08/05/2021
VUL (Variable Universal Life) - is a product that has an INSURANCE and an INVESTMENT component (MUTUAL FUND LIKE) that earns through COMPOUNDING INTEREST ANNUALLY (4 to 10%)
Why you need ?
SEE SAMPLE COMPUTATION BELOW.
✅FINANCIAL INVESTMENT - You are invested in several companies and high quality stocks managed by professional fund managers. Why not let your money work for you? They say if you are still poor at 35, you deserve it. Or maybe you just need to have an investment opportunity.
✅HEALTH INSURANCE - are you financially ready when critical illness strikes? The cost of hospitalization and medication is expensive. Health insurance is included in this package that covers 60 critical illnesses so you have peace of mind while achieving your life's milestone.
✅PROTECTION - How much is your value? You are priceless! How much do you earn for your family to live? What if suddenly you are no longer there? You don't buy life insurance because you are going to die. But because your family and loved ones has to live. Your dreams for your family don't die with you. This is the purpose of life insurance - not for ourselves but for the ones we love.
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Sample Computation:
Male | 25-yr old | Non-Smoker
Investing 3,038.07 monthly or 9,066.23 quarterly
Payable in 10 years
Mode of Payment: Cash, Check, or Credit Card
Life Insurance Coverage : P1 000 000
Accidental Death Benefit : P1 000 000
Hospital Income Benefit : P1 000 per day up to 1000 days
Projected return at age 60 : P3,711,661
Projected return at age 70: P9,934,613
Projected return at age 99: P173,183,464
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