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#21 xuaeenr

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Posted 01 September 2005 - 06:27 PM

Question po - my pension plan at Philam expired due to overdue premium just last month. Is there a chance I can get this policy reinstated? What are the requirements?

#22 Carlos14th

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Posted 01 September 2005 - 06:54 PM

yes, you can reinstate it. Normally you are gicen 60 days grace period.But kung last month lang ang due mo, you don't need to reinstate it. You have the 60 days grace period. If its beyond the 60 days period, ask for a reinstatement form. No medical exam needed.

#23 hilars888

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Posted 21 September 2005 - 11:48 PM

All kind of insurance....you can pm me from life to non-life.....no pre-need......big discount....quality service.......

#24 financial advisor

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Posted 27 September 2005 - 09:05 AM

word of caution when registering your vehicles annually....they MAY be fly-by-night companies.....pls read on..

TAKEN FROM PDI
Vehicle insurance fraud alarms gov't
Posted: 2:29 AM | Sept. 27, 2005

Doris C. Dumlao
Inquirer News Service
Nearly half of motorists holding fake certificates of coverage

THE government is alarmed over the surging incidence of fraud uncovered by the Insurance Commission among vehicle insurers providing compulsory public and third-party liability (TPL) coverage.



In an inter-agency government meeting Friday, the commission reported a proliferation of fake certificates of coverage, which led to non-payment of claims to affected motorists and taxes to the government.

At the meeting were top representatives of the Department of Transportation and Communication, Department of Finance and the Land Transportation Franchising and Regulatory Board.

The Insurance Commission said the collectible TPL premiums being reported to the government were much lower than should be collected based on the number of private vehicles registered with the Land Transportation Office (LTO), indicating leakages from taxable premiums on vehicle policies.

For instance, of the 4.3 million vehicles registered with the LTO in 2003, collectible premiums should be about P2.57 billion but only P1.38 billion was reported, the commission said. This means that nearly half of the vehicles covered were issued with fake certificates of coverage

"Those which reported are the legitimate insurers. The others are fly-by-night and therefore, the policies they issued were fake," said a source privy to the meeting.

#25 financial advisor

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Posted 04 October 2005 - 09:29 PM

MARINE CARGO INSURANCE
Basic Coverage-covers risks of loss or damage to cargo during transit BY SEA, AIR OR LAND CONVEYANCE.

Features of Philam Marine Program
>Customized transportation coverages. We offer tailor-made coverage to suit the precise insurance needs of each client
>Competitive pricing
>Annual or open contracts
>Multinational or regional program
>Risk management/loss control engineering. Our engineers and specialists can conduct on-site surveys, identify potential hazards, develop loss prevention guidelines, and help clients implement loss control and quality improvement programs
>We regularly review rates of your client depending on the insurance performance
>Global reach. We utilize our worldwide marine claims service network in over 130 countries and jurisdictions
>Expert claims service. When a claim occurs, we respond quickly, delivering high-quality service and ensuring effective claims management and recovery.

Anyone involved in shipping or transport of cargo such as importers, exporters, manufacturers, and wholesalers? Kindly PM me if you interested.

#26 financial advisor

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Posted 11 October 2005 - 09:03 PM

OVERSEAS STUDENT TRAVEL INSURANCE
2 Types of Plan:

Short Term( Up to 4 mos)
Long Term(5-12 mos)

Anyone interested? PM me and il send you the details :)

#27 financial advisor

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Posted 14 October 2005 - 12:56 PM

COMPREHENSIVE GENERAL LIABILITY protects the insured against legal liability for Property Damage or Bodily Injury arising out of the ownership, maintenance, or use of the premises and all the operations which are necessary or incidental to the business.

Usually covers the following hazards:
1. Premises operations
2. Elevators/Escalators
3. Independent Contractors
4. Product Liability
5. Completed Operations


The coverage may be extended to include:
Employer's Liability Insurance
>protects the insured from legal liability to pay damages because of bodily injury by accident or disease, including death of an employee of the insured arising out of and in the course of employment.

Automobile Liability Insurance
>protects the insured from legal liability to pay damages because of bodily injury or property damage to thrid party caused by an occurrence and arising out of the ownership, maintenance or use, including loading and unloading, of any automobile.

#28 financial advisor

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Posted 24 October 2005 - 03:48 PM

Anyone here familiar with Variable Life insurance? Or has an existing variable life account? :)

#29 sativus

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Posted 29 October 2005 - 12:15 PM

any of you guys now what's the best insurance to get and where? :)

<{POST_SNAPBACK}>




:mtc: ........coz it has a pension, an insurance for 5 years and medical reimbursement for you and your immediate family pm mo ko for more details

#30 Guest_airmax_*

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Posted 07 November 2005 - 12:17 PM

paano kung di mo binayaran ung monthly mo sa insurance. i penalized ka ba nila nyan? pede mo bang i claim ung nabayaran mo na before?

#31 xcalibr

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Posted 07 November 2005 - 12:49 PM

do you also have TPLs? Please PM for more details.

#32 fungzoi

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Posted 07 November 2005 - 08:02 PM

any of you guys now what's the best insurance to get and where?



INSURANCE SA CASINO BLACKJACK GUSTO MO?

#33 financial advisor

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Posted 08 November 2005 - 06:28 PM

airmax,

what kind of insurance plan do you have. if you have missed a premium or payment, you still have time to save your plan. this is also called grace period. this varies but the usual grace period is 30-60 days from due date.


xcaliber,

yes, we have tpl. i will send you my contact info by pm. thnks!

#34 financial advisor

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Posted 05 January 2006 - 12:29 AM

ONE TIME $ INVESTMENT LINKED INSURANCE PLAN

Initial Invesment/Premium: $2000
Additional(anytime): $500

Program: Variable Life Insurance
Description: Investment with insurance coverage
Benefits: Living(Account Value or investment portion) and Death benefit(life insurance portion)

INVESTMENT(Account Value)
Performance/Yield since AS OF YEAREND 2005 since inception in July '05
Dollar Bond Fund 13%
Global Bond 6%

INSURANCE
The death benefit is the higher of the Account Value or minimum death benefit. Death Benefit is computed:

1.125% of single premium, plus
2. 125% of additional subsequent investment, less
3. 125% of each partial withdrawal

PLS PM ME IF YOU WANT FREE APPOINTMENT. I appreciate discussing all of these in person. Non-commital.Thank you.

#35 jt2003

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Posted 08 January 2006 - 12:56 PM

what kind of insurance plan do you have. if you have missed a premium or payment, you still have time to save your plan. this is also called grace period. this varies but the usual grace period is 30-60 days from due date.
xcaliber,

<{POST_SNAPBACK}>

Remember also to check your policy for default options. A good agent would have had you take the automatic premium payment if you have a participating policy. If you miss a payment, the insurance company will make it on your behalf using your accumulated dividends, assuming of course that you already have accumulated dividends. If you have no more dividends because they were used up to pay premiums (assuming that the policy has been in force for a number of years), there's the automatic premium loan option if your policy already has cash value. The real problem occurs when you miss a payment beyond the grace period and your policy lapses before you've accumulated dividends or cash value...or when the policy is still contestable. When that happens and you reinstate your policy, you begin from Year 0.

#36 Guest_wackeen_*

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Posted 10 January 2006 - 12:48 PM

paano kung di mo binayaran ung monthly mo sa insurance. i penalized ka ba nila nyan? pede mo bang i claim ung nabayaran mo na before?

<{POST_SNAPBACK}>



unang-una, may grace period ka that gives you extra time to make payments. But honestly, kung nag-monthly mode ka ginawa mo yun dahil gusto mong maliit ang payment mo. You should be able to make the payments regularly kasi magaan sila.

ano ginagawa ng meralco ko pag di ka nagbayad? disconnection di ba? same thing sa insurance, if you dont pay your coverage stops and you are no longer protected. however you can reinstate your policy and reactivate your coverage. of course, you have to pay the back premiums plus surcharges.

basically hindi mo puedeng i-claim ang nabayaran mo na. there is a cash value but this is only a fraction of what you paid, and companies follow government guidelines (nasa insurance code) on how much this should be. may bawas na yun dahil:
1) may nagastos na ang company by issuing your policy. in fact kadalasan abonado pa nga ang company dahil sa mga taxes, commissions, at ang reserve.
2) may na-enjoy ka nang protection habang inforce pa yung plano mo. hihingi ka ba ng refund sa botica para sa vitamins na ininom mo ng isang buwan, dahil hindi ka naman nagkasakit? Or ipaparefund mo ba ang payong na binili mo just because hindi pala umulan?

remember that when you compare how much you pay to how much protection you get ang layo.. and to be able to assume that risk the company has to protect the funds contributed.. and this includes being a bit strict on those who will stop paying, if only for the good of those who will continue.

#37 THUG

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Posted 10 January 2006 - 01:59 PM

is there an insurance for people with no beneficiary? i'm looking for a hospitalization and disability insurance only..

something to keep me alive when i cannot work anymore.. but i don't need to have a beneficiary..

#38 jt2003

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Posted 11 January 2006 - 11:24 AM

is there an insurance for people with no beneficiary? i'm looking for a hospitalization  and disability insurance only..

something to keep me alive when i cannot work anymore..  but i don't need to have a beneficiary..

<{POST_SNAPBACK}>


Yes, there are. The hospitalization thing is a bit tricky, though. For instance, when my father suffered a stroke, we couldn't use his hospitalization insurance because it provided for injuries caused exclusively by accidents. If you do take out a hospitalization policy, be very clear if it covers only hospitalization from accidents. You might want to insist on coverage for sickness. This will probably require a medical examination unless your agent has a high coverage limit.

I also used to have what was called an "income continuance plan" whereby you receive monthly or lumpsum benefits in case you're disabled and unable to work. I got it when there was still a Citytrust bank. It was continued for many years under BPI...then stopped. The sudden stop was actually a violation of the policy, but I just grew tired of the runaround I was getting from BPI.

The downside to such plans is that there's usually no cash value provision. There's no surrender value. The upside is that some plans will give your money back if nothing happens to you during the plan's term.

#39 George Estregan Lives

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Posted 12 January 2006 - 02:35 PM

Uy, OK pala ito ha? Sama ko na din yung insurance products na ino-offer ng GSIS. Eto iyong non-life insurance namin. Kaso this is limited lang sa mga GSIS members and their dependents. Sayang nga kasi gusto naming icover pati non-members, kaso ayaw kaming payagan ng Insurance Commission. Masyado kasing mura products namin.

Anyway, for our enhanced non life, meron kaming Motor Vehicle (comprehensive), Fire Insurance/Personal Accident, Property Floater, Marine and Aviation, Bonds, etc.

Sample lang, sa motor vehicle. Kadalasan yung comprehensive sa P650K worth na brand new na sasakyan ranges from P25,000 to P30,000.

Sa GSIS, it's as low as 1.6 percent ng value nung sasakyan. So for the same type of vehicle, you pay only P10,400. So easily, for the same insurance cover, makakatipid ka ng about P19,000. DI na masama di ba?

Kaya kung GSIS member ka, or asawa, anak, or magulang ka ng member, go to any GSIS offices to get this, or call GSIS General Insurance at 891-6352.

Thanks.

#40 financial advisor

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Posted 16 February 2006 - 08:11 AM

ONE TIME $ INVESTMENT LINKED INSURANCE PLAN

Initial Invesment/Premium: $2000
Additional(anytime): $500

Program: Variable Life Insurance
Description: Investment with insurance coverage
Benefits: Living(Account Value or investment portion) and Death
benefit(life insurance portion)

INVESTMENT(Account Value)
Performance/Yield since AS OF YEAREND 2005 since inception in July '05
Dollar Bond Fund 12%
Global Bond 6%

INSURANCE
The death benefit is the higher of the Account Value or minimum death
benefit. Death Benefit is computed:

1.125% of single premium, plus
2. 125% of additional subsequent investment, less
3. 125% of each partial withdrawal


As of February the net yield is 14.78% for the Dollar Bond Fund and 6.94%
for the Global Bond Fund. The returns are NON-GUARANTEED but based on
historical performance, the funds have been performing way over the
projections. You can just imagine how much is the return on a full year!
Not only this, the gains on the capital are tax free and there is no
holding period like time deposits or trust funds.


If anyone is interested kindly PM me. Thanks




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