FA Jeremy- The PRUtecting Mama

"𝗗𝗜𝗙𝗙𝗘𝗥𝗘𝗡𝗧 𝗣𝗥𝗢𝗙𝗘𝗦𝗦𝗜𝗢𝗡, 𝗢𝗡𝗘 𝗠𝗜𝗦𝗦𝗜𝗢𝗡."

From different fields to becoming Financial Advisors!🤩

Join our Online Career Preview and get to know how you can work with us PART TIME from the comfort and safety of your own home. ❤️

Must be:
📍 Residing in PH
🎓 4 year Course College Graduate
👩🏻‍🦰 20-45 years old

What if i-try mo lang muna umattend before you say No?🥰

𝗔𝗻𝗴 𝗶𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗻𝗴𝗮 𝗯𝗮 𝗮𝘆 𝗻𝗲𝗲𝗱? Tara tingnan natin.

⭕ 𝗜𝗻𝗰𝗼𝗺𝗲 𝗿𝗲𝗽𝗹𝗮𝗰𝗲𝗺𝗲𝗻𝘁
- What if you are taken out of the picture. Your capacity to earn income stops. Your future economic value drops to zero. If you want to cover for the financial impact it will have to your dependents, need mo may pampalit.

- When you die, 2 things has to happen. Someone or something has to replace you. Someone = maaaring asawa mo ang mag-doble kayod.
Something = insurance benefit ang magtutuloy

⭕ 𝗖𝗿𝗶𝘁𝗶𝗰𝗮𝗹 𝗜𝗹𝗹𝗻𝗲𝘀𝘀 𝗖𝗼𝘃𝗲𝗿
- What if you get sick horribly? Malaking gastusan ngayon ang critical illness. Some doctors may require you big chunk of money agad. At least, if may insurance, may pagkukunan.

⭕ 𝗔𝗰𝗰𝗶𝗱𝗲𝗻𝘁 𝗮𝗻𝗱 𝗛𝗲𝗮𝗹𝘁𝗵 𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲
- may chance naman na hindi ka agad ma-take out of the picture, and hindi naman malala agad ang sakit, pero ang income mo ay magsuffer pa rin. That is if you encounter accident, surgeries, minor illnesses. Kahit nga 5 days ka lang mawala sa work, baka malaking impact na ito sa income mo. So you need to replace it. As complement sa mga HMO and philhealth na meron ka.

⭕ 𝗘𝘀𝘁𝗮𝘁𝗲 𝗣𝗹𝗮𝗻𝗻𝗶𝗻𝗴
- Legacy rin ang insurance. Do you want to grow your money? Or CREATE new money. Kasi sa insurance, after you sign the contract, you NET WORTH will increase agad kung magkano ang nilagay mong INSURANCE COVERAGE. That's RECEIVABLE already. Guaranteed yan.

- Gusto mo bang pamanahan ng real property worth 5M? You shell out 5M. Kotse pamana mo? Shell out 1M. And once they receive it, they receive it as is. If want nila gamitin sa ibang purpose, they have to liquidate. Mahirap magbenta.

- Estate taxes of 6% has to be paid. Multiply mo lahat ng NET ESTATE mo by 6%. Sample, 20M lahat ari-arian mo, 1.6M dyan ay mapunta sa taxes ng gobyerno. Insurance can be a NEW MONEY source to pay for the estate tax.

- It serves as your wealth distribution planner. Last will and testament? You can do that by irrevocably designating your beneficiaries upon application.

⭕ 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗲𝗱𝗲𝗺𝗽𝘁𝗶𝗼𝗻 𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲
- When you apply for a housing or car loan, you might be requested for an MRI. Kumbaga collateral ng bank. Need mo may ipakita as something that you own, so that when you will be UNABLE to pay, may hahabulin sila. When you die, may kukunan sila ng pera. That's why, pinapakuha ka ng INSURANCE even ng bank. If you have an insurance policy, you can assign it to the bank. No need to buy a separate one.

⭕ 𝗞𝗲𝘆𝗺𝗮𝗻 𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲/𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗣𝗿𝗼𝘁𝗲𝗰𝘁𝗶𝗼𝗻
- When you want to protect your key person sa company or business, may it be the president, the board, or anyone vital to the organization, the Corporation can get an insurance (as the policy owner and beneficiary). Bale Life insured si Key Person. So if that person dies, the Corporation can use the Life insurance proceeds as TRANSITION COST. Pwede kasing need mag-hire ng bagong papalit sa management, training, new strat plan to mitigate losses. Doon papasok si insurance.

⭕ 𝗘𝗺𝗽𝗹𝗼𝘆𝗲𝗲 𝗕𝗲𝗻𝗲𝗳𝗶𝘁𝘀
- If you are a company owner naman or an employer, and you want to give your employees as part of their remuneration package ang insurance, pwede rin. Basically, you insure your employees, Corporation ang policy owner, beneficiaries ay ang family members ni employee. May corporations na prefer ang Group Insurances kesa HMO. Meron naman, both.

NOW, there are insurance plans out there na may Investment component. (Variable Unit-Linked policies) or VUL. Here are some reasons why people need insurance through VUL.

Purpose kasi ng insurance na habang nag-iipon ka for your investment goals, protected ka from life uncertainty.

⭕ 𝗥𝗲𝘁𝗶𝗿𝗲𝗺𝗲𝗻𝘁 𝗣𝗹𝗮𝗻𝗻𝗶𝗻𝗴
- Maraming VUL ngayon ang insurance components na at the same time ay inaallow rin si client makapag-invest sa chosen funds nila. Ang role lang ng insurance dito is para habang iniipunan ni Client ang kanyang retirement plan (through manula investing, SSS, MP2, VUL, etc.) ay protected sya sa anumang life uncertainty para hindi mahinto ang pag-iipon.

⭕ 𝗘𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻 𝗣𝗹𝗮𝗻𝗻𝗶𝗻𝗴
- Same concept sa Retirement planning. Pero ang insurance ay not education plan nor retirement plan. Income protection ito.

⭕ 𝗕𝘂𝗶𝗹𝗱𝘀 𝗵𝗮𝗯𝗶𝘁 𝗼𝗳 𝘀𝗮𝘃𝗶𝗻𝗴 𝗮𝗻𝗱 𝗯𝘂𝘀𝗴𝗲𝘁𝗶𝗻𝗴
- Personal take ko ito ah. Nung bumili ako ng Real property ko, sabi ko noon, aside sa mga common reasons bakit nga ba bibili ng investment as real property, bibilhin ko to "Para hindi kung saan saan mapunta ang pera ko".

And it worked. Forced savings kasi. Mas naging conscious ako sa pera ko, sa gastos. Mas lumiit ang DISPOSABLE INCOME ko. Therefore, mas na-value ko kung saan dapat gastusin ang pera.

Now, if you see 1 or 2 reasons there that applies to you, and wala ka pang Insurance policy, consider getting one!

Ask your FA. If wala pa, PM me! 📩

For the meantime, I want to help you by sharing my knowledge.

Jeremy Reyes
Licensed Financial Advisor
Asst. Unit Mngr.

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Retirement is closer than you think. Start today—small savings can lead to a secure and stress-free future.