Best VUL (Variable Universal Life Insurance)?

[Ischaramoochie]

Nice topic and debates here, AXA vs SUN. Anyone from Grepa here? and SparxX?

I think my next plan will be Sun dahil maganda magpaliwanag si Madam Kithe. at curious ako sa Maxi.

In fairness with AXA, I have my kid enrolled for the educational.

And since nagiging masikip ang pisi ay naiisip ko pa rin na iinsure din ang aking misis. Ano kaya affordable?

if budget is the concern, get term insurance for her until you have saved up for a more permanent plan with savings.

[msaber69]

of my 100K investment, only 94K was actually remitted as 6K is the upfront charge that time, so, ang 94K naging 118K when I withdraw it. Very low for me really since it was an equity link fund, so, the return should be higher, anyhow, as it was 100K investment, i was covered for 125K in case something happens.

For BTID naman, at my age of 34, I pay 10K per year for a coverage of 1M.

As for the my 118K, i put them in Mutual Funds and cost averaging in Stock Market . . .

san yan 10k per year for 1M coverage?

[Under_the_Sun]

Nice, we are educating Filipino People.

[jacaranda]

san yan 10k per year for 1M coverage?

depending on your age, you can get term insurance for this amount or less with most reputable insurance companies. for young people kaya na rin ito na annual premium sa VUL na 1M.

if you're interested in Sun Life, please get in touch with me at mysunlifeadvisor@gmail.com

[mamee]

What are the differences among Sunlife Brightlink, Maxilink and Flexilink?

Thanks.

[KITHE ORTIZ]

What are the differences among Sunlife Brightlink, Maxilink and Flexilink?

Thanks.

They are all VUL plans. Their difference is their charges, and with Bright and Prime, the death benefit is 200% of the face amount.

Sun Flexilink is a regular pay VUL plan, it has lower premium.

Sun MaxiLink Bright is payable for at least 5 years. (if you want to save for education funding).

Sun MaxiLink Prime is payable for at least 10 years. ( if you want to save for retirement funding).

[mamee]

^ Ok - now I understand. May 'agent' (haven't signed/ paid) ako pero hindi nya nabanggit na yun Bright is for education.

If for example, kukuha kami pareho ni mister, he is older than me and let's say we're preparing for kids' education and our retirement - which do you recommend for us? Sya kukuha nun Bright; sa akin ang Prime?

[chem_engr]

ibig sabihin ba nitong VUL ay pwede rin malugi or mawala yung pera mo?

[mombiz26]

ibig sabihin ba nitong VUL ay pwede rin malugi or mawala yung pera mo?

VUL is still an insurance product, guaranteed ang face amount nito... whatever happens sa insured, makukuha ng beneficiary nya yung guaranteed face amount ng insurance or yung Fund Value whichever is higher. Since yung product na ito is naka-link sa mga funds like bonds, balanced and equity, meaning hindi guaranteed ang fund value mo.. If ever bumaba ang unit price, affected talaga ang fund value mo... and lugi ka kapag nagwithdraw... pero if hindi mo naman ginalaw, we consider it paper loss lang... Hindi pa rin mawawala yung investment mo. This product is designed for long term, para sa mga nagpaplan ng education ng kids or para sa retirement... yung iba ginagamit din itong business or asset insurance.

[KITHE ORTIZ]

^ Ok - now I understand. May 'agent' (haven't signed/ paid) ako pero hindi nya nabanggit na yun Bright is for education.

If for example, kukuha kami pareho ni mister, he is older than me and let's say we're preparing for kids' education and our retirement - which do you recommend for us? Sya kukuha nun Bright; sa akin ang Prime?

Actually, kaya naging best for education ang maxilink bright is because it has higher premium involved, meaning it has more chance of accumulating fund value and you will only pay for 5 years, usually kasi nasanay tayo na pag education fund, gusto natin mabilis lang ang pagbabayad, and wait na lang pagdating ng age na magcollege na yung anak natin..

Pero kung ang financial goal nyo is to save for education, consider this, saan ba siya mag aaral? how much na ba ang tuition fee pagdating niya ng college? then you will know how much you will set aside every month/year..

[KITHE ORTIZ]

^ Ok - now I understand. May 'agent' (haven't signed/ paid) ako pero hindi nya nabanggit na yun Bright is for education.

If for example, kukuha kami pareho ni mister, he is older than me and let's say we're preparing for kids' education and our retirement - which do you recommend for us? Sya kukuha nun Bright; sa akin ang Prime?

Actually, kaya naging best for education ang maxilink bright is because it has higher premium involved, meaning it has more chance of accumulating fund value and you will only pay for 5 years, usually kasi nasanay tayo na pag education fund, gusto natin mabilis lang ang pagbabayad, and wait na lang pagdating ng age na magcollege na yung anak natin..

Pero kung ang financial goal nyo is to save for education, consider this, saan ba siya mag aaral? how much na ba ang tuition fee pagdating niya ng college? then you will know how much you will set aside every month/year..

[mamee]

^ Our financial goals are both kids' education and our retirement...

Should we get both plans (1 for him and 1 for me)?

[KITHE ORTIZ]

^ Our financial goals are both kids' education and our retirement...

Should we get both plans (1 for him and 1 for me)?

Pwede naman kayo kumuha pareho ng insurance, for income protection.. and saving for your kids education.. and for retirement.

If education funding is your goal, you must know how much would be the future value of college fund (tuition fee) by the time your child enter college, and the school you want to go.

For example, mag college na sa June anak ko, as of today, tuition fee in UST is 50,000 per semester, that is 100,000 per year, and if you consider the tuition fee increase of 10% per year, 110,000 on 2nd year, 121,000 on 3rd year, 133,100 on 4th year, almost P500,000 dapat ang meron na ako by this time for tuition fee fund, hindi pa kasama miscellaneous fees, mga allowances and other projects, etc..

And if yung anak ko is 2 years old palang today, 15 years from now, yung 100,000 na tuition fee by the time he is 17, with an inflation rate of 5%, would be P207,893.. times 4 years equals P831,571.27..

Lets say I need 1,000,000 15 years from now, for straight computation 1M divide by 15 years equals 66,666.67 savings per year or 5,555.55 monthly..

[gunsky]

anong kinuha ng TS na VUL ngayon? gusto ko sanang malaman kung alin ang kukuning insurance dito.

[KITHE ORTIZ]

anong kinuha ng TS na VUL ngayon? gusto ko sanang malaman kung alin ang kukuning insurance dito.

Depende sa iyo kung anong financial goal mo.

[gunsky]

retirement plan
naa may reimbursement method kung nahospitalized

[KITHE ORTIZ]

retirement plan
naa may reimbursement method kung nahospitalized

I suggest that you talk to a financial advisor para maging personalized ang financial planning mo, like if you want a retirement funding, how much would you like yo have when you retire, etc.

[mykobe]

Watch out for the new VUL products of Philam Life and BPI Philam!

[visor08]

Hi I'm francis

Yes Investment Link Products are good if you want I'll discuss it to you. E-mail me at bizlink_francis28@yahoo.com

[visor08]

@danica subukan mo AXA Philippines explain ko sayo txt me I'll call you 09165158882