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[TL:DR pero may learnings, VUL Holder]

May client ako na nagpa review ng existing policy nya.

Almost 6 years na syang naghuhulog and nakita na nya ang value ng kanyang hinuhulugan.

He's paying the plan for PHP 2,500.00/MONTH simula 21 y/o sya. The coverage are as follows:

Maxilink Prime (10Year Plan)
Death Benefit: 1,000,000.00
Accidental Death Benefit: 500,000.00
Excess Premium: 7,875.00

Fund Value as of 01/29/2022 (100% Equity): PHP 130,216.02
Units Bought: 32,951.9
Unit Price: 3.9517

QUESTIONS ASKED:

𝗕𝗮𝗸𝗶𝘁 𝗽𝗮𝗿𝗮𝗻𝗴 𝗹𝘂𝗴𝗶? 𝗡𝗮𝘀𝗮 𝟭𝟯𝟬𝗸 𝗽𝗮𝗹𝗮𝗻𝗴 𝗮𝗻𝗴 𝗙𝘂𝗻𝗱 𝗩𝗮𝗹𝘂𝗲 𝗽𝗲𝗿𝗼 𝟭𝟴𝟬𝗸 𝗻𝗮 𝗮𝗻𝗴 𝗻𝗮𝗵𝘂𝗹𝗼𝗴?

- Good question, VUL or Maxilink Prime is a Life Insurance with Investment component. Meaning, hindi ito mainly focused on investment but rather a Life Insurance. PERO, in case na kailanganin for future financial needs, pwede kang mag partial withdrawal dito.

𝗗𝗶𝗯𝗮 𝗻𝗮𝘀𝗮 𝗽𝗮𝗻𝗱𝗲𝗺𝗶𝗰 𝗽𝗮? 𝗠𝗮𝗴𝗸𝗮𝗻𝗼 𝗽𝗮 𝗮𝗻𝗴 𝗽𝗼𝘀𝘀𝗶𝗯𝗹𝗲 𝗻𝗮 𝗺𝗮𝗸𝘂𝗵𝗮 𝗶𝗻 𝗰𝗮𝘀𝗲 𝗻𝗮 𝗺𝗮𝗸𝗮 𝗿𝗲𝗰𝗼𝘃𝗲𝗿 𝗻𝗮 𝘁𝗮𝘆𝗼 𝘀𝗮 𝗽𝗮𝗻𝗱𝗲𝗺𝗶𝗰?

- While we are still recovering, medyo may paghihintay pa para makabawi ang market sa pandemic na ito. Pero magkano nga ba? By looking at current fund price, nasa 3.9 pesos per unit si equity pero prior to pandemic, nasa 4.5 pesos per unit sya. Kunwari na bukas biglang bumalik sa normal ang lahat (syempre kunwari lang) ang value ng shares mo at 4.5 pesos per unit ay magiging 148,283.55. Pero again, pwede itong bumaba o tumaas pa sa 4.5. Araw araw ang pagbabago ng presyo.

𝗔𝗻𝗼 𝗮𝗻𝗴 𝗸𝗮𝗶𝗹𝗮𝗻𝗴𝗮𝗻 𝗸𝗼𝗻𝗴 𝗴𝗮𝘄𝗶𝗻 𝘀𝗮 𝗽𝗹𝗮𝗻 𝗻𝗮 𝘁𝗼? 𝗣𝘄𝗲𝗱𝗲 𝗻𝗮 𝗯𝗮 𝗮𝗸𝗼 𝗺𝗮𝗴 𝘄𝗶𝘁𝗵𝗱𝗿𝗮𝘄?

- Pwede! Walang charge sa withdrawal, libre sa unamg beses within the policy year. Pero reminder, mababawasan ang units mo dito. Since nasa accummulation stage ka o nasa paghuhulog stage, suggestion ko na ipunin mo muna ito para mas malaki ang potential na mag grow pagdating ng panahon. Pero kung kailangan talaga, pwede ka naman mag partial withdrawal.

𝗦𝗮𝗯𝗶 𝗻𝗶𝗹𝗮 𝗸𝗮𝗸𝗮𝗶𝗻𝗶𝗻 𝗹𝗮𝗻𝗴 𝗻𝗴 𝗰𝗵𝗮𝗿𝗴𝗲𝘀 𝘆𝘂𝗻𝗴 𝗽𝗼𝗹𝗶𝗰𝘆 𝗸𝗼?

- Tignan mo ang charges sa column (IMAGE A), sa 130k fund value, 2,449.00 lang ibabawas sayo ngayon taon, do you think uubusin nya ang fund value mo?
- Possible sya maubos kung: 1. iwiwithdraw natin ang fund mo 2. Malaki ang Critical Illness Benefit at HIB rider mo at hindi mo na ito huhulugan (pero wala kanaman ng ganitong riders) or 3. Hindi ka na maghuhulog mula ngayon. You can refer to the charges column para sa mga susunod pang charges sa taon.

𝗘𝗵 𝗱𝗶𝗯𝗮 𝗽𝗿𝗼𝗷𝗲𝗰𝘁𝗲𝗱 𝗹𝗮𝗻𝗴 𝘆𝗮𝗻 𝗰𝗵𝗮𝗿𝗴𝗲𝘀?

- Let's see your actual charges this 6th year (IMAGE B), kada buwan ang charge mo ay 171.28, that is 2,055.36 for 12 months.

𝗔𝗻𝗼 𝗽𝗮 𝘀𝗮 𝘁𝗶𝗻𝗴𝗶𝗻 𝗺𝗼 𝗮𝗻𝗴 𝗸𝘂𝗹𝗮𝗻𝗴 𝘀𝗮 𝗽𝗹𝗮𝗻 𝗻𝗮 𝘁𝗼?

- Health coverage. Wala ka pa nun.

It is important that you know how your VUL works. Talk to your advisor and have a policy review now! ☺️

©️ Omac Principio

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Never live beyond your means. Save for the rainy days, know your priorities and invest wisely. 🙏🏻🧡🌿 — Sharon Grace Derdi Angel 💫

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