Kcfapi de Bataan FC Assistance

Kcfapi de Bataan FC Assistance Of Service to all Brother Knights of Columbus and their families secure their future by providing life protection and financial security.

What's New with KCPAFI ??
16/11/2025

What's New with KCPAFI ??

KCFAPI Insurance now protects a 22 year old Brother Kinght!
25/02/2024

KCFAPI Insurance now protects a 22 year old Brother Kinght!

For the love of Family... A Sister from the Knights of Columbus family is now KCFAPI Protected! 🙏
25/02/2024

For the love of Family... A Sister from the Knights of Columbus family is now KCFAPI Protected! 🙏

A Worthy Sir Protected by KCFAPI!
25/02/2024

A Worthy Sir Protected by KCFAPI!

Another Worthy PGK Protected by KCPAFI! Vivat Jesus!
25/02/2024

Another Worthy PGK Protected by KCPAFI! Vivat Jesus!

2024 ANNUAL SALES KICK-OFF
29/01/2024

2024 ANNUAL SALES KICK-OFF

Here is where to get in touch with us at the headquarters !
19/01/2024

Here is where to get in touch with us at the headquarters !

18/01/2024

Some mental exercise

How much insurance coverage do you really need? Usually financial advisors say that at least 10 years Ng annual salary natin ang ideal worth Ng insurance coverage.

So the formula should be:
annual income x 10 years
In my case that would be around 11.7 million php

Then of course ibabawas mo Dito Yung current na coverage na meron ka

Let's put myself as an example:
11.7million target coverage
Less 3.5M coverage - current insurance at work
Less 800k coverage - current KCFAPI coverage
Less 3.5M coverage - current coverage with other insurance companies

That leaves me with 3.9M na kulang sa coverage.

So paano ito? There's a way to get a big coverage for a low cost. Dito papasok ang term insurance
(In my age, a 3.9M coverage for KC term protect 5 is only 18,641php a year)

Another rule of thumb, dapat ndi lalampas sa 5 percent Ng annual salary mo ang I allocate na budget mo sa insurance (in my case it's the premium is only around 1.5 percent of my annual income) , bakit? Ito ay para makapag allocate ka pa Ng ibang funds sa "pure" investments with the growth of capital in mind.

So here is the summary:
1. Insurance and investment are 2 different aspects of financial planning. To get the most out of your savings, Treat them separately not to combine them.
2. Term insurance is value for money, lowest cost with maximum coverage
3. As you age, the importance or insurance diminishes (e.g. your children should be financially independent by the time you reach your retirement years). Your other investments (e.g. stocks, bonds, mp2, coops, pensions, digital banks, time deposits) plus allocation for health insurance, hmos, and philhealth should be your financial foundation by this time. Having insurance protection by old age is more of estate protection at this point.

Hmmm. You may ask, paano kung ndi kaya ang 10 years na equivalent Ng annual income? You can start at 3-5years as benchmark and work you way up from there.

Vivat Jesus.
Want to know how to compute for your ideal coverage? Pm me for details I can help you with the numbers. :)

Address

Roman Highway Cor Sitio Maligaya
Maligaya
2111

Telephone

+639338770538

Website

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