy.
meron din yung parang time deposit ung "Money Tree". Maganda ang return if mababa ang stocks nung pinasok mo,.and halos lahat ng mga kakilala q nkuha tlga nila ang benefits as stated in the policy n walang aberya,

Meron din aqng variable n nkuha from other insurance companies (meron jan s nabanggit mo) before aq kumuha sa PAMI and Philam,. .so I can differentiate both.,

This is just base on my own experience and opinion.

you must have talked to the wrong consultant dude.

saving should not be limited to only 10yrs. should be until you retire. and ideal is 20% of your income. and for 20yrs.

coz retirement is a long holiday. and what would u do on a holiday with no income?

and besides, there is no such thing as limited pay in unit linked products.

even if you only pay 10yrs, it will still cancel units for the insurance charge even after your paying years. for as long as the policy is inforced.

and if investment fund does not perform well, naay change nga MAHUROT imong fund value.

and when that happens, wla nka mahimo kay dili naman ka pwede MOBAYAD. well, pwede siguro ka mo top-up. depende sa plan.

unlike kun long paying, you can do anything. plus, you'll get more fund value the more years you save.

but in fairness to most of us, PRENEED country man gud ta. mao na we go for LIMITED PAY plans.

but if you really sit down and seriously plan for your retirement, you'll realize dili na kaigo imong gi-setup


this clearly separates the AGENTS from CONSULTANTS

CONSULTANTS diagnose and propose
AGENTS sell plans
MOST CLIENTS self-medicate

[ayen23]

you must have talked to the wrong consultant dude.

saving should not be limited to only 10yrs. should be until you retire. and ideal is 20% of your income. and for 20yrs.

coz retirement is a long holiday. and what would u do on a holiday with no income?

and besides, there is no such thing as limited pay in unit linked products.

even if you only pay 10yrs, it will still cancel units for the insurance charge even after your paying years. for as long as the policy is inforced.

and if investment fund does not perform well, naay change nga MAHUROT imong fund value.

and when that happens, wla nka mahimo kay dili naman ka pwede MOBAYAD. well, pwede siguro ka mo top-up. depende sa plan.

unlike kun long paying, you can do anything. plus, you'll get more fund value the more years you save.

but in fairness to most of us, PRENEED country man gud ta. mao na we go for LIMITED PAY plans.

but if you really sit down and seriously plan for your retirement, you'll realize dili na kaigo imong gi-setup


this clearly separates the AGENTS from CONSULTANTS

CONSULTANTS diagnose and propose
AGENTS sell plans
MOST CLIENTS self-medicate

I talk to my agent about may concern that if i stop my savings on that year ( that year was my 10th year on that variable) and if after 10 years i'd decide to get my savings how much would that be, since that is saving i beleive that i could get it on premium value since i believe that it's not base on the stock market but prulife equities. but then they could not give me the computation of my surrender value on 4,8 or 10% basis.

your saying that saving is for retirement and retirement is a long holiday.I agree. But let's put it this way.,what if i decide to stop my savings, what if after 20 years I can't afford to save anymore bcoz there are things i have to prioritize first? or there would be unexpected things happen and my financial status got crashed?., what would you do?., would you mandate me to save until my retirement age?., of course if that would happen first thing that would comes to mind is to stop the savings,. what if i visit your office letting you know that I would stop my savings and i'll withdraw it after 10 years, and ask you if you can compute or give me an estimated surrender value of my savings., what will you do then?.,will you give me an estimated projection base on the 4,8,10% basis?., or you would just say "just put some money if you have spare any way saving is for retirement"?,. Does that statement answer my concern?.,

what I need is a projection value of my ifs.,. not those lines about future, retirement and etc. because we all know about that,. we all know that saving 10 years for retirement is really not enough but there are many unexpected things that comes our way.

My variable in Philam life is 10 years to pay amounting to 4,166 per month excluding investment or tup ups. After 10 years of waiting my surrender value base on the 4,8,10% is 1M,1.4M and 1.7M respectively,. It's not that much but atleast I know what would I get.

And about the top ups of your variable, i compare it to my variable in philam life the projection value has a little bit of sameness.

i hope this concern could help you to improve your variable.
thanks any way.

[gerrynelmida]

go for philam they a proven track record

[ayen23]

you must have talked to the wrong consultant dude.

and if investment fund does not perform well, naay change nga MAHUROT imong fund value.

and when that happens, wla nka mahimo kay dili naman ka pwede MOBAYAD. well, pwede siguro ka mo top-up. depende sa plan.

unlike kun long paying, you can do anything. plus, you'll get more fund value the more years you save.

but in fairness to most of us, PRENEED country man gud ta. mao na we go for LIMITED PAY plans.

but if you really sit down and seriously plan for your retirement, you'll realize dili na kaigo imong gi-setup


this clearly separates the AGENTS from CONSULTANTS

CONSULTANTS diagnose and propose
AGENTS sell plans
MOST CLIENTS self-medicate

of course pg ngnegative ang economy mgnegative jud imo fund pero sino ba ang taong gusto mka-incur ng actual loss?., xmpre better ang paper loss than actual loss pero kung investor k you would not panic but then you see it as a very excellent opportunity to buy shares in mutual fund.

wala p nmn aqng kilala n nalugi s mutual fund yun lng cguro ung mga napansin lng n bumaba ung stock eh ngpapanic na mg-widraw,. mali nmn un dpat s banko n lng cla mglagay if yan ang mentality nila,.,

hindi nmn always negative ung market ng philippines,. accdg. nga s dow jones index, reselient ang economy ng philippines from external factor,. and besides developing p lng nmn tau which means hindi p natin naaabot ang peak ng economy natin base on the cycle na expansion-peak-contraction-trough. ang us, europe don mhirap mg-invest kc naabot n nila ang peak contraction and trough ang nxt cycle nila,.

[ayen23]

y

but if you really sit down and seriously plan for your retirement, you'll realize dili na kaigo imong gi-setup


this clearly separates the AGENTS from CONSULTANTS

CONSULTANTS diagnose and propose
AGENTS sell plans
MOST CLIENTS self-medicate

and if i sit down the whole 24 hours with the plan I bought sa prulife paano q ba malalaman if kasya eh wala ngang estimated value surrender if ung savings q from 24 years old up to the age of 65,. ung nilagay lng n 58M of retirement fee at the age of 65 is base on top ups of 100K annually for 10 years of payment. ung nklagay lng eh up to 6M n insurance benefit if my accident, hospital reimbursement, hospital income, death benefits, etc. eh kung God permits n walang mngyari s akin until the age of 65, ano bah ang silbi ng savings q for 40 years s plan n yon?., Diba confusing n plan?.,

Sana nmn imodify yong projection value ng savings in 10, 20, 30 up to 40 years till reaching the age 65 not just the insurance benefit and the top ups pra mas clear. Thanks.

[istoryamember]

for me Philam life insurance And PAMI., I started as early as 24 years old investing for my future.
I have an account in PAMI (PSGF),. maganda ung return every year kung marunong k mgtrading,. last year nmigay cla ng 30% stock div., less than 1 year umakyat ng 45% ung investment q,but I don't recommend n mgtrading if di mo naintindihan galaw ng market.

sa PAMI PSGF pwede d ay ka mag stock trading nga ikaw mag buot unsa nga stocks paliton and when to sell? I thought on PSGF you will have a fund manager for this who will do all the things for you?

[ayen23]

sa PAMI PSGF pwede d ay ka mag stock trading nga ikaw mag buot unsa nga stocks paliton and when to sell? I thought on PSGF you will have a fund manager for this who will do all the things for you?

may account kba s pami?., try mo minsan pra maexperience mo ang trading,.,
oo merong fund manager who do all the things for you,. that is if u want to let ur money stay for a long period s mutual fund,. pero mutual fund yan eh,. may holding period na only 6 months lang,.if gusto mong withdrawhin after 6 months pwde with the advise of your consultant of course. xmpre yang mga agents or employee ayaw yan nila n mgtrade k gusto, yan nila n medium to long term ang investment mo s kanila but still it's up to you kung gusto mong iwithdraw wala silang magagawa kc pera mo un.

i'll give you an example tatawagan k ng agent r consultant mo if mababa ang stocks, xmpre bibili k dba?.,probably sa mga 1st-2nd quarter minsan s mid-3rd quarter mababa p yan,.

base on my experience nlng, aq every now and then in-up date aq ng consultant q sa pami about the price of navps halos everyday. nung first n nakuha q n stocks that was on may 2010 was 354 and i kept on buying till september. at the end of oct. my binigay cla na 30% stock dividend., nong ng1st week of december umakyat ng 510 that was the highest bull run ng market nila,.kinakabahan p aq nun kung tama ba kc that's my first tie n mgparticipate s ganung inestment ,.since only 6 months lng ang withholding period ngwidraw aq ng almost kalahati ng pera not on the 510 navps pero dun lng sa 507 ang naabutan q,.

so kumita ung pera q almost 45%. wala din aqng binayarang withholding fee n 1%. then nung bumaba na xa starting last week of jan. until this month bumili n nmn aq ng stocks,.

that's how it works for me,.kc purely base on stock ang PSGF,. hindi nmn accumulated ang gai nor loss mo if ngreach ng peak tapos bumaba n nmn. hindi nmn yan bonds.
wala nmng problema s kanila eh kc 6 months lng ang withholding period if winithdraw mo before it my less lng n 1% of the amount ur going to withdraw.

[istoryamember]

thanks bro. I don't have pami but I have FAMI equity fund. stocks pa rin siya pero ang manager lang ang mag decide where to put it. I am also into stock trading sa COL.

[lorenzoleo]

of course pg ngnegative ang economy mgnegative jud imo fund pero sino ba ang taong gusto mka-incur ng actual loss?., xmpre better ang paper loss than actual loss pero kung investor k you would not panic but then you see it as a very excellent opportunity to buy shares in mutual fund.

wala p nmn aqng kilala n nalugi s mutual fund yun lng cguro ung mga napansin lng n bumaba ung stock eh ngpapanic na mg-widraw,. mali nmn un dpat s banko n lng cla mglagay if yan ang mentality nila,.,

hindi nmn always negative ung market ng philippines,. accdg. nga s dow jones index, reselient ang economy ng philippines from external factor,. and besides developing p lng nmn tau which means hindi p natin naaabot ang peak ng economy natin base on the cycle na expansion-peak-contraction-trough. ang us, europe don mhirap mg-invest kc naabot n nila ang peak contraction and trough ang nxt cycle nila,.

Well ,explained ayen23. Philippines will be the "sweet investment" hub in asia. Better position yourselves by now.