Understanding Life Insurance: Benefits, Values, Risks, etc.

[mashy`sb]

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Kuyawa gud nimo bro nipalit ka nga wa ka kasabot sa benefits sa imohang plan. Unsa man diay na nga plan imoha?

lagi, mura man tog gi dali2x. wala kau ni explain maayo. maikog man sad ko mo balibad. pero atleast naa na koy insurance.

[op2nd]

lagi, mura man tog gi dali2x. wala kau ni explain maayo. maikog man sad ko mo balibad. pero atleast naa na koy insurance.

Klaroha lang pila ka years mo pay ug pila imo coverage. At least duna ka basic knowledge ani nga policy.

[nodols3]

The primary purpose of life insurance plans is protection. Ideally, dapat ang mokuha ug life insurance policies are people who are earning an income and with somebody or anybody nga nagdepend ana nga income. Since babies and kids aren't earning incomes yet, di pa sila angay kuhaan ug life insurance.

For investment purposes (which is mao ang imong objective), go for mutual funds, stocks, UITFs and the like. Investment gives you growth and serves a totally different purpose from life insurance.

Though there are life insurance plans that has investment portions in it, try to check the charges and costs incurred, it might be too costly rather than having it separate (pure life insurance and pure investment). Para nako, this is a much better option (ibuwag ang insurance ug investment). It's simple and way cheaper.

Bro, naa lang ko klarohon.

One thing that bothers mi like sa Sunlife is that if pure life insurance lang ka kay lifetime ka mag sige ug bayad sa premium nimo.
Unlike if mag VUL ka kay inig ka 10th year, maka premium holiday naka, meaning pwede naka dili mo bayad sa imong insurance premium and you are covered until 88 years old.

Although barato lage ang pure life insurance, pero lifetime man pud ka magbayad ani. Can you suggest any other life insurance nga pure life insurance nga dili ko lifetime mag sigeg binayad?

[thadzonline]

Bro, naa lang ko klarohon.

One thing that bothers mi like sa Sunlife is that if pure life insurance lang ka kay lifetime ka mag sige ug bayad sa premium nimo.
Unlike if mag VUL ka kay inig ka 10th year, maka premium holiday naka, meaning pwede naka dili mo bayad sa imong insurance premium and you are covered until 88 years old.

Although barato lage ang pure life insurance, pero lifetime man pud ka magbayad ani. Can you suggest any other life insurance nga pure life insurance nga dili ko lifetime mag sigeg binayad?

Naa may pure life inusrance nga limited pay lang as far as I can remember akoang first policy sa Insular Life kay 10 years to pay ra, coverage extending up to 100 years old. Im sure, the same policies also exist in other insurance companies including Sunlife. Ang nahitabo man gud ron grabe kaayo makapush sa VUL ang mga ahente and even the insurance companies mao di na kaayo familiar ang mga tao sa ilaha traditional life insurance offerings

[yhokz101]

mas dako ug tabang kung ang agent nmo kaila ra pod or amigo jd nimo para mahatagan jd kag personalize or what is best jud para sa imoha na plan.. from my exp ra pod ni, akoa karon kay PhilAm man. salamat sa mga info diri mga brad.

[makie29]

Bro, naa lang ko klarohon.

One thing that bothers mi like sa Sunlife is that if pure life insurance lang ka kay lifetime ka mag sige ug bayad sa premium nimo.
Unlike if mag VUL ka kay inig ka 10th year, maka premium holiday naka, meaning pwede naka dili mo bayad sa imong insurance premium and you are covered until 88 years old.

Although barato lage ang pure life insurance, pero lifetime man pud ka magbayad ani. Can you suggest any other life insurance nga pure life insurance nga dili ko lifetime mag sigeg binayad?

What you are referring to is a whole life plan, a life insurance plan that provides coverage up to age of 100. Regarding VUL, I'm not also a fan of it kay the cost of insurance is deducted from the investment portion. I'd rather have a separate life insurance (pure) and investment.

The plan that you are referring to nga di ka lifetime magbayad is term insurance. Sa term, you can choose an insurance coverage from 1 year up to the number of years that you desire (example: 5, 10, 15, 20, 25 years coverage). Get a pure life insurance instead of a VUL kay mas barato ang premium nga imong bayaran in the long run.

[op2nd]

...One thing that bothers mi like sa Sunlife is that if pure life insurance lang ka kay lifetime ka mag sige ug bayad sa premium nimo

Unlike if mag VUL ka kay inig ka 10th year, maka premium holiday naka, meaning pwede naka dili mo bayad sa imong insurance premium and you are covered until 88 years old.

... Can you suggest any other life insurance nga pure life insurance nga dili ko lifetime mag sigeg binayad?

Murag wala... mao jud na ang TERM. Kung VUL ka 10yrs to pay, covered ka up to age 100 sa AXA.

[thadzonline]

What you are referring to is a whole life plan, a life insurance plan that provides coverage up to age of 100. Regarding VUL, I'm not also a fan of it kay the cost of insurance is deducted from the investment portion. I'd rather have a separate life insurance (pure) and investment.

The plan that you are referring to nga di ka lifetime magbayad is term insurance. Sa term, you can choose an insurance coverage from 1 year up to the number of years that you desire (example: 5, 10, 15, 20, 25 years coverage). Get a pure life insurance instead of a VUL kay mas barato ang premium nga imong bayaran in the long run.

naay whole life insurance bai na limited pay like 10-star sa Insular Life. I understand na phase out na ni sa IL ron. I bought my 10-star plan pag 2005, 10 years to pay, coverage is up to age 100.

[nodols3]

What you are referring to is a whole life plan, a life insurance plan that provides coverage up to age of 100. Regarding VUL, I'm not also a fan of it kay the cost of insurance is deducted from the investment portion. I'd rather have a separate life insurance (pure) and investment.

The plan that you are referring to nga di ka lifetime magbayad is term insurance. Sa term, you can choose an insurance coverage from 1 year up to the number of years that you desire (example: 5, 10, 15, 20, 25 years coverage). Get a pure life insurance instead of a VUL kay mas barato ang premium nga imong bayaran in the long run.

Unsa nga mga insurance ang nag provide aning term nga coverage is up to 25 years?

Also, pila pud kaha ang monthly ani?

Ang ako lang sa VUL kay naa man gud siya premium holiday after say 10 years.

[makie29]

Unsa nga mga insurance ang nag provide aning term nga coverage is up to 25 years?

Also, pila pud kaha ang monthly ani?

Ang ako lang sa VUL kay naa man gud siya premium holiday after say 10 years.

I'm biased sa term because its the kind of plan that gives the highest coverage per peso of premium paid.
Premium kay based sa age and occupation and health will also matter. Mofactor in pud ang how many years to pay kay pwede man ishorten ang paying period (but premium per year will increase).