Sheila Lim - Financial Advisor

Last unit meeting of the year. Congratulations to all achievers!

Pru Life UK is one of the Philippines’ Best Employers for 2023! Our employees’ passion and hard work inspire us to become an employer of choice.

Be part of the Pru Life UK family. Visit prulifeuk.com.ph/en/starting-a-career-with-pru/

Read the full story here: business.inquirer.net/367101/how-were-the-best-employers-chosen

As responsible and loving parents, it is top priority to secure and protect the future of our kids.

October is BREAST CANCER AWARENESS MONTH!
Do you need CRITICAL ILLNESS INSURANCE?

🎀Yes! Unless immuned ka sa anumang sakit.
🎀Yes! Unless ayaw mo mag-pagamot at gumaling sa sakit mo.
🎀Yes! Unless may enough savings ka para sa pagpagamot mo.
🎀Yes! Unless guaranteed mo na kaya ka ipagamot ng pamilya mo.
🎀Yes! Unless sigurado ka na may donasyon ka galing kay Mayor, PCSO or GoFund Me.
🎀Yes! Unless willing ka ibenta ang properties na na-ipundar mo.
🎀Yes! Unless "Bahala na si batman attitude" ka.

Facts about claim process:

1. For claims within 2 years, 2year contestability period wil be applied by all insurance companies.

*To check if there was any concealment or misrepresentation when a person applied for a policy. *Process will take longer than policy claims beyond 2 years. Policies beyond 2 years will no longer undergo investigation. Just submit complete requirements and it will be processed immediately.

2. In any claim process, there are corresponding requirements. Hindi gagalaw ang claim process if hindi complete ang nasubmit na mga requirements. That is one of the common reasons for delay.

3. Turn around time based on 2020 claims report:

*Policies within 2 years, 25-45 days if complete requirements were submitted.

*Policies beyond 2 years, 2 weeks if complete requirements were submitted.

4. Claim processs stories are case-to-case basis. Social media rants should be carefully evaluated, facts of the case must be evaluated to avoid unnecessary panics.

5. Approved claims of Pru life UK in 2020.

✔Approved claims- 2,775 cases
✔Claims proceeds- 986 M
✔Average Turn around time- 17 days
✔Shortest policy age with claims-3 days

Are you ready for your retirement?

Assuming you retire at 65 and live for 20 more years, how much do you need to survive? Let's say you will spend 100 pesos per meal. You will then spend 300 pesos a day. 300 x 365 days is 109,500, so for 20 years you will need 2,190,000 pesos for food alone. And that's assuming you spend 300/day, when we know it"ll be more than that given the price of food now and factor in inflation. How about electrical/phone/internet/water bills, maintenance meds, check ups and treatment, home improvement and maintenance, vacation, and other things you will need to pay for even when you are retired?

Retirement planning is something you should do now while you are still earning. The earlier you start, the better and easier it'll be. If you want to know how, send me a message for a free consult.

Just finished preparing for tomorrow's tech topic presentation. Good night, ladies!

A long but productive team CORE planning with abundant food and laughter.

Better to be 5 years early than 5 minutes too late.

Let me help you prepare for life's uncertainties.