Financial Advisors Pru Life UK

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Financial Advisors Pru Life UK

We provide flexible and affordable life and variable universal life insurance policies for our prospect clients.

If you have some inquiries or would like to avail our financial products, feel free to contact me for apppointments.

15/12/2021

When was the last time you visited your dentist?🤔

You need to schedule an appointment now before your Dental Insurance Benefits Expire!🦷⏳
👉https://marinadistrictdentistry.com/contact

13/12/2021

👉There were 42 states that had wind energy projects in the US in 2020.

👉This generated around 338 billion kWh.

👉The top 5 states that produced wind energy are Illinois, Iowa, Texas, Oklahoma, and Kansas.

🤝Let’s support and .🔆🍃🌊

28/02/2021

What Is Estate Planning?

Estate planning is when you are planning on the distribution of your wealth and assets in case you suddenly pass away. In the Philippines, the estate tax rate is 6% based on the net value of your estate.

For instance, your parents own a 1.5M house & lot and you inherit that asset when they pass away. Say, its net estate value is 1.4M, then multiply that by 6%, your estate tax is Php 84,000.00 (that’s expensive!).

If your parents already have life insurance before anything happens to them, then that solves your cash for paying estate taxes.

27/02/2021

I Have A Life Insurance, Can I Use that as Mortgage Redemption Insurance (MRI)?

When you’re getting a car or house loan, the lending institution will require you to get mortgage redemption insurance (MRI), so that the insurance company pays the outstanding balance in case something happens to you.

When you have your own life insurance, you are saving another cost from availing MRIs from lending companies.

Get in touch with me today for your free customized proposal.

26/02/2021

What are the New Case Rate Packages from PhilHealth?

PhilHealth is now adapting a case rate package for giving specific coverage for certain diseases when you’re confined in an accredited PhilHealth medical service provider. Below are some of the new rate packages.

Dengue I = Php8,000
Dengue II = Php16,000
Pneumonia I = Php15,000
Pneumonia II = Php32,000
Essential Hypertension = Php9,000
Cerebral Infarction I = Php 28,000
Cerebro-vascular Accident + Hemorrhage = Php38,000
Asthma = Php9,000
Typhoid fever = Php14,000

If you feel that your PhilHealth isn’t enough, then enjoy extra medical reimbursements and hospitalization with life insurance. Need a free proposal? Contact me today.

21/02/2021

I Have An Insurance with My Employer, Should I Still Get One?

Well, most insurance policies offered by employers are group insurance, and you stay protected when you’re still working in the company. However, what if you quit or lose your job someday, that means you’re no longer insured, right?

Besides that, group insurance has a lower coverage so it doesn’t suffice the rule of thumb that your coverage is 10x your annual income. Therefore, your best choice is to grab that company insurance while you secure another one outside your company.

With that, you’re saving time and money, while having peace of mind.

20/02/2021

Are You Allowed To Insure Anyone?

You can insure anyone as long as there is an “insurable interest” to that individual. It means you will financially suffer if that person dies. In line with this, the common people you can insure are your parents, spouse, live-in partner, or your business partner.

Talk to your financial advisor to ask for some advice or request a customized insurance policy that matches your financial need and budget.

19/02/2021

10 Best Philippine Banks for Time Deposits

Are you planning to avail time deposit from your local bank? Here are the 10 best Philippine banks offering good time deposit rates.

City Savings Bank
fixed-rate time deposit = 4%
Amount = 10M
Term = 5yrs + 1d

PBCOM Sure Earner
Interest rate = 2.50%
Amount = 50,000
Term = 5yrs + 1d

Robinsons Bank Peso Time Deposit
Interest rate = 2.50%
Amount = 5M
Term = 5yrs + 1d

Sterling Bank of Asia Maxima
Interest rate = 2.375%
Amount = 5M
Term = 5yrs

RCBC
Interest rate = 2.125%
Amount = 100K
Term = 5yrs + 1d

BPI
Interest rate = 0.1875%
Amount = 50K - 500K
Term = 1yr

BDO
Interest rate = 0.1250%
Amount = 50K - 100K
Term = 1yr

Chinabank Regular Time Deposit
Interest rate = 1.45%
Amount = 5M
Term = 360d

East West Bank
Interest rate = 1.375%
Amount = 10K
Term = 5yrs

Metrobank
Interest rate = 1.25%
Amount = 5M
Term = 6mos

Nevertheless, you can also avail of an insurance policy with investment, so you can grow your money higher than time deposit. Also, you can partially withdraw your investments anytime in the future.

For your free customized proposal, get in touch with me today.

13/02/2021

5 Reason Why It’s Ideal to Get An Insurance While Young

We understand that you’re young, lively, healthy, and not yet getting married, so you have no children as dependents yet. Moreover, you’re still having an entry-level job, so why do I bother getting insurance that adds to my billing, right?

The truth untold, when you’re in your 20s and 30s, that’s the best time to get life insurance, and here are the 5 reasons why...

#1 Affordable premiums
You get a cheaper premium for better coverage and benefits, and this is locked-in until you need it.

#2 Frees your loved ones from any financial obligation
You’ll need to have insurance to avail loans so that if something happens to you, your insurance pays your debt and gives the remaining to your loved ones.

#3 Growing your money better than a time deposit
If you’re getting a policy with investment, then your money grows higher than time deposits. You can also partially withdraw these funds for your future projects.

#4 You’re already covered even when you don’t have children yet
It’s best to start saving early, so by the time you have kids, you’re already insured and when your investment has grown, you can partially withdraw some of it for your children’s education.

#5 Backup cash for hospitalization or for your retirement
Insurance has cash benefits that cover your hospital bills, so your bank savings will be untouched.

Talk to a financial advisor today, for your free proposal, message me.

12/02/2021

How Much Life Insurance Do I Need?

This is one of the common questions of people who plan to get a life insurance policy. Well, here’s a simple way on how to calculate how much coverage you need to get.

A = Monthly income + Savings
B = debts + monthly expense
Coverage Gap = A - B
Annual Gap = Coverage Gap x 12 months
*years to protect income = retirement age - current age
Insurance Coverage = Annual Gap x [years to protect income]

Sample Computation
A = 25,000 + 50,000 = 75,000
B = 10,000 + 12,000 = 22,000
Coverage Gap = 75,000 - 22,000 = 53,000
*years to protect income = 60 - 25 = 35
Annual Gap = 53,000 x 12 = 636,000
Insurance Coverage = 636,000 x 35 = 22,260,000

Do you want a free proposal without any obligation? Message me today.

11/02/2021

15 Best Small Business Ideas in Philippines 2021

It’s time to rise up this 2021 and here are some small business ideas you can consider today. Before you start a business, make sure to make a SWOT analysis, so you know what you are diving into.

Online Selling
Service repair for smartphones and computer
Events Organizing
Photography services
Personal gym trainer
House and office cleaning service
Personalized gifts and souvenirs
Repair and installation of aircon units
Food delivery service
Car detailing service
Virtual assistance business
Social media marketing services
Smartphone Load business
On-call automobile mechanic
Insurance and real estate agent

05/02/2021

Can I Have Multiple Life Insurance Policies?

Absolutely, you can and you can have that from either the same insurance company or not. Also, it’s good if you have one term life insurance policy and one whole life variable unit-linked insurance policy.

With that, you have a short-term and a long-term savings program that will fund your retirement and business ventures in the future.

If you like to know more about our term and whole life insurance policies, then feel free to message me today!

Address

Cebu City
6000

Telephone

+639052609806

Website

https://www.prulifeuk.com.ph/en/

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