Financial Advisor - Arlene B. Freo

The only money rules you need 💯

Your situation is nothing. Your response is everything.

Realities if you don't have enough insurance coverage or anyone in your family 💯

Don't lapse your insurance policy. There are a lot of people who wish they also have the same plan as yours but they are no longer insurable.

Friendly Reminder:

Pay your premium on time. 🫰

Stay insured. Stay protected. Stay committed.

Please don't let your million-peso insurance policy contract turn into just a piece of ordinary paper. 😊

Your Trusted Financial Advisor - Arlene B. Freo

10 LESSONS ON FINANCES: 💯

1. If your salary here in the Philippines is below P20,000, we will be exhausted. Add income or aim for higher compensation. We can do that.

2. Build an EMERGENCY FUND - amount that can hold your expenses for 6 months in case you lose income.

3. Follow this MONEY FORMULA:

Income - Savings = Expenses

First set aside savings no matter how small. This way, you can build the proper habit and mindset.

4. If you can't AFFORD - don't buy. Sometimes, we are the ones who put ourselves in a difficult situation because we are impulsive shoppers. Use 14-day rule.

5. It's not because it's on SALE, you're going to buy. Especially if you really don't need it. That emotion will pass.

6. Zero debts = Peace of Mind. Avoid if you can't manage the debt. Many are anxious because of debt that's why they can't work properly.

7. BUDGET - you cannot improve something you don't measure. Know your total income and total that comes out of your expenses.

8. Must learn to live BELOW OUR MEANS. Don't go broke trying to look rich. It's okay that things, shoes and clothes aren't always new. As long as that's okay.

9. MONEY IS NOT EVERYTHING, but we cannot deny the fact that we NEED money to live comfortably. So, SAVE and INVEST properly.

10. Life and health insurance are not expensive, death and illness are. Be financially protected.

You can change your life and financial status with proper mindset and disciplined actions. Let's use the remaining 6 months to have financial growth!

Photo credit to the owner 📷
Photo not mine 📷

Orphan Client Servicing! 🤗

Hi Friends👋😊

Are you already a Sun Life Client and wish to expand your knowledge about your present insurance yet your Financial Advisor is no longer available nor connected to the company, Then don't worry, My service is waiting for you.

I'm here willing to help you! 🥰

Arlene Freo
Licensed Financial Advisor
Sun Life of Canada Philippines Inc.

April 9 is the Day of Valor. Let us remember and honor the sacrifices of our fellow Filipinos today and beyond lifetimes.

As your Partner for Life, we will be by your side as you face challenges and go through tough times. ☀

Do something today that your future self will thank you for. 💛

PWEDE BA eREFUND yung mga NAIHULOG sa INSURANCE COMPANY❓

One of the most common concerns ng clients ay ang usaping REFUND.

Pwede nga ba mag-refund?
Paano kung tumigil na sa pagbabayad?
Mawiwithdraw ko ba ang mga premiums ko?

⭕ Simulan natin ito sa Term Insurance.
Prepaid po ang mga insurance.
Meaning, parang renta. Babayaran mo agad yung term or period na sakop ng insurance.

If ang term insurance mo ay yearly ang term, you pay now. Then covered ka.

If di ka na magbayad next year, di ka na covered. Ganun kasimple.

So may mawiwithdraw ka ba? Wala.

⭕ Paano naman kung VUL or Variable Unit-linked ang nakuha ko? Insurance with investment.

Kapag ba tumigil ka na (surrender), mawiwithdraw mo ba exactly lahat ng PREMIUMS na binayad mo? Hindi.

Ang ma-wiwithdraw mo lang ay 'yung current value ng Investment mo. (Fund value)

⭕ Bakit ganun?
Mas mainam pala ang bank. Pag nagdeposit ako, mawiwithdraw ko exactly the same.

Opo, yan ang purpose ng bank.

Iba ang purpose ng insurance. Iba rin ang investment.

⭕ Tatandaan, binibili mo ang service ng insurance contract. Kung 3 million death benefit yan, yan ang binibili mo.

⭕ So bakit nga walang REFUND?

Kapag ba bumili ka ng isang bagay o service, tuwing kelan lang may refund? Ano ang refund policy?

- kapag may DEFECT.

E kung wala namang defect ang policy, walang marerefund.

⭕ Wala naman akong naging sakit, sayang lang binayad ko.

- Bigyan kita ng analogy. Naghire ka ng bodyguard to protect you from harm. Pinasahod mo ng 5k a month.

After 2 years, nakapasahod ka na ng 120k. Wala namang umatake sayo.

Can you tell your bodyguard na, "Kukunin ko na lahat ng 120k na pinasahod ko sayo kasi di naman ako napahamak, wala namang umatake sakin."

Anong response ng bodyguard?
"Ay babalik ko sayo, may patago ka teh?"

Same concept.
You buy insurance to get the service of protection.

Kada oras na dumadaan na IN FORCE ang insurance contract mo, liable ang insurance company to fulfill the contract's obligations.

So ang Insurance charges na nababayad mo out of your premium, doon yun napupunta.

Hindi sya nasayang 😁☕️

CTO

To the strong and bright women, we honor you and all the contributions you made under the sun. ☀

At Sun Life, we are proud that 72% of our Financial Advisors are composed of powerful women who wants to change the world. Together, let's support all women in securing a brighter future. 💛

Happy International Women's Day!

Friends DO NOT LET friends walk around without Insurance and/or Investment 🫶