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Worksite presentation 1
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- 3. Comparative Rates asof October 7, 2014 Fund Type Prulife Sunlife PhilamLife Manulife Stock Funds 23.81% 17.91% 16.27% 20.12% Balanced Funds 18.85% 12.95% 14.16% 10.81% Bond Fund 7.02% 6.41% 7.56% 9.62% Money Market Funds 0.26% 0.26% 1.4% - ***Returns are based on 5-year returns
- 4. Bank Vs. PrulifeInvestment Bank Prulife 4 1. Deposit – Withdraw – Deposit – Withdraw 2. Balance is Up and Down, Up and Down 3. Budget is difficult to balance because ATM is used as wallet 4. Long-term savings is hard to achieve because periodic deposit is not compulsory 5. Interest Rate is usually below 1% 6. Choice of account: savings, current or time 7. If diagnosed of critical illness, balance is used for medical treatment and is depleted. 8. If you die soon, your family keeps the current balance. 9. If you live long, you only get what is left from the “put- take-put-take” affair. 10. Upon death, balance in banks is subject to ESTATE TAXES. The Bottom Line is: Bank Accounts can hardly be relied on in case of Emergency, Accident, Critical Illness, future Education, Early Death, Income Replacement or Retirement. 1. Deposit – Deposit – Deposit - Deposit 2. Fund values grow in the medium to long term 3. Making a withdrawal is not as accessible as ATM 4. Long-term savings may be successful because of periodic premium payments 5. Interest Rate is illustrated at the “Quotation Proposal” 6. Choice of account: bond, equity, or combination 7. If diagnosed of critical illness, Sum Assured is given to the policyowner for medical treatment or for any purpose. 8. If you die soon, it’s INSURANCE! Your family gets more than what you have put in over the years. 9. If you live long, it’s SAVINGS for EDUCATION, INVESTMENT & RETIREMENT FUNDS. 10. Upon death, LIFE INSURANCE PROCEEDS may be used to pay ESTATE TAXES. The Bottom Line is: An Investment-Linked Insurance Plan is really designed and created for purposes of Emergency, Accident, Critical Illness, Future Education, Early Death, Income Replacement or Retirement.
- 5. Life Stages &Prulife UK Products 5
- 6. How do youstart? 6
- 7. Our Products –(Specific Needs) • Pru Educate Plus – this is a 10-year pay product that provides for payor waiver and other living benefits • Dream Builder Plus – this is a 7-year pay product that provides for living, disability and death benefits • Pru Secure Retirement – this is a regular pay product that provides living, disability and death benefits • Pru Family Cover - this is a 15-year term insurance that is convertible to either whole life, endowment or regular prulink insurance after the 4th year of coverage before the insured reaches the age of 60 7
- 8. Our Products –Protection Needs • Prulink Health Protect – this is a regular pay prulink product that provides for total permanent disability, accidental death and disablement, critical illness benefit and living benefits at a lower premium. • PIA Plus – this is a one-time pay investment and protection product that provides for total permanent disability, death benefits, withdrawable values and additional term riders whose minimum investment is one hundred thousand pesos 8
- 9. Our Products – ComprehensivePackage • Prulink Exact Protector – this is a 5,7,10,or 15 year pay insurance that provides for living, disability, personal accident, critical illness and death benefits. • Prulink Assurance Account Plus – this is a regular pay product that provides for living, disability, personal accident, critical illness and death benefits. 9
- 16. Group Term Plans– Pru Shield 16
- 17. Group Term Plan– Pru Wellness 17
- 18. Group Term Plan- Packages 18
- 19. Group Term Plan- Occupation 19
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- 21. A life insuranceinvestment serves two very important financial planning components – wealth protection and savings. Too often, we are preoccupied on wealth accumulation that we fail to plan for how we can transfer the wealth efficiently and effectively when the time comes. I can help you do just this and more. Having known finance and accounting in my entire career before becoming involved in life insurance, I can provide a holistic point of view for your financial planning.
- 22. SARAH S. SONGALIA,CPA, RFC FINANCIAL CONSULTANT/ADVISOR PRULIFE UK • Member of the Million Dollar Round Table, an association of the top 10% financial advisors of the world whose membership is by qualification and invitation only. • Court of the Table awardee • President’s Club awardee • Quality Circle Awardee • Asian Circle of Excellence (ACE) Awardee • Has helped a lot of corporations and individuals in the last 3 years achieve retirement, succession and financial plans.
Editor's Notes
- #23 Since 2004, I have managed my own business. There came a point when my clients were transitioning. Some wanted to retire. Others wanted to know if they can retire. That brought me to find out more about finance. I became a Registered Financial Consultant and joined Prulife UK in 2010. This time, I need not look for an investment strategist for my clients whose integrity I can trust. I have put my credibility on the line. I do it for them. This has become a personal mission for me. I believe that the only way to give a better future for our kids is through life insurance and the only way to achieve financial freedom is through careful financial planning.