Pru-life UK insurance unsay ikasulti sa naka experience

[hitch22]

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I too doesn't like insurance..although educational plan to ako but I think the concept is the same..
I've had a bad experience with Pacific Plan..

Better save your money or invest it yourself kaysa lain ang mo invest and wala ra ba siguro if ma uli sa imo ang money...

mao gyud.

When it comes to insurance, I stick with the simple term-life insurance. The premium may get more expensive as you get older, but the whole concept is you're buying peace of mind. In case something happens, your dependents get the benefit.

All these nifty new insurance products with "investment feature" are really substandard if you do the math. Take a look at some of these ads. They advertise something like "Get 200% after 30 years". In layman's terms, that's quadruple your money in 30 years. But they don't want to say "quadruple your money in 30 years," because it doesn't pack that much punch.

If you try to do the math, what rate of return do you need to double your money in 15 years? Using rule of 72, that's about 4.8%. 4.8% is what you need to quadruple your money in 30 years. That's the rate of return they advertise. And what's worse, you can't even touch that money for 30 years. You can get a better rate of return and better liquidity from long-term government bonds. That's why I think it's really a bad idea to purchase insurance products that have "investment feature".

[warhorse]

thanks mga bro and sis. anybody there?

[most_hated]

Up up up for this

[most_hated]

Hi mga istoryans, my wife is a financial adviser sa PRU LIFE UK, naa cya sa TGU tower 8th floor IT park Lahug cebu city nag office. If anyone interested here, pls feel free to contac her, she's willing to help you regarding your finances.

Please contact her thru her mobile no. 09325986540

[tokidoki_v2.0]

i also have a growth fund invested in pru life. so far so good man. had to pay for it for a few years before it starts growing (i started it when i was younger and didn't have the cash to pay up front). so medyo mahal mahal akong rate kay murag installment man. if you have cash to spare you can put it up with their growth funds. maayo nalang naai makuot2x gamay para retirement. i can also touch my money if i wanted to but i was advised to let it grow first to fully appreciate it.

Calling Metz! hehehe... need your inputs here.

[sumitseoleaderindia]

Life Insurance and life insurance quotes are always a subject matter of controversy because it reminds us of our mortality- Over 50 life insurance is a topic that many people avoid. If you have a family or dependent to count upon you, then you can’t afford to ignore this topic. Making a wise decision and understanding how insurance works can help you save some bucks.

[jonz]

naa mi ani nga insurance, so far ok mn murag igka 3 or 4 years na namo...

[thinKingMan]

My wife's client showed her this thread and I would like to say a few words about this. Dili gyud ko believer ani before my wife became a financial consultant. Actually, nag work pako sa Japan ato nga time and pag uli nako isa gyud ni sa among gi lalisan kay dili gyud unta ko ganahan nga mag financial consultant xa. Ako siguro iyang pinakalisod na cliente. Pero dako gyud ug tabang ang sound financial advice in every person's life.

My wife is a Unit Manager at a young age of 27. She always tells me (kay client man pud ko niya hehe) that people often spend so much time thinking about the growth of money, talking about investment returns and what not. But people always forget that the hardest thing to do is keeping money. Every person needs a certain structure to make sure risks in their lives are covered.

You may have the capacity to make your money grow 100% in a year, but you can easily spend it on whim, on a business, in hospitals if you get sick. Or buy cameras and lenses in my case, Haha! If not for all our policies, dili sad siguro ko katulog with peace of mind knowing nga in the next 10-20 years maka afford ra kog buhi sa akong pamilya with extra money just in case needed. So mao na, for anyone who'd like to know a detailed explanation about it, PM me and my wife can contact you and give you a call.

PS. usahay pud abi sa uban taw tanang naa sa insurance pushy, mamugos, dili ka lung-an ug kulit hangtud dili ka makuha. but then again, wala pa siguro ninyo na meet akong wife ug iyang team

[mokiloo]

Just be careful and be thorough with your understanding with the terms and don't fall into the darkest pit of the grey areas

[gr8pinay]

sa ubang countries required nga naay insurance ang citizens para if mawala ang income-generator nila dili kaayo mag problema ang gobyerno sa nahabilin kay insurance nay bahala..ang sakyanan ug mga balay i-insure man gali, how much more ang nanginabuhi? and good thing sa mga insurance companies karon kay one doesn't have to die to be able to get the money, naay gitawag ug living benefits.

Insurance is one way of wealth accumulation, estate building, etc. proven nani sa mga datu ron.