"Smart Investing For Smart People"
One of the most important questions I got from a client was this: “What happens to my investment when I die?”
Sooner or later, we will all have to ask that question.
It is my hope that by writing this article, you will also come to realize the real role of money in our lives.
To frequent travellers, the following should be familiar:
Lost your baggage
Trip cancellation
Medical emergency
Just being aware that these things could happen to you or anyone who travels should make you realize that getting travel insurance coverage is in fact a smart move.
Let’s take a look at your options so you’ll be able to decide for yourself where Travel Insurance is necessary or not.
Death, disability, illness are the sad facts of life that could take a toll in one’s finances. And it could happen to anyone, sometimes in a very unexpected moment.
Life Insurance is a Financial Planning tool that every Filipino should know how to use properly.
As a general rule, you SHOULD get a life insurance policy if:
1. You have a spouse and/or children.
2. You have an income.
3. You have health.
4. You have wealth and assets.
5. You have dreams.
Unless you are superman, you should not do away with Life Insurance.
There are many ways to approach financial planning, but most financial planners recommend using the Financial Planning Pyramid Approach.
The Pyramid has the following components:
Wealth Foundation
Wealth Accumulation
Wealth Preservation
Wealth Distribution
Life insurance is a wonderful financial planning tool. But the way it is SOLD in the market is very problematic…. Unfortunately, a lot of times it works for the agent because most insurance buyers are also unaware of their options or they simply don’t know how to ask the right questions.
The article covers introductory topics about Life Insurance in the Philippines such as:
Term and Cash Value Insurance
Whole Life and Unit-Linked Insurance Products
Endowment Insurance Plans (like Educational Plans and Pension Plans)
Hi there. I am your host, Carlos Velasco.
I hate scam.
And I am allergic to hype.
As your FAMI Mutual Fund Advisor,
my goal is to turn you into a
Smart, Confident and Fearless Investor!
