Financial Planning with Kuya Mark

TO ALL PARENTS, TITO, TITA, NINONG AT NINANG, ATE AT KUYA 🙂

Ito ang plan mo na magbibigay ng GUARANTEED payouts forever! 💛

SUN SMARTER LIFE ELITE PESO 10 🔆

Magbibigay si Sun Life ng 8% GUARANTEED Cash Benefit on the 6th year of the policy, and every after 2 years until age 100 😍

Sun Smarter Life Elite 10 summary:
✅ Double ang death benefit of the insured
✅ Merong GUARANTEED 8% endowment benefit
✅ Meron kang cash DIVIDENDS yearly
✅ Okay siya sa taong may hesitations sa VUL, kung hindi sila comfortable iinvest sa stocks ang pera nila
✅Meron GUARANTEED Cash Value or loanable amount with only 0.83% interest rate per year where you can pay at your convenience!
✅ Perfect para sa mga taong sigurista
✅ 10 years to pay only at may 5 years to pay!

For example if you have
1,000,000 Death Benefit
8% is the guaranteed endowment benefit. That is equal to 80,000 starting on the 6th year

On your,
6th year : 80,000 + dividends
8th year: 80,000 + dividends
10th year: 80,000 + dividends
12th year: 80,000 + dividends
until 100 years old!

Yessss 💯

Praying 🙏

Insurance Fact: Mas mura ang premium kapag mas bata ka nag avail and mas mabilis ang approval kasi healthy ka pa 😊

Tara pagusapan na natin ang plan mo :)

Pakisabi po usap muna kami haha 😄

Konti nalang mag bbirthday kana ulet beshy! Tara na mag start kana.
😊😊

Wala muna Insurance post ngayon, register mo kaya muna sim card mo 😅

Finance based on the bible 🤗

Sa edad mo ngayon,
Anong napatayo mo?

Tuloy mo lang 💛🌞

Scenario:

Friend 1: Gipit ako ngayon. Stop na ako. Pwede ko ba makuha lahat ng dineposit ko? (After paying his regular-pay VUL for a few months)

Friend 2: Bakit, pag nag-claim ka ng coverage for death or sickness, pwede ba bawiin ng insurance company?

Hehe! Kidding aside... bakit nga ba usually walang nakukuha kapag a few months old pa lang ang policy mo?

1.) It's not a bank deposit account.
A regular-pay VUL policy is NOT a bank deposit account, where you can "park" your money and withdraw whenever you want. It is a protection contract between a client and an insurance company. Hindi sya fair for the insurance company kasi malaking risk ang tinataya nila. Milyones ang kapalit ng binabayad mong premium. The only time na may makukuha ka from your policy is kapag may tubo na ito from your investment (fund value), which is only possible kapag matagal na ang policy (at least three years).

2.) It's like hiring the services of a bodyguard.
Think of a VUL policy as your BODYGUARD. Regardless po kung may mangyari sa iyo o wala, kailangan nyo po syang sweldohan, kasi you were protected during the time na ni-hire nyo sya. Plain and simple.

3.) You are buying an asset.
Sa insurance or VUL po kasi, you are basically buying an asset with the choice to do it by "installment." Example, you are buying 1M coverage for 3k a month. If you were saving sa bank, it will take you nearly 30 years bago yan makumpleto. Pero sa insurance, agad-agad. Ownership was effective since Day 1 (for as long as you keep paying your premium). Same with buying a house. If you stop paying for the mortgage, wala kang makukuha. Hindi mo pwede bawiin ang downpayment mo. At lalong di mo rin magiging pagmamay-ari yung property kahit partially paid na. Subject for foreclosure.

Kaya for as long as binabayaran mo ang premium mo, mananatili ang promise ng insurance company to give that big amount if something bad happens to you. Once you stop, the company will also stop with its responsibility with you..

Ang delikado dyan is kung may mangyari sayo at cancelled na ang policy mo, hindi ka talaga maka-cover.

Kaya if I were you, continue mo lang no matter what. I understand mahirap situation nyo now pero di hamak na mas mahihirapan kayo kapag nagka-emergency at ikaw mismo at sumabay ka to an already existing financial problem.

Tandaan mo, maraming pwedeng mangyari sa isang minuto at hindi ka dun exempted. Even in your sleep, something could happen.

𝐒𝐇𝐎𝐔𝐓𝐎𝐔𝐓 𝐓𝐎 𝐀𝐋𝐋 𝐁𝐑𝐄𝐀𝐃𝐖𝐈𝐍𝐍𝐄𝐑𝐒!

𝐖𝐡𝐲 𝐝𝐨 𝐲𝐨𝐮 𝐧𝐞𝐞𝐝 𝐥𝐢𝐟𝐞 𝐢𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞?
Kasi kaya ka nagta-trabaho dahil sa pagmamahal mo sa pamilya mo, you are providing their needs and wants. At kung dumating man ang oras na mawawala ka, tuloy-tuloy pa rin ang income na pino-provide mo thru life insurance.

𝐁𝐚𝐤𝐢𝐭 𝐦𝐨 𝐧𝐚𝐦𝐚𝐧 𝐤𝐚𝐢𝐥𝐚𝐧𝐠𝐚𝐧 𝐧𝐠 𝐡𝐞𝐚𝐥𝐭𝐡 𝐢𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞?

Dahil ang sakit pwedeng dumapo sa kahit sino at sa di inaasahang oras. Kung sakaling ikaw yun, sino ang inaasahan mong tutulong sa’yo to pay for the hospital bills kung ikaw lang ang nagta-trabaho sa pamilya mo? Paano kung di kasya ang ipon mo? Paano ka pa makakapag-trabaho? Yung health insurance ang tutulong sayo.