TROPA MOTO

kala mo lang mahal pero mura lang i insured ang iyong buong pamilya. tara usap tayo...

゚viralシ ゚viralシfypシ゚viralシalシ

VUL has become the most popular insurance plan in the past decade. In simple terms, VUL is a financial product that offers the best of both worlds - guaranteed insurance benefit and fund accumulation thru regular investment in mutual funds.

If you’re considering a VUL plan to beef up your portfolio, these features of the VUL may convince you:

1) Flexible premiums

With a VUL plan, a policyholder has the option of putting in more than the regular premium. Any amount in excess of the regular premium becomes additional investment or top-up. In effect, the fund value accumulates faster for the policyholder. This is great for those who are looking for investment options for their bonuses.

On the flip side, in the event of unforeseen financial catastrophe, a VUL plan allows the policyholder to paying the charges only, thereby keeping the policy in-force. Furthermore, as long as there is enough fund value to cover the charges, a VUL policy will not lapse.

2) Potential higher returns

Since the underlying assets are linked to stocks, the returns of the VUL plan –may exceed that of other types of insurance policies. For the past 10 years, the average returns for the equity fund is 12.6%* according to the Historical Investment Performance of Investment Funds of Sun Life's Variable Life Insurance Products. In contrast, dividends and accumulation rate are now down to just four percent. And with present economic conditions, all signs point to even lower rates in the future.

Although a VUL plan entails higher risk, the higher returns allows the policyholder to realize his goals faster. Or better yet, achieve a bigger fund than he initially set out for.

3) Liquidity

A VUL policyholder can access the fund value in case of financial need. Unlike in traditional policies, this is treated as a withdrawal rather than a loan. Thus, the amount withdrawn does not incur any interest. Better yet, the amount withdrawn is not deducted from the face amount. However, it is highly encouraged that whatever amount was withdrawn be reinvested again so that the policyholder remains on track with his financial goals.

All this told, VULs have helped Filipinos become savers and investors. Now, our financial dreams become much easier to achieve with the help of the VUL plan.