15/08/2022
CONVERSATION WORTH READING
Client : Maganda naman ang life insurance, bakit konti lang naniniwala at meron niyan? Mag-present ka nga sa friends and officemates ko.
Financial Advisor : Kasi insurance is not tangible. It is just a piece of paper. Hindi mo sya pwedeng ipakita basta basta. Hindi sya pwedeng ipagmalaki tulad ng:
"May bagong bahay ako sa Camella village”
"Kumuha ako ng 3-bedroom unit with 4 parking slots sa BGC."
"Approved na yung bank loan ko para sa Toyota Vios. Next week ko maiuuwi."
"Finally recontracting na ako sa Globe. Kukuha ako ng iPhone 13."
"Grabe ang ganda ganda sa Japan. Ito ang mga pictures namin sa cherry blossoms, Disneyland, Universal Studios, Kyoto at Osaka o. Fifteen days kasi kami doon so nalibot namin lahat."
"Nag-open kami ng franchise ng Potato Corner sa mall na iyan. Doon naman sa school ni Junjun mag-Gong Cha franchise naman kami."
Insurance are none of those things.
You can simply brag to your friends that you have a Php4M death benefit, plus Php2M accidental death, Php1M disability benefit, Php2M critical illness benefit, and more. That your parents or relatives acquired a Php10M, Php20M, Php45M life insurance coverage to prepare for their estate planning, retirement, and wealth transfer.😉
Pero alam nyo ba sir ano ba talaga difference ng insurance companies sa ibang bagay o bangko?
It is a piece of paper na kapag may sakuna will read,
"We owe you money" instead of it saying "You will owe us."
We generate revenue not debt.
Cars, gadgets, appliances will be outdated and get obsolete one day, but your VUL will appreciate over time.
The earlier you save, the wealthier you will become. Set your financial priorities well.
