15/05/2023
HAPPY MOTHERS DAY to all our beloved Mom's out there. ๐
Convo with a client:
Client: Maganda naman ang life insurance, bakit konti lang meron nyan?
Me: 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 na yan"
"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 Xs Max."
"Grabe ang ganda ganda sa Japan. Ito pictures namin sa cherry blossoms, Disneyland, Universal Studios, Kyoto at Osaka o. 15 days kasi kami dun so nalibot namin lahat."
"Nag-open kami ng franchise ng Potato Corner sa mall na yan. Dun naman sa school ni Junjun mag Gong Cha franchise naman kami."
Insurance are none of those things.
You cannot simply brag to your friends that you have a 4M death benefit, plus 2M accidental death, 1M disability benefit, 2M critical illness benefit, and more. You cannot also mention that your parents or relatives acquired a 10M, 20M, 45M 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Cars, gadgets, appliances will be outdated and get obsolete one day, but your VUL will appreciate over time.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.
Message me if you want to know more ๐
Ps. Perfect gift din ito to all our Moms this Mothers day. Happy Mothers Day to all our beloved Moms out there. ๐ฅฐ
Ctto
๐ฉโ๐ผ Mary Jane Ann Llaneta
โ๏ธ Licensed Financial Advisor