Where nice mokuha ug insurance?

[istoryamember]

Didto ko gikan sa BPI kay nag open ko account para sa automatic savings. I hope nice na siya nga product.

Anyway, naa new question ni pop up sa akong alimpatakan ganina while didto ko. Asa mas maayo magkuha ug insurance? sa kanang mga insurance company (tru its agent) or sa bank? Kay ang mga banks naa man pud sila insurance.

Asa kaha maayo no? Share daw tong naay ika share.

[medwarc]

i suppose life insurance imo gi mean bro, much better bro if you "buy term insurance then invest the difference".... mas barato man gud ni bro....

[istoryamember]

i suppose life insurance imo gi mean bro, much better bro if you "buy term insurance then invest the difference".... mas barato man gud ni bro....

unsa pasabot ana bai?

[Metz]

@istorya:

basics is you buy pure term life insurance which is super cheap. But since you get to save from it compared to standard life insurance, you invest what you save to mutual funds. so if something happens to you you get life insurance PLUS your savings in mutual fund. Standard/Common life insurance will just give you the insurance promised but actually the common formula is this

amount risked by insurance company = total insurance - your total savings
600k=1M-400k

so if the insurance is 1M, but you have saved 400k in your lifetime, they will just add 600k to complete the 1M.

so the only time they are actually risking 1M is when you started your life insurance.

but with Buy term invest the difference(BTID), you get the 1M + your total savings in mutual funds. its a very HUGE difference for your beneficiaries.

PM me if interested ka

[Vergel Aldous]

Didto ko gikan sa BPI kay nag open ko account para sa automatic savings. I hope nice na siya nga product.

Anyway, naa new question ni pop up sa akong alimpatakan ganina while didto ko. Asa mas maayo magkuha ug insurance? sa kanang mga insurance company (tru its agent) or sa bank? Kay ang mga banks naa man pud sila insurance.

Asa kaha maayo no? Share daw tong naay ika share.

waly maayo sa duha apil na lang sa amonh Financial Awareness program kay makasabot ka unsa ila sekreto para dili naka makapalit og mahal nga insurance madiscuss namo sa among session..mao diat no outlinenvite ta mo sa among Financial Awareness Program.. mao ni ang outline

FINANCIAL AWARENESS PROGRAM (FAP)

Session No.

Session Title(s)

Topics Covered

1

Orientation

- What is FAP? The purpose of creating the FAP.
- The Mission and Vision of IMG and the Wealth Academy
Series
- Survey: Personal Finance (Your Financial Benchmark)

The Spiritual Side of Money

- Debunking and correcting negative/limiting religious
beliefs relative to wealth building, vis-a-vis spirituality.
- The positive association between wealth and
spirituality; having wealth without sacrificing your
spiritual principles.

2

Practical Money Management

- Financial Wake-up call!
- Financial planning and developing a personal financial
strategy.
- The Rat Race Cycle: Why People Struggle Financially.
- Pre- financial check-up

3

The Distinction Between Winners and Losers

- The mind of poor, middle class and rich.
- Understanding the different mindset of people

4

Finance 101

- Investment strategies
- Secrets of financial industry

5

Entre-preneurship in Financial Industry

- Great opportunity in financial industry that few people
know.
- Creating multiple passive income streams.
- Becoming your own financial planner and broker

.
Schedule: Each session starts with Registration at 6:30p.m. Program proper begins at 7:00p.m. and
ends at 9:30p.m.

Venue: Ayala Life - FGU Center Building,
Cebu Business Park (Ayala), Cebu City

Dress Code: (Slippers, shorts, and sleeveless shirts NOT ALLOWED)

Maximum Number of Program Participant in a Batch: Thirty (30) persons.

Free Admission (but no free dinner)
Kindly contact me sa akong email Knight_vertex@yahoo.com/09159860682 if ganahn mo para macordiante nako sa akong mentor..pwede gihapon ka visist sa akong blog wealthacademyph.wordpress.com- Vergel Aldous T. Java

[Vergel Aldous]

@istorya:

basics is you buy pure term life insurance which is super cheap. But since you get to save from it compared to standard life insurance, you invest what you save to mutual funds. so if something happens to you you get life insurance PLUS your savings in mutual fund. Standard/Common life insurance will just give you the insurance promised but actually the common formula is this

amount risked by insurance company = total insurance - your total savings
600k=1M-400k

so if the insurance is 1M, but you have saved 400k in your lifetime, they will just add 600k to complete the 1M.

so the only time they are actually risking 1M is when you started your life insurance.

but with Buy term invest the difference(BTID), you get the 1M + your total savings in mutual funds. its a very HUGE difference for your beneficiaries.

PM me if interested ka

PAREHAS LAGEH TA OG BRAIN!!HMMM..IMG KA BRO?Lahug team?

[Metz]

yup yup.

[lord]

Philam life!

[istoryamember]

@istorya:

basics is you buy pure term life insurance which is super cheap. But since you get to save from it compared to standard life insurance, you invest what you save to mutual funds. so if something happens to you you get life insurance PLUS your savings in mutual fund. Standard/Common life insurance will just give you the insurance promised but actually the common formula is this

amount risked by insurance company = total insurance - your total savings
600k=1M-400k

so if the insurance is 1M, but you have saved 400k in your lifetime, they will just add 600k to complete the 1M.

so the only time they are actually risking 1M is when you started your life insurance.

but with Buy term invest the difference(BTID), you get the 1M + your total savings in mutual funds. its a very HUGE difference for your beneficiaries.

PM me if interested ka

Asa man pud ta mag buy ug term life insurance?

[honey2723]

What you should consider in buying life insurance:

- Identify your risk exposure (risk management)
- Estimate replacement cost (insurance planning)
- Stability and reputation of the insurance provider
- Financial strength of the company...

Rule of thumb: Life insurance coverage should be at least 10x your annual expenses.