The key to making money in stocks is not to get scared out of them. An important key to investing is to remember that stocks are not lottery tickets.get a financial assistant
Thanks for the video Sir. Mas naintindihan ko pa ito kesa sa explanation ng financial advisor ko :D It really depends on personal goal talaga ang pagkuha ng ganitong klase ng plan. I like how you tackle the topic ng walang bias as much as possible. More videos to come sana especially sa ibang klase ng investment scheme.
same ang galing ng explanation dito ako mas naliwanagan ,kabado pa nmn ako 3 vul plan kmi mag asawa ngaun mas naintindihan ko ung pinasok nmin ,thank u so much po🥰
We'll create a video soon. But for the meantime, you may read our article about that. Here's the link: www.thewiseguyph.com/sun-maxilink-bright-build-educational-fund/
Kumuha ako ng 10 years na VUL, Sir gusto ko lang malaman, let say na settle ko na contribution is P300,000 in 10 years. Same amount ko din ba mkukuha ang P300k? Thanks sa content sir! Very helpful. New subscriber here, more subscriber to come.
Salamat po sa detailed sa explanation. May tanong na din po ako. Paano po kapag may critical illness pero nasa ibang bansa nadetect at gagamutin dahil dun ka resident? Makukuha pa din po ba ang CIB? Salamat po.
@@thewiseguyph6542 Hello sir. Just want to clarify lng po. Hindi po kc ganyan ang explantion sa akin ng FA. Sabi once na mgmatured na ang plan or na outlived ang age 88 mawawala na ang life insurance at ang maibibigay nlng ay ang fundvalue na mayroon ang insured.
Good evening po. Tanong ko lang po, sa death accidental benefit po, if na accident po then hindi namatay, mabibigay po ba ng insurance company ang amount ng death accidental benefit or marelease lang ng insurance company kapag namatay po talaga ang insured sa accident? Ang meron lang po kasi sa plan is total disability, death accidental benefit and critical illness benefit.
Iba po ang accidental death benefit (ADB) sa accidental death, dismemberment, and disablement benefit (ADDD). Sa plan niyo, accidental death ay additional benefit on top sa based plan if mawala ka due to an accident. Sa ADDD, covered yung naputulan ng parts ng katawan. In general, di po covered yung simpleng accident lang na walang naputol o di nadisable.
Sir Good day, sa maxilink po ba pwde baguhin ang mode of payment from annually to monthly? ex. feb 2021 nag bayad ako good for 1 year. feb 2022 gusto ko baguhin to monthly thank you po.
Hi Carlo! Sa kahit anong VUL plan pwede ka mag change ng mode without additional charge kahit walang forms. Yung billing mo lang yearly pa din ipapadala sayo. Kung gusto mo formally na iadjust para monthly na din ang billing mo need mo makipag coordinate with your advisor para sa mga forms. Btw, kapag monthly need na naka auto debit arrangement ha. Special arrangement (ADA) kasi ang monthly payment. On top of it, madalas kasi nakakalimutan magbayad on time kapag di naka ADA.
Actually, depende yan sa chosen funds, mas aggressive mas lugi at this time. On the other side, agree ako na pababa ang investment at times kasi up and down naman talaga ang market. Furthermore, if investment lang, wag na VUL, iba na lang. On the contrary sa trad plan, while guaranteed ang mga payouts, remember na sobrang liit ng balik sa TRAD. So kung icocompare mo silang dalawa in terms on return on payment, mas may pagasa kang mag grow sa VUL. Remember, it was one of the reasons bakit nagkaroon ng VUL (kasi naliitan yung trad policyowner sa return). Well, that's my opinion lang. At the end, yung client pa rin ang magdedecide which one is better for them :)
Hi Lanie! Thanks for dropping by :) Yung investment return ba ang sinasabi mo? Di natin kasi yan kontrolado yung kita at kikitain ng funds. Ang pwede lang natin gawin ay baguhin yung type of fund natin. For example, naka bond fund ka. Pwede ka naman lumipat anytime sa Index Fund or any fund. Kung gusto mo ng funds na meron kita na nasa 8%, pwede ka sa balanced fund. You may transfer your funds din sa My Future Fund. Maganda din ang kita ng My Future Funds :)
Sir may HIB po aq almost 4years na bukod xa ng policy sa nauna q vul kung sakali po ba na surrender q na un HIB q maibalik po ba saken ung lahat ng nabayad q ng almost 4 years? Medyo mabigat na kasi quarterly ung hulog q almost 6k kada bayad q sa HIB pa lang.
HIB po as a rider or standalone? Medyo naguluhan ako sa question. Anyway, wala ka pong makukuha sa sa HIB since lahat ng bayad sa rider will not accumulate funds. Tho, pwede mong isurrender if standalone yung plan. Or pwede mo ipatanggal, kung rider naman, however, di mo na pwedeng ibalik ang HIB in the future. I suggest, if kaya, kausapin mo yung agent mo for possible workaround like babaan yung coverage ganyan. Kung wala ka ng agent, PM mo lang ako.
Hi, Luna! Sorry to know na may hearing loss ka ha. With regards sa tanong mo, depende kung ano ba yung inclusion ng inyong plan. Kung walang riders, wala kang marereceive dahil death benefit and investment yung plan. Ngayon, check mo kung meron kang ADDD. Pwede mo yan makita sa online portal mo, check with your advisor, or even call the Sun Life hotline. If meron kang ADDD, pwede ka makareceive ng 50% ng Face Amount ng plan mo kung hearing of both ears ang nawala. And 25% naman kung isang ear lang.
@@thewiseguyph6542 Maraming salamat po sa pagsagot! Ang nakalagay po sa portal ko ay Total Disability Benefit at Accidental Benefit. Yun po ba ang ADDD?
@@thewiseguyph6542 so, wala po akong ADDD? Wala po akong makukuha? Sayang naman po. Thank you so much po sa pagsagot ng mga tanong ko. Malaking tulong po!
Agree! Di ganon kaganda talaga kapag health insurance eh hinaluan ng investment. Itong plan na ito ay health insurance with savings (maliit lang to ha) pero at least di tapon pera. Kumpara sa term, sa katagalan eh mas malaki ang hulog mo tapos wala pang return on payment. Both maganda depende sa timeframe mo :)
After 10yr accumulation period, going in the growth period, if you do not add yearly pay in growth period, how much fund can you get 8 years or 30 years after accumulation period?
it will depend sa chosen fund eh, sa investing condition, at syempre yung plan itself (baka overloaded ng riders). Anyways, di ito investment plan ha. So do not focus sa naiipon. Parang you are paying insurance para sa mga "ifs" natin. Pero kung wala naman mangyari "agad" di natapon yung pera. Meron kang makukuha. That's how you should look at vul plan like this :)
Good day po sir. Planu ko po kumuha ng sun life flexicare. Para skin at s anak ko. Tag isa po kmi.. kc affordable lng xa. 1.2k montly. Mgnda po b yn? Totoo po ba n wla nkong bbyran aftr 10yrs?
Sun Flexilink po ba? Maganda po siya kaysa di po kayo insured. However, kausap muna kayo ng agent para maassist kayo ng maayos. Baka may mas okay pala na plan for you na pasok din sa budget :)
Hello Sir. Meron po ba. Kayong pdf file sa explanation ninyu sa video? Wala po kasing portfolio na na provide ang sunlife sakin didto sa men. I have the receipt dor initial payment Then the 2 pages contract. And the breakdown of investment and payments. Pero di po na cite ang mga explanationa nyo po. Also in comparison to Pro life UK ng kaibigan ko. ..meron po shang yearbook explaining all the terms and regulations to avail. The insurance. Sample po. Pag na aksidente ka and naputulan ng paa but nag jay walking .hindi mua avail ying insurance po Another example Nag drive pi kayo na hindi naka seat belt and na aksidente. Hindi rin i bibigay o i grant ang insurance ninyu po.
Hi, Lanne! Please ask your advisor for your policy contract. Meron din tayong ganyan in yellow folder. Yung explanation natin sa video ay general at nakainclude lahat ng riders. Yung plan mo, maaring iba sa naexplain. So best to ask your advisor. If hindi na active ang advisor mo, please PM me :)
Sir, my plan is already finish. Dba pwede ako mag withdraw, since meron akong dund value. Pero hindi nman lahat kukuhanin. Pag ganon dba till cover ako ng Insurance?
What if po , I took my sunlife maxilink plan when I was still in the Philippines in 2018 pero by 2021 nasa ibang bansa na po ako and tuloy tuloy padin po yung payment ko until now .Effective padn naman po yung life insurance ko na nakuha ko po? Hindi naman po null and void ? And what if po dto sa ibang bansa ako for instance na accident or namatay? Magagamit ko po b sya dto internationally? 😅
Hi, Maria! I-notify ka ng insurance company kung lapse na siya. Kung hindi mo naman nareceive eh pwede mong itanong sa advisor mo, check your online account, or call the hotline (8555-8888).
Pwede po ba akong hindi magbayad sa nxt year q na yearly insurance if nadoble q pag pay this year. May fund value naman policy q. Pwd ba yung nasa fund value ang kakaltasan nxt yr para sa nxt nxt year na aq ulit mag pay annually?
Pwede naman if you'd like to do that. O pwede ka rin gumawa ng mutual fund para dun na lang ibabawas yung bayad mo. Anyways, better pa rin to consult your advisor.
Mag ask lang aq if kumuha ba aq ng riders na TDB, HIB tapos at age 60 hindi nagamit. Nanjan lang ba yung binayad? Or masasayang lang? Same din ba sa ADDD at CIB na until 70 yrs old? Nanjan lang ba yun or masasayang din ang bayad if hindi q nagamit ang riders?
Yung bayad mo sa riders para riders lang. Kaya mura lang ang riders. Parang sa HMO, magamit mo o hindi, di siya mapupunta sa funds mo. Hindi siya sayang, kasi covered ka eh. Paano naman kung magamit mo? Yung binabayaran mo diyan yung uncertainty na baka magamit mo agad. For me, mas okay na kumuha ka na lang ng Sun Fit and Well for your health insurance needs :) Btw, yung HIB at CIB na lang ang pwede mong i-add kasi existing policy owner ka na eh
Maraming insurances Julie. As mentioned, iba iba ang needs natin so maaring maganda siya for me pero di sakto sayo. Need rin massess if fit nga ba yung plan sayo. We can only give insights pero best parin to talk with an insurance agent :)
Kung continues naman po ang payment at lumalaki yung charge para cs CIB and Hospital benefit after every 5 years kukunin lang naman po iyun sa monthly premium hindi naman po ibigsabihin lalampas sa monthly premium ang need bayaran? & may loyalty bonus din po ba itong VUL plan? Thank u po
tataas din yung need mong bayaran. For this plan, after 10 yrs, CIB and HIB ang need mo icontinue bayaran. And for your other question, included na yung loyalty bonus sa projected fund ha
Sir sa Maxilink 100 kasya po ba sa budget 1500 with 4 riders ? for a 22 year old non smoker and gusto 10 yrs lang babayadan? ( I know po na yung rider is babayadan kahit tapos na paying period)
What’s your basis ng mga projections mo? Good to see figures but hindi mo na-elaborate what are the considerations for your “projections”. Hope to see a video na may full disclosure ng lahat.
Hi, Randz! Good to have you on our channel :) You might have missed it, the details are in the video. The projections we shared were based on the proposal we created for Ton. We believe, we have disclosed as much as we can in this video. Pero if you mean full disclosure as in showing the actual proposal, we can't do that. Sadly, as an insurance agent, there's a limit on how much we can share publicly :(
Instead of showing an actual proposal, pwede ka naman magrequest ng sit down discussion with an insurance agent. Para you can ask pertinent questions din. Kasi even if we show you the actual proposal, the projections, benefits, and the general feel of the plan are different for each individual :)
Yung ganda ng investment depende siya sa expectations mo and risk appetite eh. Okay din ang Captains Fund kung gusto mo mag invest sa mga companies na leading sa different industries. The best pa din siya kung magconsult ka sa advisor para maassess din yung investment profile mo :)
Oo, Louie. Flexible ang mga VUL plans. Pwede na mag pasobra sa yearly payment. Pwede rin na magbayad after 10 yrs. Maganda yan kasi mas makakabwelo yung funds mo.
Why mo siya isurrender? Sayang yung plan mo. Magandang irevisit yung goal/s mo sa pagkuha ng insurance plan. Gaano ba siya kaimportante sa'yo. Ganyan. Btw, keep in mind lang na kapag kumuha ka ng ganitong insurance, time and again, eh insured ka from the time na naapproved siya until you decided to surrender the plan. Kaya yung fund value na lang ang makukuha mo if ever ha.
It will depend on several factors. Pwede na ito yung best for the goal and current situation. Kaya maganda talaga yung personal discussion dahil duon siya maexplain ng mabuti at ma uncover yung need mo.
Hi Sir. Would like yo consult po regardibg sa situation ko. Nakakuha ako ng VUL 2yrs ko na sya binavayaran. Just like your presentation meron po akong riders na CIB, ADDB and HIB. Ang sabi po sakin ng FA ko is after 10yrs wala na akobg babayaran and insured ako till age 88. Di nya namention na after 10yrs I have to pay for riders pa pala. Ask ko lang Sir if mas okay ba na kumuha na lang ako ng sun fit and well and ipull out ang vul? Kasi ang gusto ko talaga is makatulong sa family ko if ever magkasakit ako and may naiwan if mawala ako. Worry ko pa paano if after 10yrs di ko na kaya bayaran yung riders lalo na yung CIB na tumataas pala habang tumatanda.
Hi, Jef1997! Sorry at ganyan ang naexperience mo, minsan talaga meron mga ahente na ganyan kaya need mo maging mapanuri bilang kliyente. Based sa sinabi mo, "Kasi ang gusto ko talaga is makatulong sa family ko if ever magkasakit ako and may naiwan if mawala ako." Dalawa ang gusto mo. Health insurance for you and then life insurance in case of death. Para sa akin, okay naman yung plan mo. Ang problema lang eh di na set yung expectations mo properly. Suggestion ko ay tanggalin mo na lang yung mga medical riders sa plan mo then get Sun Fit and Well (SFW). Para meron kang Life insurance from Sun Maxilink Prime and then health insurance naman from SFW. Kung SFW lang, health insurance lang yun. Kung naclaim mo na yung major CI benefit tapos na deads ka eh wala ng makukuha yung family mo. (Medyo long discussion 'to ha so iwan ko na yan sa advisor mo hehe) Kung di mo pa kaya na kumuha ng 2nd plan, pwede ka na muna sa current plan mo. Kapag may budget ka na, let's say after 5 yrs ganyan, dun ka kumuha ng SFW then tanggalin mo yung riders ng 1st plan mo. SUMMARY: Sun Maxilink Prime - for your life insurance coverage Sun Fit and Well - as your health insurance
@@thewiseguyph6542 thank you po Sir!!! Kaso after 5yrs sir 30yrs old na po ako magmamahal na po yung SFW. Meron po ba kayo marerecommend na insurance na pwede ipalit sa vul ko? Yung meron po sanang makukuha if magkasakit ako at meron din maiiwan sa fam ko if mawala ako. Salamat po ng madami! ❤
Sure, it's my pleasure to help :) Actually, yung VUL mo na yung sagot sa tanong. Okay na siya for the meantime. Wala kasing isang plan na makakasagot sa lahat ng needs natin, meron at meron macocompromise. For example, VUL for your life insurance coverage. Then Sun Fit and Well for your medical insurance. At dahil maaari na di mo pa kayanin yung 2 plans eh stick muna with your VUL. Remember, sobrang mura pa ng rider mo ngayon kasi nga 25 ka pa lang. Yung sinabi ko pala na after 5 yrs ay example lang. Kasi kung kaya mo na kumuha ng SFW then remove mo na yung riders after 2 yrs eh pwede naman. Kung ang worry mo naman ay yung additional cost, I think di naman sobrang laki yung difference. At the same time, in our lifetime eh hindi lang naman isang insurance ang need natin. Syempre nagbabago yung lifestyle natin, priorities, and yung presyo ng medical procedures. Darating talaga ang point na kukuha at kukuha ka ng another plan kasi di na sapat yung plan na meron ka. :)
sir sa asawa kopo maxilink prime 5yrs at maxilink 100 mag 2yrs pa riders,cib,hib,addb,parang ganun, tama lang po ba yan na plan sir, napaisip kasi ako now dapat sunfit and well nlng pala sana kasi fix lang if 10yrs to pay kaso nagpa compute ako ang laki sa 1m na fc amount gusto ko pacancel ang maxi 100 para palitan ng sfw tama po ba maging disisyon ko nttakot kasi ako baka malaki dif kapag after 10yrs na sa ibang riders
Sir, paano po yun sa ibang bansa ako nung nag apply ako ng sun maxilink 100. Di kya yun maging problema pagdating ng panahon? 6 years na po akong nagbabayad. Salamat po sa sagot
Hi sir, ask ko lang kung tumataas po ba yung admin charge yearly? VUL kinuha ko at 2 years na, napansin ko na double yung admin charge na binabawas monthly compared sa unang taon ko, normal lang po ba yon?
Ask your advisor para maexplain sayo in details. Tho, dapat mas maliit na yung charges mo after 1st year and it will continue to decline sa 4th year onwards. In terms of admin charge, possible na tumaas siya due to age, kasi under admin charge yung cost of insurance which is based sa age nga po.
Hi Cyrille 😊 Depende siya sa laman ng fund value. Kapag nagbayad kasi tayo sa VUL plan. Nahahati yung payments natin sa dalawa, i.e. insurance and investment. Ngayon kung tumigil ka magbayad, mag self liquidate o kakainin ng insurance charges yung natitira mo pang funds until such time na materminate yung policy. The best way pa din ay check mo with your advisor kung meron pa bang funds na pwede kang maaccess. If ever, kung kaya, reinstate/ituloy mo na lang yung plan. Lalo ngayon iba kapag may insurance ka. Mas makakafocus ka sa mga financial goals mo 👌
Tama ka diyan @lalola. Kapag sinabi natin na investment eh wala talagang kasiguruhan mapa stocks, bitcoin, real estate, mutual fund, UITF, negosyo, etc. Pero 'di ibig sabihin nun eh masama na agad yun ha. Kasi meron tayong tinatawag na high risk, high return. Kung 'di ka magririsk at gusto mo ng safety eh dapat okay lang sa'yo na walang kita o hindi lumalaki yung pera mo. Kumbaga nagiipon ka lang sa bangko. Kalaunan nga lang eh talo ka sa inflation. As mentioned sa video, this is an insurance plan. Sakto to kung breadwinner ka o may mga financially dependent sa'yo. Okay din 'to for wealth transfer, estate planning, and business succession or for business continuity. Kung investment at investment lang ang gusto mo ay hindi itong plan na to for you :)
Totoo, bawal nga. Ang alam ko, membership kasi yung binebenta nila. So as a member, meron kang benefit na life insurance pero as a group yun hindi siya under your name.
Hai sir.. Paano kung dumating yung time na wala kna mang sakit or masasabi healthy ka kpg senior na... 10 yrs to pay kc ako at the age of 41 yrs old tapos na mag hulog nag start kc ako 31 yrs old... Balak ko kc mag widraw at the age of 60..nag growth napo kayo yung money ko? 😁 Salamat po pakisagot.. Insurance with investment po kc ang kinuha ko
Pinaka okay po bumalik sa advisor ninyo. Depende po sa mga riders attached and chosen fund kung kikita po kayo. As mentioned po, di po guaranteed ang investment kaya di natin masasabi if lumago na siya
We cannot generalize that all insurance agents are only after your money. As you know, insurance agents are compensated based on their hard work. Meron sigurong ganyan, maaring nakadaupang palad mo pa nga. Kaya that's why we always highlight the importance of choosing your insurance agent. At the same time, it's your duty to do your due diligence. If you have time, you may read the article we published about this topic. Here's the link: www.thewiseguyph.com/most-hated-insurance-vul-scam/
Actually, there's no limit. Kahit ilan pwede. But keep in mind lang na kung masyadong marami ang beneficiaries mo eh baka mahirapan lang din sila dahil each beneficiary will have to submit same set of requirements. As a guide, mas okay na yung pipiliin mong beneficiaries eh yung talagang financially dependent sa'yo.
Hi Sir. I need your honest advice pls. Got the same policy sa Sunlife for 10 yrs. Insurance coverage is 5M. I completed 7 yrs of payment na. First 2 years, my premium was 350k/year, then the ff years (5), nagbawas ako sa 100k yearly Total payment = 1.2M, but my current fund value is 400k Php only. I did undersand now as per ur explanation na this policy is more on Insurance and addtl na lang ang investment aspect. Na ang first 10 yrs ay accumulation period pa lang (bwelo). And longterm commitment sa policy ang need like 20yrs and up para may big return. Questions sir: 1.) Ok lang ba na from current 100k/yr, ibaba ko pa sa minimum na 15k/y? Willing na ituloy naman after 10yrs if puede ang 15k/yr *Ok lang na bumaba insurance coverage. Pero at least in full force pa din ung insurance aspect and policy in general hoping na totoong may return after 20yrs and up 2.) Magbabawas kaya sya ng malaki sa ADMIN CHARGE (kumakain sa fund) para ndi naman maubos ung current fund value? *Coz ayoko ng maglabas pa ng malaking pera. Mas marami pakong paggagamitan kesa itodo ko lahat sa policy na when in need, ndi agad mkukuha or oif kunin ng maaga, 1/3 lang ng total payment mo. since kaya lang naman ako na-convince ay dahil sa front ng FA na, “kesa sa banko lang pera mo na natutulog. Dito may mas malaki interest for 10 yrs and insured ka pa” Mas naging front or may emphasis sa INVESTMENT and addtl or bonus na lang ung INSURANCE But it turned out now na ndi totoo. It is the other way around. More on Insurance tlaga sya and addtl ang investment na long yrs commitmment ang need para tumubo (20 yrs and up) If only naging honest ang FA sa umpisa, mas ndi masakit sana coz clients wont expect such BIG RETURNS in 10 yrs 3.) Based sa numbers given above, when man lang kaya maka-breakeven? Sana masagot lahat ng questions para din sa iba na nagbabalak and with the same situation like mine And if thres any advice u can give me para mas winner in the end Thank you
Hi FearFactory_17! This is best discussed with your advisor. Have you talked with him? Please share your worries sa kanya ha. Btw, I'll be talking based on the details you provided. I don't know if you have riders attached to your plan which can somehow affect the fund accumulation. Just like what you said, you paid 700k for 2 yrs and 500k for the span of 5 yrs. This is for a total of Php1.2M at nasa 400k lang yung funds mo ngayon. I agree, there might be a misrepresentation sa part na it's an investment plan. That's why kami, we always highlight the importance of due diligence lalo na this is a "long term commitment." However, meron ka din ginawa na nag constitute sa pagbaba ng funds mo. At ano yun? Simple lang, binaba mo kasi yung plan mo no. It's from 350k to 100k na lang ngayon. That's a decrease of 250%. I hope nadiscuss sayo yung repercussions ng decision mo. If hindi, ganito yung nangyare. a. Like what I explained sa video, malaki yung charges o yung sa insurance side sa first 3yrs. At during that time ka nagdowngrade. If this is an investment decision, I can say na lugi ka. If this is a financial decison, wala na tayo magagawa, no choice eh, mas okay na yun kaysa mag stop. b. Downgrading ur plan is like doing a partial surrender. So from 350k ginawa mong 100k na lang. Ibig sabihin niyan sinurrender mo yung 250k/yr na binayad mo o total of 500k sa dalawang taon. Dahil nga malaki ang charges during that time, good as gone na yung 500k. So malaking decision yan, na sana nga nadiscuss sayo no. c. Kumbaga sa investment, yung first 2 yrs mo ay meron kang paper loss pero nung decide ka na mag 100k/yr. Eh, realized loss na yun. So that moment, wala na yung 500k mo (or almost). d. That's the main reason bakit ang laki ng difference ng binayad mo versus sa funds mo. Biruin mo, 1.2M vs. 400k tapos ur on ur 8th yr na. e. Kasi sa 4th yr onwards diyan mag aaccelerate yung fund accumulation. Too sad lang na nagdowngrade ka. So nawalan ng malaking pagakakataon yung funds mo na makabawi. f. Kung mag downgrade ka ulit, due to an investment decision, same scenario lang yan. You'll go further down. As to answer your questions: 1. Masyadong maliit ang 15k for this plan. And if you decide to downgrade naman it further mapipilayan ulit yung funds mo. 2. Charges naman are explicit na nakalagay sa proposal. At bumababa siya with time. More on monthly charge na lang ang meron sa plan mo at this point. 3. Nako, di ko yan maproproject sayo. One thing for sure, matagal yan makakabawi dahil nagdowngrade ka kasi. Normally breakeven ka na sa 10th yr kahit na 4% lang ang interest. Sana di mo idowngrade ulit. Maybe, the best you can do ay mag top up para maalalayan mo yung funds. Discuss mo lang with ur advisor. If wala ka ng advisor, I can help naman :)
@@thewiseguyph6542 Thank you sa quick reply. Nakaka-trauma na lang na magbigay ng another 100k for each year sa remaining na 3 yrs. That is 300k in total. Feeling, ko kakainin lang na naman yung FUND VALUE ko.. Parang everytime I pay, expecting na maka-rebound sa loss, it will only CREATE further loss. Further heartache. I am willing naman sana to continue the policy if at least may instance for 7 yrs history na nag-gain ang fund kahit once.. Pero palabas lahat at pabulusok pababa =( *Puede bang I-REQUEST sa Sunlife to lessen my INSURANCE COVERAGE from 5M to at least 1M, para ndi nila habulin sa FUND VALUE yung mga deductions? Coz sa rate ng deductions nila for each month, baka dumating ang time na maubos na FUND VALUE. *My goal now is to at least maka-breakeven kahit abutin pa ng 15 or 20 yrs and kahit magkano na lang ang INSURANCE COVERAGE Is there any chance/hope for this goal? wala akong kung anong riders pa
Again, yung experience mo ay mainly due sa pagbaba ng premium. Ganun talaga yung mangyayari despite sa total premium paid mo. When it comes to investment talaga ang kalaban natin ay emotions. At the same time, hindi naset yung expections mo kaya siguro ayun din ang nakatrigger sayo na ibaba ang premium. Tulad ng nga ng suggestion ko, I think ang best remedy ay excess premium. Kasi anything you paid in excess of 100k eh mapupunta yun sa funds mo and wala yun monthly charge. So eventually makakatulong yun sa pag breakeven mo. Btw, di ko pala naitanong. I have 2 questions: 1. Paano ka ba nagbaba ng premiums? Meron bang formal request like meron kang forms na sigagutan para maibaba yung Face Amount? O nagbawas ka lang ng premium without documentation? 2. Can you share magkano ba yung monthly charge (nakikita sya sa portal) policy mo? Kasi sabi mo it causes you heartache eh. Para at least meron tayong reference amount :)
@@thewiseguyph6542 1. Text messages lang ang request ko to make it 100k/yr. Nagsabi naman in fairness ang FA na maaapektuhan nga ang fund value later on. Pero walang formal documentation. Is it possible anwyay? (pls answer honestly as per the Sunlife Policy) Coz I was expecting this before para maupdate sa system and expecting na bababa na din deduction ng system since it is like nakaset na na may computations. Kakausap ko lang sa FA ko and she said, it is not possible to downgrade ur insurance coverage (is this true)?. meaning 5m na talaga ang coverage. kanina ko lang nalaman na face value is 5m and during demise, x2 sya kaya 10m in total. pero if possible lang sana, irequest formally ang 100k/yr, ok lang babaan inurance coverage. para may justice on both sides. if totoo manm na di puedeng babaan ang insurance coverage (face value is 5m for eg) and same deductions na pang 5m, un ung ndi maganda sa policy coz what if sa ika 5th year, nawalan ka ng job? ndi mo kaya ung before na 350k yearly, meaning ba, Sunlife will force you to pay that same amount, OTHERWISE sa fund value mo lahat naman ichacharge yung pang 5m na coverage.. ganon po ba iyon? 2.) Charges per month: 2015 - 2680 2016-15489 2017-9089 2018-4290 2019-4431 2020- 3014 2021- 3235 2022- 3235
@@thewiseguyph6542 Just last week fund value is 400k, then March 4 - 397k, then earlier today - 392k every december ako nagbabayad ng 100k feeling ko paubos tlaga fund value ko. kaya im thking na isurrender na lang para makuha ko pa remaining fund value and iinvest sa mp2 na wala kang need na bayaranb sa fund mgrs sa SUnlife kasi, sorry ka if bagsak stocks, bawas sa fund value mo, then sorry ka pa ulet dahil bawas sa fund mgrs fee tapos kuha na lang separte life insurance for protection and yung mas mababa na charges what can you advice para makarebound kahit papano?
@@thewiseguyph6542 yung current fund value po yung pwede i-withdraw? SORRY ANG KULIT KO SIR. 🥲 Yung fund value po kasi nakalagay lang 3100 lang tas yung current fund value ay nasa 40k. Kinakabahan ako kung lumago ba talaga. HAHAHAHAHA!
💡 Planning to get insured? INQUIRE NOW!
👉Message me on FB: bit.ly/FedericoSuan
Ang galing, nasagot lahat ng nasa isip ko na mga katanungan
Retirement is wonderful if you have two essentials - much to live on and much to live for. Invest wisely and get good returns.
thank you, can you give a pointer the best investment now ? i am thinking of getting stocks or cryto
The key to making money in stocks is not to get scared out of them. An important key to investing is to remember that stocks are not lottery tickets.get a financial assistant
I think this is also a great time to invest in private equity and cryto. Can you give a pointer ?
I currently work with VIVIAN KLAINE MORGAN a financial expert i met in a seminar
I recently watched VIVIAN KLAINE MORGAN on TV , such a great speaker . but have you made any profit whatsoever working with her ?
Thanks for the video Sir. Mas naintindihan ko pa ito kesa sa explanation ng financial advisor ko :D It really depends on personal goal talaga ang pagkuha ng ganitong klase ng plan. I like how you tackle the topic ng walang bias as much as possible. More videos to come sana especially sa ibang klase ng investment scheme.
Thanks Carlo for your kind words.
I'll post investment related videos soon :)
Same here😅
same ang galing ng explanation dito ako mas naliwanagan ,kabado pa nmn ako 3 vul plan kmi mag asawa ngaun mas naintindihan ko ung pinasok nmin ,thank u so much po🥰
Sir ask question
Normal lang po ba matanggal sa plan ang HIB kapag at risk ang work ng client?
ung sa CIB na hndi nagamit pero na kumpleto bayaran kasama ba sa pwedeng withdrawal claims
Sir how about maxilink bright 5 years to pay can you pleased explain thank you
We'll create a video soon. But for the meantime, you may read our article about that.
Here's the link: www.thewiseguyph.com/sun-maxilink-bright-build-educational-fund/
Kumuha ako ng 10 years na VUL, Sir gusto ko lang malaman, let say na settle ko na contribution is P300,000 in 10 years.
Same amount ko din ba mkukuha ang P300k?
Thanks sa content sir! Very helpful.
New subscriber here, more subscriber to come.
Hindi po ganun. Nasa video po yung explanation. Use our timestamps para mapunta po kayo sa portion about the funds.
@@thewiseguyph6542 salamat sir!
Hi sir, may idea po ba kayo sa mga back end charges sa lahat ng vul ni sun life? especially sa maxilink prime?
Ang may back-end charge po ay yung mga single pay VULs natin like Sun Maxilink One. May backend din yung loaded MF funds. Kasi investments po iyon :)
Salamat po sa detailed sa explanation. May tanong na din po ako. Paano po kapag may critical illness pero nasa ibang bansa nadetect at gagamutin dahil dun ka resident? Makukuha pa din po ba ang CIB? Salamat po.
Covered pa rin po kayo. I-assist kayo ng advisor ninyo para sa pag-claim po ng benefits.
Hello, thank you for the vid! If I reach pass age 88, what will happen to my life insurance and investments?
Once your plan matures, the insurance company will give the face amount plus your fund value at that time :)
@@thewiseguyph6542 Hello sir. Just want to clarify lng po. Hindi po kc ganyan ang explantion sa akin ng FA. Sabi once na mgmatured na ang plan or na outlived ang age 88 mawawala na ang life insurance at ang maibibigay nlng ay ang fundvalue na mayroon ang insured.
Same here. Ang paliwanag sakin ng FA ko, if buhay pa ko kapag 88 yrs old na ko, yung fund value na lang daw bibigay sakin ni SunLife.
Hello po kindly clarify or confirm if this is correct @thewiseguyph6542 . Pagkakaalam ko rin po fund value lang po makukuha
Good evening po. Tanong ko lang po, sa death accidental benefit po, if na accident po then hindi namatay, mabibigay po ba ng insurance company ang amount ng death accidental benefit or marelease lang ng insurance company kapag namatay po talaga ang insured sa accident?
Ang meron lang po kasi sa plan is total disability, death accidental benefit and critical illness benefit.
Iba po ang accidental death benefit (ADB) sa accidental death, dismemberment, and disablement benefit (ADDD).
Sa plan niyo, accidental death ay additional benefit on top sa based plan if mawala ka due to an accident. Sa ADDD, covered yung naputulan ng parts ng katawan. In general, di po covered yung simpleng accident lang na walang naputol o di nadisable.
Sir Good day,
sa maxilink po ba pwde baguhin ang mode of payment from annually to monthly?
ex. feb 2021 nag bayad ako good for 1 year.
feb 2022 gusto ko baguhin to monthly
thank you po.
Hi Carlo! Sa kahit anong VUL plan pwede ka mag change ng mode without additional charge kahit walang forms. Yung billing mo lang yearly pa din ipapadala sayo.
Kung gusto mo formally na iadjust para monthly na din ang billing mo need mo makipag coordinate with your advisor para sa mga forms.
Btw, kapag monthly need na naka auto debit arrangement ha. Special arrangement (ADA) kasi ang monthly payment. On top of it, madalas kasi nakakalimutan magbayad on time kapag di naka ADA.
After the pandemic,downward na earnings dyan sa investment side. Who knows how many years babawi yan. Better get a traditional plan
Actually, depende yan sa chosen funds, mas aggressive mas lugi at this time. On the other side, agree ako na pababa ang investment at times kasi up and down naman talaga ang market. Furthermore, if investment lang, wag na VUL, iba na lang.
On the contrary sa trad plan, while guaranteed ang mga payouts, remember na sobrang liit ng balik sa TRAD. So kung icocompare mo silang dalawa in terms on return on payment, mas may pagasa kang mag grow sa VUL. Remember, it was one of the reasons bakit nagkaroon ng VUL (kasi naliitan yung trad policyowner sa return).
Well, that's my opinion lang. At the end, yung client pa rin ang magdedecide which one is better for them :)
Hello, may I ask once you are a member of Sun Life is there hospitalization benefits po at Sun life? And even on the check up?
Thank you!
As per the video, hindi po automatic. Depende po sa plan. Pwede mo icheck sir yung online portal mo to check if meron kang included na HIB :)
Hello thank you po for the vid. Ask ko lang if pwedeng palitan yung % sa investment part? Like 4% ka before then mag 8 ka na
Hi Lanie! Thanks for dropping by :)
Yung investment return ba ang sinasabi mo? Di natin kasi yan kontrolado yung kita at kikitain ng funds. Ang pwede lang natin gawin ay baguhin yung type of fund natin. For example, naka bond fund ka. Pwede ka naman lumipat anytime sa Index Fund or any fund.
Kung gusto mo ng funds na meron kita na nasa 8%, pwede ka sa balanced fund. You may transfer your funds din sa My Future Fund. Maganda din ang kita ng My Future Funds :)
May option ba na ipa tanggal nalang ung ibang riders para mapababa ang monthly premiums?
Yes, and you have other options like paying only the monthly charges. You may ask your advisor for assistance :)
Sir may HIB po aq almost 4years na bukod xa ng policy sa nauna q vul kung sakali po ba na surrender q na un HIB q maibalik po ba saken ung lahat ng nabayad q ng almost 4 years? Medyo mabigat na kasi quarterly ung hulog q almost 6k kada bayad q sa HIB pa lang.
HIB po as a rider or standalone? Medyo naguluhan ako sa question. Anyway, wala ka pong makukuha sa sa HIB since lahat ng bayad sa rider will not accumulate funds. Tho, pwede mong isurrender if standalone yung plan. Or pwede mo ipatanggal, kung rider naman, however, di mo na pwedeng ibalik ang HIB in the future.
I suggest, if kaya, kausapin mo yung agent mo for possible workaround like babaan yung coverage ganyan. Kung wala ka ng agent, PM mo lang ako.
ano pong plan ng sunlife yung may health insurance and life insurance po? thank you.
for inquiries, kindly pm me para ma assess natin properly yung needs mo ha :)
Hello po! Nagka hearing loss po ako at kailangan na mag hearing aid. Ask ko lang po kung covered po ba siya ng Policy na to? May makukuha po ba ako?
Hi, Luna! Sorry to know na may hearing loss ka ha. With regards sa tanong mo, depende kung ano ba yung inclusion ng inyong plan. Kung walang riders, wala kang marereceive dahil death benefit and investment yung plan. Ngayon, check mo kung meron kang ADDD. Pwede mo yan makita sa online portal mo, check with your advisor, or even call the Sun Life hotline.
If meron kang ADDD, pwede ka makareceive ng 50% ng Face Amount ng plan mo kung hearing of both ears ang nawala. And 25% naman kung isang ear lang.
@@thewiseguyph6542 Maraming salamat po sa pagsagot! Ang nakalagay po sa portal ko ay Total Disability Benefit at Accidental Benefit. Yun po ba ang ADDD?
*Accidental Death Benefit po
Yung ADDD ay Accidental Death, Dismemberment, and disablement benefit :(
@@thewiseguyph6542 so, wala po akong ADDD? Wala po akong makukuha? Sayang naman po. Thank you so much po sa pagsagot ng mga tanong ko. Malaking tulong po!
Sir Yung sun fit & well may halong investment parin po ba Yan? Gusto ko kc Yung pure health insurance lng talaga.
Agree! Di ganon kaganda talaga kapag health insurance eh hinaluan ng investment.
Itong plan na ito ay health insurance with savings (maliit lang to ha) pero at least di tapon pera. Kumpara sa term, sa katagalan eh mas malaki ang hulog mo tapos wala pang return on payment. Both maganda depende sa timeframe mo :)
After 10yr accumulation period, going in the growth period, if you do not add yearly pay in growth period, how much fund can you get 8 years or 30 years after accumulation period?
it will depend sa chosen fund eh, sa investing condition, at syempre yung plan itself (baka overloaded ng riders).
Anyways, di ito investment plan ha. So do not focus sa naiipon. Parang you are paying insurance para sa mga "ifs" natin. Pero kung wala naman mangyari "agad" di natapon yung pera. Meron kang makukuha. That's how you should look at vul plan like this :)
Good day po sir. Planu ko po kumuha ng sun life flexicare. Para skin at s anak ko. Tag isa po kmi.. kc affordable lng xa. 1.2k montly. Mgnda po b yn?
Totoo po ba n wla nkong bbyran aftr 10yrs?
Sun Flexilink po ba? Maganda po siya kaysa di po kayo insured. However, kausap muna kayo ng agent para maassist kayo ng maayos. Baka may mas okay pala na plan for you na pasok din sa budget :)
Sir ask ko lang po if pwede po ba e withdraw ang fund value? Thanks
Yes and No. May agent ka pa ba mam?
Hello Sir. Meron po ba. Kayong pdf file sa explanation ninyu sa video? Wala po kasing portfolio na na provide ang sunlife sakin didto sa men. I have the receipt dor initial payment
Then the 2 pages contract. And the breakdown of investment and payments.
Pero di po na cite ang mga explanationa nyo po.
Also in comparison to Pro life UK ng kaibigan ko. ..meron po shang yearbook explaining all the terms and regulations to avail. The insurance.
Sample po. Pag na aksidente ka and naputulan ng paa but nag jay walking .hindi mua avail ying insurance po
Another example
Nag drive pi kayo na hindi naka seat belt and na aksidente. Hindi rin i bibigay o i grant ang insurance ninyu po.
Merong Po Yung kaibigan ko Ng *clearbook. From pro life UK. Citing all the laws that govern the insurance policy bought Po.
Hi, Lanne! Please ask your advisor for your policy contract. Meron din tayong ganyan in yellow folder.
Yung explanation natin sa video ay general at nakainclude lahat ng riders. Yung plan mo, maaring iba sa naexplain. So best to ask your advisor. If hindi na active ang advisor mo, please PM me :)
Sir, my plan is already finish. Dba pwede ako mag withdraw, since meron akong dund value. Pero hindi nman lahat kukuhanin. Pag ganon dba till cover ako ng Insurance?
pwede naman, ask your agent to help you rin. Pa explain mo rin how long will your insurance lapse if mag withdraw ka against the funds.
sir pano po kung hindi na nakakapag hulog at 2 years lang nakapaghulog pwede po bang irefund yung pera?
Yes, po. Pwede niyo po makuha yung Fund Value if you decide to surrender your policy.
Even if nasa 5 years na po ako ng maxilink, pwede padin po b ako mg add ng hospital benefit ngayon ?
Yes, pwede ka mag add every policy anniversary. Ask your advisor for assistance ha
salamat po @@thewiseguyph6542
What if po , I took my sunlife maxilink plan when I was still in the Philippines in 2018 pero by 2021 nasa ibang bansa na po ako and tuloy tuloy padin po yung payment ko until now .Effective padn naman po yung life insurance ko na nakuha ko po? Hindi naman po null and void ? And what if po dto sa ibang bansa ako for instance na accident or namatay? Magagamit ko po b sya dto internationally? 😅
Yes, covered ka pa rin Thea. Ang null and void na plan ay yung mga OFWs na nagsign ng insurance pero nasa ibang bansa pala :)
thank you so much for the clarification !!! @@thewiseguyph6542
Sir, Panu po malalaman kun laps na yun insurance ko, since pandemic po dna ko nkakahulog.
Hi, Maria! I-notify ka ng insurance company kung lapse na siya. Kung hindi mo naman nareceive eh pwede mong itanong sa advisor mo, check your online account, or call the hotline (8555-8888).
@@thewiseguyph6542 Thanks po ❤️
Pwede po ba akong hindi magbayad sa nxt year q na yearly insurance if nadoble q pag pay this year. May fund value naman policy q. Pwd ba yung nasa fund value ang kakaltasan nxt yr para sa nxt nxt year na aq ulit mag pay annually?
Pwede naman if you'd like to do that. O pwede ka rin gumawa ng mutual fund para dun na lang ibabawas yung bayad mo. Anyways, better pa rin to consult your advisor.
Mag ask lang aq if kumuha ba aq ng riders na TDB, HIB tapos at age 60 hindi nagamit. Nanjan lang ba yung binayad? Or masasayang lang? Same din ba sa ADDD at CIB na until 70 yrs old? Nanjan lang ba yun or masasayang din ang bayad if hindi q nagamit ang riders?
Yung bayad mo sa riders para riders lang. Kaya mura lang ang riders. Parang sa HMO, magamit mo o hindi, di siya mapupunta sa funds mo. Hindi siya sayang, kasi covered ka eh. Paano naman kung magamit mo? Yung binabayaran mo diyan yung uncertainty na baka magamit mo agad.
For me, mas okay na kumuha ka na lang ng Sun Fit and Well for your health insurance needs :)
Btw, yung HIB at CIB na lang ang pwede mong i-add kasi existing policy owner ka na eh
12:25 alam ko pag suicidal bawal eh, not valid
may suicidal clause po lahat ng life insurance. 2 yrs po siya
@@federicosuanjr.4589 ah ganun po pala
Sir my tanung ako anu ung maxiprime sun life sir paexplain tska tanung ko anu kya mganda tlga n insurance sir
Maraming insurances Julie. As mentioned, iba iba ang needs natin so maaring maganda siya for me pero di sakto sayo. Need rin massess if fit nga ba yung plan sayo. We can only give insights pero best parin to talk with an insurance agent :)
sir i have a sunlife maxilink prime pero nasurrendered ko sya noong 2020 pwede pa rin ba akong kumuha ulit?
Yes, pwedeng same plan or another plan. Same pa ba yung goals na gusto mo maaddress using this insurance plan?
Kung continues naman po ang payment at lumalaki yung charge para cs CIB and Hospital benefit after every 5 years kukunin lang naman po iyun sa monthly premium hindi naman po ibigsabihin lalampas sa monthly premium ang need bayaran? & may loyalty bonus din po ba itong VUL plan? Thank u po
tataas din yung need mong bayaran. For this plan, after 10 yrs, CIB and HIB ang need mo icontinue bayaran. And for your other question, included na yung loyalty bonus sa projected fund ha
Meron po ba eto medical pg kumuha tulad ng feet n wel?
Pwedeng idagdag pero hindi kasing comprehensive ng standalone health insurance plan :)
Sir sa Maxilink 100 kasya po ba sa budget 1500 with 4 riders ? for a 22 year old non smoker and gusto 10 yrs lang babayadan? ( I know po na yung rider is babayadan kahit tapos na paying period)
Ibang plan na yan Lie. Iba ang conditions niyan compared dito sa video na ito. If you need assistance, you may send a message to me. Thanks!
Anu pong plan ung health insurance lng. Wla yang investment? Ung mgnda po?
If health, ang pinaka okay ay si Sun Fit and Well. Kindly PM me para ma-assist kita ha :)
How much ang insurance charges na binabawas after ng 10yrs payment?
iba-iba po yan sa insured
What’s your basis ng mga projections mo? Good to see figures but hindi mo na-elaborate what are the considerations for your “projections”. Hope to see a video na may full disclosure ng lahat.
Hi, Randz! Good to have you on our channel :)
You might have missed it, the details are in the video. The projections we shared were based on the proposal we created for Ton.
We believe, we have disclosed as much as we can in this video. Pero if you mean full disclosure as in showing the actual proposal, we can't do that. Sadly, as an insurance agent, there's a limit on how much we can share publicly :(
Instead of showing an actual proposal, pwede ka naman magrequest ng sit down discussion with an insurance agent. Para you can ask pertinent questions din. Kasi even if we show you the actual proposal, the projections, benefits, and the general feel of the plan are different for each individual :)
Yung captain fund po maganda po ba un?
Yung ganda ng investment depende siya sa expectations mo and risk appetite eh. Okay din ang Captains Fund kung gusto mo mag invest sa mga companies na leading sa different industries.
The best pa din siya kung magconsult ka sa advisor para maassess din yung investment profile mo :)
Hi po. Tanong lng po sana, pwede pa rin po ba mag top up sa Sun Maxiprime after po ng 10 years na paying period?
Oo, Louie. Flexible ang mga VUL plans. Pwede na mag pasobra sa yearly payment. Pwede rin na magbayad after 10 yrs. Maganda yan kasi mas makakabwelo yung funds mo.
@@thewiseguyph6542 maraming salamat po
Paano sir kapag naka 1year palang po? Tapos tinigil na Yung insurance? I mean ilan pa po makukuha duon? Kung 28k per annual
Why mo siya isurrender? Sayang yung plan mo. Magandang irevisit yung goal/s mo sa pagkuha ng insurance plan. Gaano ba siya kaimportante sa'yo. Ganyan.
Btw, keep in mind lang na kapag kumuha ka ng ganitong insurance, time and again, eh insured ka from the time na naapproved siya until you decided to surrender the plan. Kaya yung fund value na lang ang makukuha mo if ever ha.
Hi sir san po ako pwede mag apply
PM niyo lang po ako if you are interested :)
Maganda ba tong plan na to I am 26 yers old pa lg nmn po
Nakarelate ka ba sa napanuod mo. If yes, then consider this plan. Yung ganda or fit ng plan kasi, iba iba yan sa mga pangangailangan natin :)
i wonder eto inoffer sken even ang need ko is insurance for my baby education so what is the best plan for my baby?
It will depend on several factors. Pwede na ito yung best for the goal and current situation. Kaya maganda talaga yung personal discussion dahil duon siya maexplain ng mabuti at ma uncover yung need mo.
Thank you Ton. Papasa pa naman po kayong 25yo
Thanks bro! Happy New Year!
hi sir, pede ko ba makuha yung total fund value at age 60 pero guarantee ba din ang face amount?
terminated na po siya upon full wthdrawal ng funds
Magkno po ang monthly ng sun maxi link prime
Kindly message us. Wala kasing fixed rate :)
If 89 kana makukuha mo padin ba face value mo and value funds?
Fund value lang po if ma outlive yung plan :)
Hi Sir. Would like yo consult po regardibg sa situation ko. Nakakuha ako ng VUL 2yrs ko na sya binavayaran. Just like your presentation meron po akong riders na CIB, ADDB and HIB. Ang sabi po sakin ng FA ko is after 10yrs wala na akobg babayaran and insured ako till age 88. Di nya namention na after 10yrs I have to pay for riders pa pala. Ask ko lang Sir if mas okay ba na kumuha na lang ako ng sun fit and well and ipull out ang vul? Kasi ang gusto ko talaga is makatulong sa family ko if ever magkasakit ako and may naiwan if mawala ako. Worry ko pa paano if after 10yrs di ko na kaya bayaran yung riders lalo na yung CIB na tumataas pala habang tumatanda.
Hi, Jef1997! Sorry at ganyan ang naexperience mo, minsan talaga meron mga ahente na ganyan kaya need mo maging mapanuri bilang kliyente.
Based sa sinabi mo, "Kasi ang gusto ko talaga is makatulong sa family ko if ever magkasakit ako and may naiwan if mawala ako."
Dalawa ang gusto mo. Health insurance for you and then life insurance in case of death.
Para sa akin, okay naman yung plan mo. Ang problema lang eh di na set yung expectations mo properly.
Suggestion ko ay tanggalin mo na lang yung mga medical riders sa plan mo then get Sun Fit and Well (SFW). Para meron kang Life insurance from Sun Maxilink Prime and then health insurance naman from SFW.
Kung SFW lang, health insurance lang yun. Kung naclaim mo na yung major CI benefit tapos na deads ka eh wala ng makukuha yung family mo.
(Medyo long discussion 'to ha so iwan ko na yan sa advisor mo hehe)
Kung di mo pa kaya na kumuha ng 2nd plan, pwede ka na muna sa current plan mo. Kapag may budget ka na, let's say after 5 yrs ganyan, dun ka kumuha ng SFW then tanggalin mo yung riders ng 1st plan mo.
SUMMARY:
Sun Maxilink Prime - for your life insurance coverage
Sun Fit and Well - as your health insurance
@@thewiseguyph6542 thank you po Sir!!!
Kaso after 5yrs sir 30yrs old na po ako magmamahal na po yung SFW. Meron po ba kayo marerecommend na insurance na pwede ipalit sa vul ko? Yung meron po sanang makukuha if magkasakit ako at meron din maiiwan sa fam ko if mawala ako.
Salamat po ng madami! ❤
Sure, it's my pleasure to help :)
Actually, yung VUL mo na yung sagot sa tanong. Okay na siya for the meantime. Wala kasing isang plan na makakasagot sa lahat ng needs natin, meron at meron macocompromise.
For example, VUL for your life insurance coverage. Then Sun Fit and Well for your medical insurance. At dahil maaari na di mo pa kayanin yung 2 plans eh stick muna with your VUL. Remember, sobrang mura pa ng rider mo ngayon kasi nga 25 ka pa lang. Yung sinabi ko pala na after 5 yrs ay example lang. Kasi kung kaya mo na kumuha ng SFW then remove mo na yung riders after 2 yrs eh pwede naman.
Kung ang worry mo naman ay yung additional cost, I think di naman sobrang laki yung difference. At the same time, in our lifetime eh hindi lang naman isang insurance ang need natin. Syempre nagbabago yung lifestyle natin, priorities, and yung presyo ng medical procedures. Darating talaga ang point na kukuha at kukuha ka ng another plan kasi di na sapat yung plan na meron ka.
:)
sir sa asawa kopo maxilink prime 5yrs at maxilink 100 mag 2yrs pa riders,cib,hib,addb,parang ganun, tama lang po ba yan na plan sir, napaisip kasi ako now dapat sunfit and well nlng pala sana kasi fix lang if 10yrs to pay kaso nagpa compute ako ang laki sa 1m na fc amount gusto ko pacancel ang maxi 100 para palitan ng sfw tama po ba maging disisyon ko nttakot kasi ako baka malaki dif kapag after 10yrs na sa ibang riders
Sir, paano po yun sa ibang bansa ako nung nag apply ako ng sun maxilink 100. Di kya yun maging problema pagdating ng panahon? 6 years na po akong nagbabayad. Salamat po sa sagot
Question po, is it allowed to use two insurances when a parent pass away? I’m planning axa flexiprotect and sunlifr maxilink prime for my father.
You may get as many insurance you want for as long as insurable pa.
@@thewiseguyph6542 thank you po!!
Hi sir, ask ko lang kung tumataas po ba yung admin charge yearly? VUL kinuha ko at 2 years na, napansin ko na double yung admin charge na binabawas monthly compared sa unang taon ko, normal lang po ba yon?
Ask your advisor para maexplain sayo in details. Tho, dapat mas maliit na yung charges mo after 1st year and it will continue to decline sa 4th year onwards.
In terms of admin charge, possible na tumaas siya due to age, kasi under admin charge yung cost of insurance which is based sa age nga po.
Hi sir. Paano po kung hindi na naituloy ni client ang payment. After 2-3yrs niya ngbayad bigla umayaw na may makukuha po ba sya? Thank you.
Hi Cyrille 😊 Depende siya sa laman ng fund value. Kapag nagbayad kasi tayo sa VUL plan. Nahahati yung payments natin sa dalawa, i.e. insurance and investment. Ngayon kung tumigil ka magbayad, mag self liquidate o kakainin ng insurance charges yung natitira mo pang funds until such time na materminate yung policy.
The best way pa din ay check mo with your advisor kung meron pa bang funds na pwede kang maaccess.
If ever, kung kaya, reinstate/ituloy mo na lang yung plan. Lalo ngayon iba kapag may insurance ka. Mas makakafocus ka sa mga financial goals mo 👌
@@thewiseguyph6542 thank you sir 🙏
projected lang naman yan wlang kasiguruhan
Tama ka diyan @lalola. Kapag sinabi natin na investment eh wala talagang kasiguruhan mapa stocks, bitcoin, real estate, mutual fund, UITF, negosyo, etc.
Pero 'di ibig sabihin nun eh masama na agad yun ha. Kasi meron tayong tinatawag na high risk, high return. Kung 'di ka magririsk at gusto mo ng safety eh dapat okay lang sa'yo na walang kita o hindi lumalaki yung pera mo. Kumbaga nagiipon ka lang sa bangko. Kalaunan nga lang eh talo ka sa inflation.
As mentioned sa video, this is an insurance plan. Sakto to kung breadwinner ka o may mga financially dependent sa'yo. Okay din 'to for wealth transfer, estate planning, and business succession or for business continuity.
Kung investment at investment lang ang gusto mo ay hindi itong plan na to for you :)
Bakit po sa ibang insurance company allowed ang ofw kmuha is it dahil my license cla mgbigay abroad?
Totoo, bawal nga. Ang alam ko, membership kasi yung binebenta nila. So as a member, meron kang benefit na life insurance pero as a group yun hindi siya under your name.
Hai sir.. Paano kung dumating yung time na wala kna mang sakit or masasabi healthy ka kpg senior na... 10 yrs to pay kc ako at the age of 41 yrs old tapos na mag hulog nag start kc ako 31 yrs old... Balak ko kc mag widraw at the age of 60..nag growth napo kayo yung money ko? 😁 Salamat po pakisagot.. Insurance with investment po kc ang kinuha ko
Pinaka okay po bumalik sa advisor ninyo. Depende po sa mga riders attached and chosen fund kung kikita po kayo. As mentioned po, di po guaranteed ang investment kaya di natin masasabi if lumago na siya
kaso mga financial advisor pabor lang sa kanila par may makuha silang malaking commission kaya kung anu anu ang inioper nila
We cannot generalize that all insurance agents are only after your money. As you know, insurance agents are compensated based on their hard work. Meron sigurong ganyan, maaring nakadaupang palad mo pa nga. Kaya that's why we always highlight the importance of choosing your insurance agent. At the same time, it's your duty to do your due diligence.
If you have time, you may read the article we published about this topic. Here's the link:
www.thewiseguyph.com/most-hated-insurance-vul-scam/
How many beneficiaries can u enroll in ur life insurance plan?
Actually, there's no limit. Kahit ilan pwede. But keep in mind lang na kung masyadong marami ang beneficiaries mo eh baka mahirapan lang din sila dahil each beneficiary will have to submit same set of requirements.
As a guide, mas okay na yung pipiliin mong beneficiaries eh yung talagang financially dependent sa'yo.
61 years old n ung tatay ko maxilink plan nya wala n xang gnyan benefits n ksma
Yes po as mentioned additional coverage lang siya at meron age limit ang mga riders :)
Hi Sir. I need your honest advice pls.
Got the same policy sa Sunlife for 10 yrs. Insurance coverage is 5M.
I completed 7 yrs of payment na. First 2 years, my premium was 350k/year, then the ff years (5), nagbawas ako sa 100k yearly
Total payment = 1.2M, but my current fund value is 400k Php only.
I did undersand now as per ur explanation na this policy is more on Insurance and addtl na lang ang investment aspect.
Na ang first 10 yrs ay accumulation period pa lang (bwelo). And longterm commitment sa policy ang need like 20yrs and up para may big return.
Questions sir:
1.) Ok lang ba na from current 100k/yr, ibaba ko pa sa minimum na 15k/y?
Willing na ituloy naman after 10yrs if puede ang 15k/yr
*Ok lang na bumaba insurance coverage. Pero at least in full force pa din ung insurance aspect and policy in general hoping na totoong may return after 20yrs and up
2.) Magbabawas kaya sya ng malaki sa ADMIN CHARGE (kumakain sa fund) para ndi naman maubos ung current fund value?
*Coz ayoko ng maglabas pa ng malaking pera. Mas marami pakong paggagamitan kesa itodo ko lahat sa policy na when in need, ndi agad mkukuha or oif kunin ng maaga, 1/3 lang ng total payment mo.
since kaya lang naman ako na-convince ay dahil sa front ng FA na, “kesa sa banko lang pera mo na natutulog. Dito may mas malaki interest for 10 yrs and insured ka pa”
Mas naging front or may emphasis sa INVESTMENT and addtl or bonus na lang ung INSURANCE
But it turned out now na ndi totoo. It is the other way around. More on Insurance tlaga sya and addtl ang investment na long yrs commitmment ang need para tumubo (20 yrs and up)
If only naging honest ang FA sa umpisa, mas ndi masakit sana coz clients wont expect such BIG RETURNS in 10 yrs
3.) Based sa numbers given above, when man lang kaya maka-breakeven?
Sana masagot lahat ng questions para din sa iba na nagbabalak and with the same situation like mine
And if thres any advice u can give me para mas winner in the end
Thank you
Hi FearFactory_17!
This is best discussed with your advisor. Have you talked with him? Please share your worries sa kanya ha.
Btw, I'll be talking based on the details you provided. I don't know if you have riders attached to your plan which can somehow affect the fund accumulation.
Just like what you said, you paid 700k for 2 yrs and 500k for the span of 5 yrs. This is for a total of Php1.2M at nasa 400k lang yung funds mo ngayon.
I agree, there might be a misrepresentation sa part na it's an investment plan. That's why kami, we always highlight the importance of due diligence lalo na this is a "long term commitment."
However, meron ka din ginawa na nag constitute sa pagbaba ng funds mo.
At ano yun?
Simple lang, binaba mo kasi yung plan mo no. It's from 350k to 100k na lang ngayon. That's a decrease of 250%. I hope nadiscuss sayo yung repercussions ng decision mo. If hindi, ganito yung nangyare.
a. Like what I explained sa video, malaki yung charges o yung sa insurance side sa first 3yrs. At during that time ka nagdowngrade. If this is an investment decision, I can say na lugi ka. If this is a financial decison, wala na tayo magagawa, no choice eh, mas okay na yun kaysa mag stop.
b. Downgrading ur plan is like doing a partial surrender. So from 350k ginawa mong 100k na lang. Ibig sabihin niyan sinurrender mo yung 250k/yr na binayad mo o total of 500k sa dalawang taon. Dahil nga malaki ang charges during that time, good as gone na yung 500k. So malaking decision yan, na sana nga nadiscuss sayo no.
c. Kumbaga sa investment, yung first 2 yrs mo ay meron kang paper loss pero nung decide ka na mag 100k/yr. Eh, realized loss na yun. So that moment, wala na yung 500k mo (or almost).
d. That's the main reason bakit ang laki ng difference ng binayad mo versus sa funds mo. Biruin mo, 1.2M vs. 400k tapos ur on ur 8th yr na.
e. Kasi sa 4th yr onwards diyan mag aaccelerate yung fund accumulation. Too sad lang na nagdowngrade ka. So nawalan ng malaking pagakakataon yung funds mo na makabawi.
f. Kung mag downgrade ka ulit, due to an investment decision, same scenario lang yan. You'll go further down.
As to answer your questions:
1. Masyadong maliit ang 15k for this plan. And if you decide to downgrade naman it further mapipilayan ulit yung funds mo.
2. Charges naman are explicit na nakalagay sa proposal. At bumababa siya with time. More on monthly charge na lang ang meron sa plan mo at this point.
3. Nako, di ko yan maproproject sayo. One thing for sure, matagal yan makakabawi dahil nagdowngrade ka kasi. Normally breakeven ka na sa 10th yr kahit na 4% lang ang interest.
Sana di mo idowngrade ulit. Maybe, the best you can do ay mag top up para maalalayan mo yung funds. Discuss mo lang with ur advisor. If wala ka ng advisor, I can help naman :)
@@thewiseguyph6542 Thank you sa quick reply.
Nakaka-trauma na lang na magbigay ng another 100k for each year sa remaining na 3 yrs. That is 300k in total. Feeling, ko kakainin lang na naman yung FUND VALUE ko..
Parang everytime I pay, expecting na maka-rebound sa loss, it will only CREATE further loss. Further heartache.
I am willing naman sana to continue the policy if at least may instance for 7 yrs history na nag-gain ang fund kahit once.. Pero palabas lahat at pabulusok pababa =(
*Puede bang I-REQUEST sa Sunlife to lessen my INSURANCE COVERAGE from 5M to at least 1M, para ndi nila habulin sa FUND VALUE yung mga deductions?
Coz sa rate ng deductions nila for each month, baka dumating ang time na maubos na FUND VALUE.
*My goal now is to at least maka-breakeven kahit abutin pa ng 15 or 20 yrs and kahit magkano na lang ang INSURANCE COVERAGE
Is there any chance/hope for this goal?
wala akong kung anong riders pa
Again, yung experience mo ay mainly due sa pagbaba ng premium. Ganun talaga yung mangyayari despite sa total premium paid mo.
When it comes to investment talaga ang kalaban natin ay emotions. At the same time, hindi naset yung expections mo kaya siguro ayun din ang nakatrigger sayo na ibaba ang premium.
Tulad ng nga ng suggestion ko, I think ang best remedy ay excess premium. Kasi anything you paid in excess of 100k eh mapupunta yun sa funds mo and wala yun monthly charge. So eventually makakatulong yun sa pag breakeven mo.
Btw, di ko pala naitanong. I have 2 questions:
1. Paano ka ba nagbaba ng premiums? Meron bang formal request like meron kang forms na sigagutan para maibaba yung Face Amount? O nagbawas ka lang ng premium without documentation?
2. Can you share magkano ba yung monthly charge (nakikita sya sa portal) policy mo? Kasi sabi mo it causes you heartache eh. Para at least meron tayong reference amount :)
@@thewiseguyph6542
1. Text messages lang ang request ko to make it 100k/yr. Nagsabi naman in fairness ang FA na maaapektuhan nga ang fund value later on. Pero walang formal documentation.
Is it possible anwyay? (pls answer honestly as per the Sunlife Policy) Coz I was expecting this before para maupdate sa system and expecting na bababa na din deduction ng system since it is like nakaset na na may computations.
Kakausap ko lang sa FA ko and she said, it is not possible to downgrade ur insurance coverage (is this true)?. meaning 5m na talaga ang coverage. kanina ko lang nalaman na face value is 5m and during demise, x2 sya kaya 10m in total.
pero if possible lang sana, irequest formally ang 100k/yr, ok lang babaan inurance coverage. para may justice on both sides.
if totoo manm na di puedeng babaan ang insurance coverage (face value is 5m for eg) and same deductions na pang 5m, un ung ndi maganda sa policy
coz what if sa ika 5th year, nawalan ka ng job? ndi mo kaya ung before na 350k yearly, meaning ba, Sunlife will force you to pay that same amount, OTHERWISE sa fund value mo lahat naman ichacharge yung pang 5m na coverage.. ganon po ba iyon?
2.) Charges per month:
2015 - 2680
2016-15489
2017-9089
2018-4290
2019-4431
2020- 3014
2021- 3235
2022- 3235
@@thewiseguyph6542 Just last week fund value is 400k, then March 4 - 397k, then earlier today - 392k
every december ako nagbabayad ng 100k
feeling ko paubos tlaga fund value ko.
kaya im thking na isurrender na lang para makuha ko pa remaining fund value and iinvest sa mp2 na wala kang need na bayaranb sa fund mgrs
sa SUnlife kasi, sorry ka if bagsak stocks, bawas sa fund value mo, then sorry ka pa ulet dahil bawas sa fund mgrs fee
tapos kuha na lang separte life insurance for protection and yung mas mababa na charges
what can you advice para makarebound kahit papano?
Ano po ba yung fund value at current fund value? Yung current fund value ba yung pwede mawithdraw? 🫠 Pasensiya na. First time ko kasi mag insurance.
Yes, ang fund value yung laman ng account mo. Disregard mo na yung current hehe malilito ka lang :)
@@thewiseguyph6542 yung current fund value po yung pwede i-withdraw? SORRY ANG KULIT KO SIR. 🥲 Yung fund value po kasi nakalagay lang 3100 lang tas yung current fund value ay nasa 40k. Kinakabahan ako kung lumago ba talaga. HAHAHAHAHA!