Insurances

[launchpad]

actually i dont know kse im out of the country, this was just offered to me, yah i think its from the financials part of sun life.

 

seems wala kumuha dito or gusto mag explain.

 

kahit pm nyo ako thanks

[parbust3r]

i personally find these endowment plans to be very expensive. If you want to be insured the rule is "buy term and invest the rest"

If you do so you will be more liquid and you will have more money. Pretty good combination eh?

[Dr_PepPeR]

actually i dont know kse im out of the country, this was just offered to me, yah i think its from the financials part of sun life.

 

seems wala kumuha dito or gusto mag explain.

 

kahit pm nyo ako thanks

<{POST_SNAPBACK}>

 

 

i personally find these endowment plans to be very expensive.  If you want to be insured the rule is "buy term and invest the rest"

If you do so you will be more liquid and you will have more money.  Pretty good combination eh?

<{POST_SNAPBACK}>

 

I agree with parbuster, endowment plans are usually very expensive but it all depends on what you want. Another way of doing this is opening a trust account with provisions for beneficiaries, and you get to control where the investments go. Insurance is just another form of investing and it has a specific purpose, which for me is having instant cash for beneficiaries when the insured passes away (as you know, the heirs will be saddled with a number of expenses). For getting the most out of your money, investing in other outlets will be your answer.

[launchpad]

dr pepper. . .

 

thanks for explaining further , the thing is im just new in investing and i dont have much clear sight of i want kse i dont know much to start with. its like buying a car you started only wanting basta fast, cool looks, good car but as you go along you begin to understand the engine, the dynamics the twist and turns of evolving your car. same as here, can you help me out ??

 

thanks . . . to those who reply thanks i really appreciate this

[Dr_PepPeR]

dr pepper. . .

 

thanks for explaining further , the thing is im just new in investing and i dont have much clear sight of i want kse i dont know much to start with. its like buying a car you started only wanting basta fast, cool looks, good car but as you go along you begin to understand the engine, the dynamics the twist and turns of evolving your car. same as here, can you help me out ??

 

thanks . . .  to those who reply thanks i really appreciate this

<{POST_SNAPBACK}>

 

I have a powerpoint presentation on something I used to lecture. It's called "Investments 101". Give me your email addy and I will send it to you. It is a bit skewed towards UITFs but at least you know.

[parbust3r]

I have a powerpoint presentation on something I used to lecture. It's called "Investments 101". Give me your email addy and I will send it to you. It is a bit skewed towards UITFs but at least you know.

<{POST_SNAPBACK}>

 

 

Hi DP,

sent you a PM with my email addy. can you send me that file too? pretty please? loks very interesting.

[rickyv]

anyone needs comprehensive insurance? Paramount insurance is the answer, funded by the world bank kaya safe na safe.

I can even process your car registration para wala na kayo problema.

 

rickyv, madali kausap.

 

your insurance, our assurance!

[Accountability]

Meron akong fully-paid (56K) pension-type plan from a pre-need company. After 12 more years, I should be paid annually for 5 years (total amount 250K).

 

The company is not big. Actually, their office of 50 people, has now shrunk to a mere 3 rooms.

 

I am sure the company will close before the maturity of my plan. Sinagest lang kasi ng nanay ko to dati (kasi naging agent sya). Merong clause sa contract about the funds being placed on a trust fund and that in a worse event, that trust fund would pay the plan owners. Not quite sure wether the payment will be the return of the original paid amount (i.e. 56K) or the whole proceeds come maturity.

 

Ang tanong: intayin ko pa ba ang maturity or pre-terminate ko na (only 47K ata)?

 

Paki-explain din sana yung regarding sa trust-fund as a guarantee of payment for the plan holders.

 

 

Maraming salamat sa inyong feedback.

[ethan_clark16]

I have a powerpoint presentation on something I used to lecture. It's called "Investments 101". Give me your email addy and I will send it to you. It is a bit skewed towards UITFs but at least you know.

 

 

Hi Dr_PepPer,

 

Could you send me also that lecture? Im planning to invest my hard earned money and it will be very helpful.

 

My email ad is: ethan_clark16@yahoo.com

 

Thank you in advance!

[LYCHEE]

Meron akong fully-paid (56K) pension-type plan from a pre-need company. After 12 more years, I should be paid annually for 5 years (total amount 250K).

 

The company is not big. Actually, their office of 50 people, has now shrunk to a mere 3 rooms.

 

I am sure the company will close before the maturity of my plan. Sinagest lang kasi ng nanay ko to dati (kasi naging agent sya). Merong clause sa contract about the funds being placed on a trust fund and that in a worse event, that trust fund would pay the plan owners. Not quite sure wether the payment will be the return of the original paid amount (i.e. 56K) or the whole proceeds come maturity.

 

Ang tanong: intayin ko pa ba ang maturity or pre-terminate ko na (only 47K ata)?

 

Paki-explain din sana yung regarding sa trust-fund as a guarantee of payment for the plan holders.

Maraming salamat sa inyong feedback.

 

Para sa akin, trust your instinct. Mahirap nang magtiwala pa sa mga pre-need companies pagkatapos ng paglugmok ng PMP at CAP. Kahit may trust fund, you are not sure how much is left in their bank coffers. If you know someone from SEC which regulates these companies, he would be most likely to know better.

[miggs101]

For those who are interested in saving money to buy your future pm me for details, i can help you find the right company where to invest your money

[miggs101]

For those who want to save money to buy your future pm me so we could set up an appointment, im a sunlife agent and i can help you invest your money to fight inflation

[czekloy]

i personally find these endowment plans to be very expensive. If you want to be insured the rule is "buy term and invest the rest"

If you do so you will be more liquid and you will have more money. Pretty good combination eh?

 

I agree big time with parbuster! Endowment or permanent plans are very expensive. The main point of a life insurance is to leave something to your creditors and/or beneficiaries in case of death. So why pay a lot for a life insurance premium if you could pay less. A permanent plan costs more compared to term plan. Sabi nga ni parbuster, "Buy term and invest the rest!". But of course, depende pa rin sa bibili kung ano ang gusto niya. Kasi if you're after the life insurance part, I suggest term plan na lang ang kunin. Pero kung may investment on the side of the life insurance part, syempre permanent plan yun.

 

PERO MAS MAGANDA KUNG PRESYONG TERM TAPOS MAY GUARANTEED INVESTMENT RETURN (unlike sa permanent plan na hindi guaranteed ang returns)!

 

So, you might want to check out my comparative analysis with banks and the company I'm part of, National Life Insurance Company at http://ph.88db.jobsdb.com/PH/Views/PostDet...px?PostID=70953. Eto ang original na "Buy term, Invest the difference!".

 

Cheers!!!

[czekloy]

I agree big time with parbuster! Endowment or permanent plans are very expensive. The main point of a life insurance is to leave something to your creditors and/or beneficiaries in case of death. So why pay a lot for a life insurance premium if you could pay less. A permanent plan costs more compared to term plan. Sabi nga ni parbuster, "Buy term and invest the rest!". But of course, depende pa rin sa bibili kung ano ang gusto niya. Kasi if you're after the life insurance part, I suggest term plan na lang ang kunin. Pero kung may investment on the side of the life insurance part, syempre permanent plan yun.

 

PERO MAS MAGANDA KUNG PRESYONG TERM TAPOS MAY GUARANTEED INVESTMENT RETURN (unlike sa permanent plan na hindi guaranteed ang returns)!

 

So, you might want to check out my comparative analysis with banks and the company I'm part of, National Life Insurance Company at http://ph.88db.jobsdb.com/PH/Views/PostDet...px?PostID=70953. Eto ang original na "Buy term, Invest the difference!".

 

Cheers!!!

 

CORRECT LINK FOR MY COMPARATIVE ANALYSIS OF TIME DEPOSIT IS AT http://ph.88db.jobsdb.com/ph/views/postDet...px?PostID=70953

[amoral89]

accountability,

 

di ko alam kung na-pre-terminate mo na plano mo o hindi pa pero comment na rin ako. Syempre alam naman natin na lugi ka sa transaction na yan, pero base sa binigay mong figures, yung termination value na sinasabi mo ay lumalaki over the years and it will be near the maturity value a year before the maturity date; kung ganun nga, baka pwede mo pang i-delay ng kaunti yung pag-pre-terminate mo para makabawi ka man lang (yan ay kung gusto mo talagang ipa-terminate yung plan mo).

 

Di ko rin naman kilala yung pre-need company na binabanggit mo pero may mga pre-need companies na ganyang kalaki na ang trust fund ay umaabot na sa 1.5 Billion. Kung kaunti lang kayong planholders ang nag-sha-share dyan sa fund na yan, I would think kaya mo pang patagalin plano mo. Yan eh mga naiisip ko lang. I hope it helps. =)