03/06/2025
๐๐ป๐ด ๐ถ๐ป๐๐๐ฟ๐ฎ๐ป๐ฐ๐ฒ ๐ป๐ด๐ฎ ๐ฏ๐ฎ ๐ฎ๐ ๐ป๐ฒ๐ฒ๐ฑ?
Tara tingnan natin.
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๐๐ป๐ฐ๐ผ๐บ๐ฒ ๐ฟ๐ฒ๐ฝ๐น๐ฎ๐ฐ๐ฒ๐บ๐ฒ๐ป๐
- What if you are taken out of the picture. Your capacity to earn income stops. Your future economic value drops to zero. If you want to cover for the financial impact it will have to your dependents, need mo may pampalit.
- When you die, 2 things has to happen. Someone or something has to replace you. Someone = maaaring asawa mo ang mag-doble kayod.
Something = insurance benefit ang magtutuloy
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๐๐ฟ๐ถ๐๐ถ๐ฐ๐ฎ๐น ๐๐น๐น๐ป๐ฒ๐๐ ๐๐ผ๐๐ฒ๐ฟ
- What if you get sick horribly? Malaking gastusan ngayon ang critical illness. Some doctors may require you big chunk of money agad. At least, if may insurance, may pagkukunan.
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๐๐ฐ๐ฐ๐ถ๐ฑ๐ฒ๐ป๐ ๐ฎ๐ป๐ฑ ๐๐ฒ๐ฎ๐น๐๐ต ๐๐ป๐๐๐ฟ๐ฎ๐ป๐ฐ๐ฒ
- may chance naman na hindi ka agad ma-take out of the picture, and hindi naman malala agad ang sakit, pero ang income mo ay magsuffer pa rin. That is if you encounter accident, surgeries, minor illnesses. Kahit nga 5 days ka lang mawala sa work, baka malaking impact na ito sa income mo. So you need to replace it. As complement sa mga HMO and philhealth na meron ka.
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๐๐๐๐ฎ๐๐ฒ ๐ฃ๐น๐ฎ๐ป๐ป๐ถ๐ป๐ด
- Legacy rin ang insurance. Do you want to grow your money? Or CREATE new money. Kasi sa insurance, after you sign the contract, you NET WORTH will increase agad kung magkano ang nilagay mong INSURANCE COVERAGE. That's RECEIVABLE already. Guaranteed yan.
- Gusto mo bang pamanahan ng real property worth 5M? You shell out 5M. Kotse pamana mo? Shell out 1M. And once they receive it, they receive it as is. If want nila gamitin sa ibang purpose, they have to liquidate. Mahirap magbenta.
- Estate taxes of 6% has to be paid. Multiply mo lahat ng NET ESTATE mo by 6%. Sample, 20M lahat ari-arian mo, 1.6M dyan ay mapunta sa taxes ng gobyerno. Insurance can be a NEW MONEY source to pay for the estate tax.
- It serves as your wealth distribution planner. Last will and testament? You can do that by irrevocably designating your beneficiaries upon application.
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๐ ๐ผ๐ฟ๐๐ด๐ฎ๐ด๐ฒ ๐ฅ๐ฒ๐ฑ๐ฒ๐บ๐ฝ๐๐ถ๐ผ๐ป ๐๐ป๐๐๐ฟ๐ฎ๐ป๐ฐ๐ฒ
- When you apply for a housing or car loan, you might be requested for an MRI. Kumbaga collateral ng bank. Need mo may ipakita as something that you own, so that when you will be UNABLE to pay, may hahabulin sila. When you die, may kukunan sila ng pera. That's why, pinapakuha ka ng INSURANCE even ng bank. If you have an insurance policy, you can assign it to the bank. No need to buy a separate one.
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๐๐ฒ๐๐บ๐ฎ๐ป ๐๐ป๐๐๐ฟ๐ฎ๐ป๐ฐ๐ฒ/๐๐๐๐ถ๐ป๐ฒ๐๐ ๐ฃ๐ฟ๐ผ๐๐ฒ๐ฐ๐๐ถ๐ผ๐ป
- When you want to protect your key person sa company or business, may it be the president, the board, or anyone vital to the organization, the Corporation can get an insurance (as the policy owner and beneficiary). Bale Life insured si Key Person. So if that person dies, the Corporation can use the Life insurance proceeds as TRANSITION COST. Pwede kasing need mag-hire ng bagong papalit sa management, training, new strat plan to mitigate losses. Doon papasok si insurance.
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๐๐บ๐ฝ๐น๐ผ๐๐ฒ๐ฒ ๐๐ฒ๐ป๐ฒ๐ณ๐ถ๐๐
- If you are a company owner naman or an employer, and you want to give your employees as part of their remuneration package ang insurance, pwede rin. Basically, you insure your employees, Corporation ang policy owner, beneficiaries ay ang family members ni employee. May corporations na prefer ang Group Insurances kesa HMO. Meron naman, both.
NOW, there are insurance plans out there na may Investment component. (Variable Unit-Linked policies) or VUL. Here are some reasons why people need insurance through VUL.
Purpose kasi ng insurance na habang nag-iipon ka for your investment goals, protected ka from life uncertainty.
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๐ฅ๐ฒ๐๐ถ๐ฟ๐ฒ๐บ๐ฒ๐ป๐ ๐ฃ๐น๐ฎ๐ป๐ป๐ถ๐ป๐ด
- Maraming VUL ngayon ang insurance components na at the same time ay inaallow rin si client makapag-invest sa chosen funds nila. Ang role lang ng insurance dito is para habang iniipunan ni Client ang kanyang retirement plan (through manula investing, SSS, MP2, VUL, etc.) ay protected sya sa anumang life uncertainty para hindi mahinto ang pag-iipon.
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๐๐ฑ๐๐ฐ๐ฎ๐๐ถ๐ผ๐ป ๐ฃ๐น๐ฎ๐ป๐ป๐ถ๐ป๐ด
- Same concept sa Retirement planning. Pero ang insurance ay not education plan nor retirement plan. Income protection ito.
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๐๐๐ถ๐น๐ฑ๐ ๐ต๐ฎ๐ฏ๐ถ๐ ๐ผ๐ณ ๐๐ฎ๐๐ถ๐ป๐ด ๐ฎ๐ป๐ฑ ๐ฏ๐d๐ด๐ฒ๐๐ถ๐ป๐ด
- Personal take ko ito ah. Nung bumili ako ng Real property ko, sabi ko noon, aside sa mga common reasons bakit nga ba bibili ng investment as real property, bibilhin ko to "Para hindi kung saan saan mapunta ang pera ko".
And it worked. Forced savings kasi. Mas naging conscious ako sa pera ko, sa gastos. Mas lumiit ang DISPOSABLE INCOME ko. Therefore, mas na-value ko kung saan dapat gastusin ang pera.
Now, if you see 1 or 2 reasons there that applies to you, and wala ka pang Insurance policy, consider getting one!
Ask your FA. If wala pa, PM me! ๐ฉ
