Insurance Availed in PH, or SG

pilot_marker

Magtatanong lang po, para po sa mga kumuha ng Life or Health insurance, Savings Plans, or "Mutual fund with Life Insurance" na mga 15 years or 25 years to mature, sa Pinas or sa SG. Paano pong diskarte ang ginawa nyo?

Ipinagpatuloy nyo ba ang hulog kahit nasa AUS na kayo, worth it ba ipagpatuloy? I heard in the future kung sakali mag claim kayo kelangan nyo pa lumipad papuntang (for example) Singapore para mag claim ng benefits at minsan kelangn pa daw ng lawyer.

Pano ginawa nyo sa hulog? thru CC?

Thanks

nice_guy

Join ako dito. Meron ako Life Insurance na kinuha sa pinas (SunLife).

TasBurrfoot

<blockquote rel="pilot_marker">Magtatanong lang po, para po sa mga kumuha ng Life or Health insurance, Savings Plans, or "Mutual fund with Life Insurance" na mga 15 years or 25 years to mature, sa Pinas or sa SG. Paano pong diskarte ang ginawa nyo?

Pano ginawa nyo sa hulog? thru CC?

Thanks

</blockquote>

My wife had a Variable Life Insurance before with Sunlife - prior to moving here, she just terminated the contract with Sunlife and sold all her shares. As market was up, kumita naman ng konti...

Not worth the hassle of continuing - you can get much better value if you get life insurance here in Australia via your Superannuation.

Main point is that mahal ang insurance sa Philippines... Super mahal! 🙂

pilot_marker

After having a savings plan + life insurance here in SG for 5 years now, I was told that na parang kalahati lang makukuha ko sa naipon ko pag sinurender ko yung policy... Tsk tsk...

goreo

kami rin meron..kaso sa zurich ang plan namin..20yrs. 🙁 balak namin ituloy na lang talaga kasi sayang yung mawawala if early surrender. halos kalahati..ginawa namin is binabaan namin ang monthly contribution..yung pinakaleast possible..tapos contact na lang namin ang zurich online to arrange payment from Australia pag nandun na kami..pwede daw bank transfer or cc..

pilot_marker

@goreo thanks!

yung prudential namin 25 years to pay, Na confirm ko sa agent na kung surrender namin 66% naman makukuha. pero we decided kami to keep it. sayang pa rin 33% at being insured. payment by CC. By the end of maturity of 20 years pa papadlaa na lang daw cheque ng savings. hehe

Yung Zurich naman 25 years to pay din, 80% makukuha pag total surrender, pero sayang talaga yung 20%. Gayahin namin kayo na liitan monthly contribution as possible, till maging stable. hehe.

Sunlife sa Pinas, 10 years to pay lang, kaya mas madali tayagain tapusin. hehe.

Try namin pause or yun nga pinakamaliit na possible contribution.

TasBurrfoot

<blockquote rel="pilot_marker">@goreo thanks!

Yung Zurich naman 25 years to pay din, 80% makukuha pag total surrender, pero sayang talaga yung 20%. Gayahin namin kayo na liitan monthly contribution as possible, till maging stable. hehe.

Sunlife sa Pinas, 10 years to pay lang, kaya mas madali tayagain tapusin. hehe.

Try namin pause or yun nga pinakamaliit na possible contribution.</blockquote>

@pilot_marker - mate, am i correct in assuming that you are over insured?

pilot_marker

@TasBurrfoot over insured nga talaga kaming mag asawa, nakuha kasi namin yun nung singles pa kami at wala pang alam sa insurance.

LittleFinger

guys, correct me if im wrong, nsa policy ng insurance na only phil citizens ang pwede nila insure, paano kung eventually you get your citizenship from another country and denounced your fil citizenship? sayang ung premium na hinulog nyo, tas dp kyo covered...

nice_guy

Up ko lang po ang topic na 'to. Currently I'm on the 2nd year of paying out of 10 years maturity. I still cannot decide whether to continue paying, or cancel the premium. For now I don't foresee any problem, but later on when the possibility of Dual Citizenship comes in, I'm not sure whether it is still advantageous to continue our insurance.

pilot_marker

@nice_guy, buti sayo 10 years lang maturity. You can discuss with your agent ano mga options mo, continue or surrender or hold. Then think about it.

nice_guy

I discussed this with my agent, and best option would be to surrender my plan since we'll be living permanently in Au. Yun nga lang, halos ₃₅% lang ang mare-refund sa payments ko. But I think it's a good deal since 1.5years palang naman.

DreamerA

hello mabuti me thread na gnito na dto sa forum . sana me makasagot ulit ksi 2015 pa last conversation,planning to get insurance here in PH kso un medyo nagddlawang isip tlga kung worth it kumuha dto oinas llo na plan na tumira sa AU permanently. sana me mkapag advise ,sabe. agent sken kht daw citizen na kmi eh makukuha padn ung mga bnyad at still insured padn daw dto pinas remain thesame daw ang mga benefits sa nsurance. maraming salamt sa ma sshre.

Admin

@DreamerA Hi yes and no, depended s Insurance na kukunin mo. is it Death Insurance? Dito kasi sa SG, according sa Prudential Agent namin, regardless san bansa ka pwede ka makapagclaim. but of course currency is SGD. and patuloy ka sa mag pay ng premium.

About the No. ung hospitalisation insurance namin dito sa SG e hindi pwede sa AU kasi once you migrate to AU, marerevok ang PR mo sa SG when the time comes. and NRIC (national id) naka tie ung hospital insurance, but in a way no sense rin kasi AU has a good medical benefit na para sa PR.

DreamerA

@Admin sir salamat sa pag response! bale ung ioffer ng sunlife VUL at ung life insurance. me kasama nadn x pag age 60 mo me makukuha ka either i pension mo x or kunin mo n ng buo. sa hospitalization un maliit lng coverage depende tlg sa bbyaran mo pro xmpre dpat ndto k pinas . un nga po pag PR nga daw at citizen ok benefits tlga jan sa AU. tama ba sir kung PR na or citizen tpos maisipan mo bmalik pinas me makukuha kapa dn tlga sa govt ng AU or wala na? dpt nasa AU tlga ? ksi mdmi dn ngssbe ung retirement i meanpag matanda kna mas Ok dAw dto pilipinas. siguro dahil ang mag aalaga satin ay paimilya natn mismo. half hearted ksi ako kumuha nung insirance iniispp ko kung worth it ba tlga. before ksi nag wwork ako me insuramce ako sa company pro ngayun wala na ksi ssunod ndn kmi ng anak ko s husband ko. wla ako insurance na sarili.

just.anotherguy

Sali lng ako dito.. nagdadalawang isip kung itutuloy ko pa ba ang pag hulog sa insurance sa Pinas.. well, cguro as of now itutuloy pa din since 489 visa pa lang kami. Pero once maging PR na sa Oz, parang mas ok and make sense kung sa Super na lang, or private insurances sa Oz na lang... any advantages ba kung itutuloy pa din ang insurance sa Pinas kahit PR naman na sa Au?

suntanline

Hello, just adding to this thread. I currently have insurance with PruLife. Been paying it for 6 years, 10 years maturity. I have paid over Php120k pero the value lang if I withdraw is Php53k. I have decided to continue paying the remaining 4 years, hopefully leave it for another 5-10 years and then withdraw total amount.