28/09/2021
๐๐๐ Read it & absorb it ๐๐๐
Na-introduce ang Variable Unit Link (also known as investment-linked life insurance or unit-linked life insurance) noong 2002 dito sa Pilipinas sa pamamagitan ng Pru Life U.K.
Labing-anim na taon na ang nakalipas, iilan pa lang din ang may alam neto.
Kahit nga mga mayroong V.U.L. policies, hindi rin nila alam na V.U.L. pala ang tawag sa nakuha nila. (Napilitan lang po ba kayo kumuha noon? )
๐โ๐ฝ
Ngayon po ay ating himayin kung ano ba ang V.U.L.
Bakit nga ba Variable ang nasa V.U.L.? Dahil kahit "barya-ble" lang, "kaya-ble" nang mag-invest at magpa-insure?
Sabi ni Heraclitus, a Greek philosopher, "Change is the only constant in life".
VARIABLE
So from the word variable, it is likely to change or to be changed or not always the same. The 'variable' component in V.U.L. refers to the investment in different accounts whose values varyโthey vary because they are invested in stocks, money market, and/or bond markets.
Kaya nga when we do proposal, the fund performance today might not be the same last year or two years ago. Depende pa rin talaga sa performance ng stock market and how the fund manager handles the different investment funds.
UNIT
When you start a V.U.L.(depending on the fund allocation of a plan) just like in mutual fund or U.I.T.F.(Unit Investment Trust Fund), you are buying "units" in any of the legal financial instrument like bonds or stocks. Ang โunitsโ ang naka-invest. Kaya kapag kumita eto the current year, ii-invest ulit eto the next year and so on hanggaโt gusto mo naka-invest ang pera mo.
It will depend naman on your risk-appetite kung saan ka pwede na fund mag-iinvest. There will be an investment questionaire o risk profiler. Kung sa stocks ba? Sa bonds? Or combination? Baka kasi sisihin mo ang iyong agent (Financial Consultant o Financial Advisor)kung bakit hindi kumikita ang pera na ininvest mo at iwithdraw mo eto agad. Kung mangyari man eto, ipapaalala ni agent iyong pinili mong fund ay base sa sinagutan mo dito.
LINK
The 'units' or investment kasi are linked to a life insurance plan or income protection plans, kaya siya Variable Unit Link. Kaya pwede rin mag-vary ang death or life insurance benefit depende sa performance ng fund.
โข
Last year, Pru Life U.K. coined the term insuravest which referred to V.U.L. Insuravest are from the combined words insurance and investment which are the main components of V.U.L.
SUMMARY
โขVariable -different funds and the changing fund performance
โขUnit- financial instruments like bonds, stocks, etc. where the premiums of an insured are bought into these units
โขLink- the life insurance plan or income protection plans is/are linked to an investment
Kaya sa pamamagitan ng V.U.L., hindi na kumplikado kung paano mag-invest at maging protektado.
Talk to a Financial Consultant or Financial Advisor on how to have a V.U.L. and how this financial product can help you with your needs or goals.
(Source: Money-summit.com)
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