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.

Sahod reveal 🤑

Meeting with an advisor doesn't necessarily mean na kailangan mo na agad kumuha.

It's basically allowing yourself to know every detail and benefit, and even compare to find the best plan for you. ✨

Best if mag Financial planning pa kayo para alam mo rin kung ano ang financial needs mo na kailangan mo gawan ng solutions at kung papaano.

Having an insurance plan is a lifelong commitment and security mo at ng family ang nakasalalay dito. Hindi lang ito basta product na bibilhin at babayaran mo monthly. Kaya mas makakabuti rin sa'yo kung maiintindihan mo ang bawat nilalaman nito. 🫶🏻

Ano besh, tara G? 📩📩📩

Less than 2%.

That’s the insurance pe*******on rate in the Philippines from 2016 to 2020, according to the Key Statistical Data published by Insurance Commission last January 2023. (https://www.insurance.gov.ph/wp-content/uploads/2023/01/Key-Statistical-Data-2016-2020-Final-Figures.pdf)

Sa years na yun, nasa 102.5M to 108.8M ang population natin. Nasa ~40M ang labor force. Ibig sabihin, nasa 2M lang ang insured sa mga panahon na yun.

-

A few days ago, I had a meeting with a client na dual citizen. Lumaki siya sa Europe pero andito siya ngayon sa Pinas.

One of our topics was bakit mas mahal ang insurance dito sa PH, generally speaking. Yan ang sagot - “less than 2%”. Dahil mababa ang insurance pe*******on rate, we have to pay for higher premiums to cover the risks. After all, insurance is a risk-sharing business. Sa ibang bansa, mura ang insurance since a huge % of their population is insured.

I told him na sa Pinas, may stigma pa rin pagdating sa insurance. Paano ba naman, for a lot of people ay taboo topic ang (1) pera at (2) death - eh kaso, life insurance is precisely about those two. Combo eh no 😅 And because of this, i-add mo pa yung misinformation on social media and yung bad experiences na shinashare rooted on unsatisfactory servicing ng agents, e talagang hindi open ang karamihan ng Pinoy sa usapan ng insurance.

He was surprised to learn about this. First time daw nya marinig yun. Paano rin ba naman, sa kanila daw kasi sa bansa kung saan siya lumaki, legally required ang pagkakaroon ng life insurance. As in kailangan mong bumili sa private provider by law. Kasi nga naman, this secures the financial stability ng mga maiiwan, in the event something happens to you - and their people recognize that.

—

I envision securing more Filipinos by letting them understand the true value of insurance and experience good servicing. Next time, tataas na yang number na yan - one Filipino at a time.

When there is a significant rise in the % of population insured, maybe in this lifetime, maabutan natin yung sobrang murang insurance kagaya sa ibang bansa. 🤞🏻

ctto.

This water bottle at the supermarket is worth 10php.

The same bottle at a hotel is 150php, and at an airport, 200php.

Same bottle, same brand. The only thing that changes is the place. Each place gives a different value to the same item.

When you feel worthless, change places, don't stay there.

Have the courage to change your circle of influence and go to a place that sees your value.

Surround yourself with people who appreciate your worth. Don't settle for less. ❤️

(c)

Ganito dapat yung problema natin.

Huh!? Sweldo nanaman? Di pa nga nauubos yung sahod ko nung nakaraan!
Sahod nanaman?!

Pramis. 🤞🤡

Kinaya, kinakaya kakayanin🙏💪

Team Numbawan!!! ☝🏼 Congrats Sun Lifers! Sun Life Philippines 12 years as No. 1 in the Philippines! 🙌🏼👏🏼

* #1 in New Business
* #1 in Total Premium

Madalas talaga we see life insurance as an additional expense. Pero isipin mo, lahat naman ng binibili natin gastos talaga. Ang kaibahan nga lang, sa lahat ng pinagkakagastusan mo, Insurance lang ang may balik. Papaano? 🤔

Sa mga di inaasahan pangyayari,
✅ Magkasakit , babayaran ka
✅ Maaksidente, babayaran ka
✅ Sudden death, babayaran ang mahal mo sa buhay

At dahil upgraded na ang insurance plans ngayon, pati life goals/milestones mo, covered din nyan! Mula,
✅ Education fund
✅ Business Fund
✅ Travel Fund
✅ Retirement Fund
✅ And other life milestones mo

Ang mali ko lang naniwala ako na babayaran nya raw ako sa kataposan.

Sa wakas 🤑

Saan makakarating ang 30 mins. mo?
Be informed about mutual funds, just register here:

Mutual Funds 101 (Client Webinar)
2:00 PM to 3:30 PM

Registration link: https://sunlife.co/MF101-Mar8

As always 🤗