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I don't like VUL coz technically, if you're going to "COMPUTE" the numbers, Lugi ka! But this review of Sir Rex is very objective :) may binabagayan si VUL and BTID
Hello Sir Rex, isa po ako dating security guard ng FilAm life sa BGC and Cubao, I meet you sir before at nakausap ko po ikaw. Now I'm proudly Member of IMG and Kaiser Policy Holder... Mabuhay po kayo... Salamat po sa learning...
Parang mas maganda na kumuha ka na lang ng BTID (Term insurance) tas mag invest ka nalang sa MP2. Mas malaki pa kikitain mo...kesa sa malakng napupuntang pera mo sa insurance company at sa ahente.
This what should a financial speaker should be ... BALANCE , FAIR and takes only both sides clearly... up to the viewer to decide which investment products suits best.
I have VUL, stocks, uitf, mutual fund, pag ibig mp2, high interest digital bank account, and cooperative bank... Diversification is the key... Importantly, be sure to match the financial instrument to your financial goal in life. Thanks sir rex for this educational video...
Don't be over diversified. If you can't manage your portfolios over time. Please limit your investments as 5 ASSSET CLASS only. Dapat klaro sa inyo kung san po naka-allocate sa specific goals po mga assets na yan. May tendencies kasi na redundant na basta dapat may portfolio ka Conservative, Moderate and Aggressive types of investments.
This is a better explanation. Unbiased view. Vince Rapisura's view is very biased. I find his video about this more on naninira side than comparing. Kudos to you sir Rex. This is more comprehensive comparison between the two.
Thanks Rex. Unfortunately I would disagree with you on "insurance agents nababantayan ang investments". From my experience, no one does that, they'd just say put it in balanced fund if you are risk averse, otherwise equities, that's it. Some of them don't even understand the dynamics of the economy.
Sadly, these are experiences that many clients have when they deal with sub-par financial advisors. There are good ones though and I know a number of them. They really render prompt and reliable advise and service.
We do it in our team. Ako nag advise kung anu fund allocation, kelan mag fund switch at kung kelan mag fund re-allocate. Fund switching and fund re-allocation is the only way to protect and make our investment grow. BTW, insurance agents don't do it kasi they don't have the "expertise" on investment. It takes a lot of knowledge and experience in order to make a sound investment advise and you should have a legal authority pagdating sa invetsment (license). not all insurance agents have license in investment. in fact sa 100,000 plus na mga insurance agents, mahigit 3,000 lang ang meron lisensya sa investment thats only 3%.
@@opensource3941 that's the problem. They pretend that they know investment. They tell clients VUL is the better investment, when in fact they have zero investment knowledge and experience. The company's training curriculum makes your agents believe it's a good investment, they never emphasize that VUL is not for everyone. They are trained not to accept no as an answer. The term financial advisor is not applicable for all life insurance agents. It is misleading people and not all are worthy of that title. I have an aunt, she's 63 years old, no dependents, she was offered a VUL. Yes a VUL. She was made to believe it's a good investment as mentioned by a "financial advisor". Yes that's how bad the industry is.
Yung "fa" ko nga di na naipaalam na need ko na pala magbayad, buti na lang pwde pa magbayad after 1month ng due date. Bigla ko lng naalala na lagpas na due date ko.
Nice and fair! Also in my thoughts, if you have family, you need VUL and/or other traditional insurance with lifetime coverage simply because your commitment to them is lifetime.
Mayroon tlga mga Financial Advisor na ang habol lng makabenta pero when it comes sa advise wala eh ..minsan Tinuturuan ko pa nga eh haha😂 kaya pull out ko tpos ang invest ko lang pure life insurance hindi na VUL then nag invest ako directly sa Stock market mas nag gain pa ako., Anyway mas interested ako sa watch collection ni Sir Rex Mendoza.. Looking foward on it.
The reason why I like VUL even if I have other investment separated is because the biggest chunk of charges are upfront. It becomes a mutual fund in the long run. Also, youre insured up to a certain age. I dont like term. You get charged a new price(Your risk for sickness changes/cost of insurance changes) every 5 years. Well, at the end of the day, your own finance is personal. If you have met bad advisors, you may not have met the good ones.
Yes, the biggest chunk of charges are upfront. Like the 1st few years of your premium going to the pocket of your agent/advisor. Not to mention ALL the deductions on the money that goes to investment when it starts to accumulate on the 3rd year of your policy or so. Plus the retroactive insurance charges on the 1st few years because like I said, that money goes to the pocket of your agent/advisor.
Agree. What i understood with VUL is that not as much as investment but cash Endowment garanteed at the longnterm.. unlike term insurance, after you pay and luckily hindi ka namatay, wala ka ng makukuha sa hulog mo. And sa VuL, kahit hindi ka makapag hulog but may cash value pa, salo ka parin kahit papano.. yun lang ang ayoko sa VUL. PaG malapit kana sa end term mo, possible maging luge ang "ENDOWMENT" mo.. parang mas benefical si VUL sa mga unang taon mo.. at namatay ka.. hahah pero syempre ayaw naten mamatay. 🤣 paki correct po ang idea ko kung mali man. Para may idea ang mga kumukuha ng VUL. Hindi ko po kasi maintindihan ang BTID. Sabi nila mas okay sya sa VUL.
@@chrisesc-959 tao po ang mga ahente at mga nagtratrabaho, ang company po nagpapasahod sa kanila hindi naman po libre ang service ng mga eto, eh sa pagbili mo ng car iniisip mo ba lage ung komisyon nila, hindi diba? Tao sila na nagtratrabaho kaya walang masama na silay sumahod din eh kung ang komisyon lang pala tinitingnan mo sa ahente e wag ka na lang kumuha kasi yun ang mindset mo. Hindi po alila ang mga ahente para libre ang service nag aral din po mga yan, nag take ng exam sa IC for license at mayron din silang mga trainings sa kompanyan nila.
Tama ka...Panoorin mo yung vlog ni Vince Rapisuda na ang guest si Ogie Alcasid...na explained ng mabuti doon. And yes, totoo yun kasi minsan na din akong naging FINANCIAL ADVISOR. Malaki kita ng insurance company at ng ahente...Sa ahente palang, 1st month ay 21k na kaagad ang commission...iba pa ang 2nd at 3rd month na commission nila...Iba din ang kubra ng kumpanya...Kaya ang laki laki ng bawas sayo.
Everybody has a point naman. And I understand the sentiments of others na bakit nappunta sa advisors yung portion ng binabayad ng client. Sguro, if you look at it from a wider perspective, kung client ka, at VUL ang kinuha mo, you really have to understand na insurance naman talaga siya na may investment not the other way around. Also, kung advisor ka naman, for sure you know kung gaano kahirap ang work ng advisor kase you have to service the client long term(eg. 10 years) so may point naman din na mabigyan ka ng compensation for the service(yun ay kung tatagal ka sa company, problem kase yung iba hindi nag tatagal di kinakaya yung pressure sa pag abot nung quota). I think these things were built for everybody’s benefit not just the company, client’s family and advisor. Kase kung icocompare mo yung benefits na makukuha ng client compared to the commission of the advisor and the company, makikita mo clearly na pinakanag benefit tlga ang client(yun ay kung tinitignan mo sya as insurance) Kung di mo kaya sikmurain yung charges, better yet, mag pure investment ka. Diba guys hehe let’s be kind to everyone. Goal naman ng lahat e mapabuti ang mga sariling families diba. God bless po!
Great explanation Rex! Tingin ko kaya pinag aawayan kung sino ang mas maganda sa dalawang ito ay dahil people want to convice themselves na they got the best /right approach in terms of investment. Tama yung sinabi mo na depende yan sa perspective and lifestyle ng isang tao. There is no right answer when comparing these 2 things.
I think, we should not mix Investment and Insurance altogether. Just get a mutual fund for investment purposes and Insurance for protection. In that way we can save a lot of fees and maximize our investment return.
I am somewhat disagree with this comment. I think the reason behind why these platforms are being bundled is that the traditional life insurance package is outdated to suffice the value of money overtime, while the VUL has the potential to increase your insurance coverage with withdrawal-able cash fund value in a long run. Hence, BTID is another option.
Another very good explanation sir Rex. You really have a knack of simplifying things and these are the things that people need. Simple, clear explanations. Thank you for creating these videos and I hope u would be able to spread financial awareness across the Philippines. Looking forward to your watch collection 😇
Agree sir. Both have pros and cons. You have to know kung anong kaylangan mo. Hindi naman pwede na ayaw mo ng insurance agent and vul dahil sa charges and other costs, pero di ka naman willing mag aral and maging disciplined . Di naman possible yub
Kung lahat lang sana Financial Adviser kasing husay ni Idol Rex Mendoza siguro mag VUL ako kaso hindi yung iba Financial Adviser parang nanghype lang hahahha :D
I have VUL to secure my life, health, and my family. At the same time, I have a separate investment that I personally manage, which allows me to be discipline and learn. But in my experience, I have a very good FA. I know him personally and he always checks on my finances and policy. He also pushed me to save separately for my savings, emergency fund, and luho fund. I think VUL also depends on the FA.
Laki Ng mga fees sa vul.laki commission Ng agent 50% sa ist year of the total value binayad mu at 30% 2nd year, at 3rd year 20% + insurance hidden charges, mgkno nlng value Ng pera nattira para invested money mu,tapos kkunti nlng mattira,lalo pg bgsak Ang market .halos half Ng binabayad mu nwwla, better btid. I recommend mp2 to invest your money, 6to7% yearly.govt guaranteed at tax free
Better have both na lang :) pero I have VUL and I am covered till age 88 years old. After 10 years, I don't need to pay anymore... But I can top up with my fund value as much as I can anytime.
Hi Boss Rex and RAMPVER family. Im an OFW and a client of RAMPVER this is an effective way of educating mostly of our kababayans abroad and the Kabayans having their lockdowns. Thankful ako since you discussed this topic and its a plus cause it's coming from You. Now I am pretty much confident to VUL and BTID. I've been dreaming of this actually. I am a fan of both of it. Winner ito Boss!
Why choose when you can have both? Get an insurance that you can keep for life VUL. And also get insurance TERM to cover things that has definite ending (like child educ/mortgage).
When I go to an insurance office/store I always ask for TERM insurance. Then the insurance people always show you a VUL-- thinking you don't know what a VUL is vs a Term vs Whole life.. When they do this --you know what to do. RUN. They are just peddling their products & not really after giving you the most suited product for your needs.
Wayback sir there were VUL insurance policy that does not compelled the benifits of the buyer,they announced bankruptcy and the money invested was gone so people are scared to take the risk
You can opt to have BTID. then on investment side, choose PAGIBIG MP2. 5 years din na no widthrawals ang MP2 pero mataas ang dividends nila. Govt guaranteed pa. If VUL kasi, you shoul keep in mind na long term investment ito. 15yrs na walang galawan ng pera and pray na Hindi bumagsak ang stock market every now and then kasi sa fund value mo kinukuha ang insurance charges even natapos mo nang bayaran ang premium mo.
@@lukasloh2509 I agree with you sir.. Hindi lang naman Stock Market ang pwede mong paglagyan nang Investment sa BTID mo, kahit sa Pag-IBIG MP2, or Mutual funds pwede na. 😊😊 at pwede din hindi Term, na renewable for a year, you can opt for Whole Insurance din.
Newly member po sir Ng IMG, Sana aging success ako dito,at nagkuha nrin ako Kaiser insurance..thank you Kasi na eeducate ako sa mga webinar at dito sa mga video niyo po sir Rex.. thank you and God bless po IMG family
I think BTID would have allowed me to increase my investment a lot more because I am disciplined in my spending. However, my term will lapse on me because I get lost in my job. My memory will fail me. Thanks for the clear explaination.
Fair advice. Napresent nyo po ang pros and cons dito nang walang pang-iintriga. Interested kami sa BTID before pero gaya ng sabi nyo- Eat the difference ang ending. We have Term insurance pero kumuha din kami ng VUL para sa mga bata (at angkan :) kaya now I'm an FA, effort talaga na mag-aral at mag-update sa markets. Thanks Sir Rex sa dagdag kaalaman sa page mo.
Thing is, with VUL, no one can or will explain why the insurance charge fluctuates even between policy anniversary or life insured's birthday. Not the agent, not the company itself. They will just say it's the actuarial's job. But no, they will not ask their actuarial to explain.
So far, hindi pa naman nag-fluctuate nang malaki yung insurance charges ko, about 600-700 a month sa isang policy ko, may critical illness rider, a little over 4 years, I'm on my 30s. I believe may notification sila kung lalagpas sa max charges indicated sa contract. Good thing, I can always download the breakdown of charges sa online account. Fair enough for me, considering inflation, same with other professions/services I avail - doctors, accountants, but I get it, they're licensed professionals.
▲ Sir, you forgot to mention the VUL but Single-Pay Plan. I prefer the VUL single-pay plan + Limited Pay Whole Life Plan for myself (or with LIFETIME Health Coverage. Much Better po)
Tama po kayo, may pinagbabagayan po talaga sila. I tried BTID and it's okay naman po, pero since breadwinner po ako and feeling ko d po enough ung napili kong insurance, kumuha na din po akong vul na may riders para sure na di magiging kawawa mga maiiwan ko kasi ako lang talaga ang source of income sa bahay. Advantages po ng Vul for me Peace of mind kumbaga Atsaka po para diverse na din po ang portfolio ko :)
I thought mag sisisi ako kasi kumuha ako ng VUL, but then both naman meron ako, naisip ko mas ok lang may VUL kc dko kaya magbantay ng investment hahaha I keep forgetting them..
With my own experience po Boss Rex, parang mas napapamahal ako sa TERM insurance in the long run, tumataas po kasi ang premium every after 5th year above.
Chadwick de Leon Good to note Sir. But once you got a Vul at earlier age, fix na po ang premium nun hangang maturity paying period. Cost of Insurance po (COI) ang tumataas😁
my question tho is this: is there a scenario where it makes sense to have both term and vul insurance policies? beyond the fact that lets say you are a high income earner?
Sorry sa Words ah pero karamihan sa mga Financial advisor mga Bugok eto ung mga nanghahatak at nanghihila sa mga Mall lalo na sa Robinson tapat ng POEA sasabhin free freebies kakabuwiisit haharassin kanpa pero wala nmm alam sa Finance. Tinanung ko magkano ang Intrisic Value ng Investment if ever mag VUL ako aun napakamot ng ulo.. Kaya iba pa dn kung ikaw mag invest in control ka pa. Pero ang pinaka interesting na Video yun watch collection ni Idol Rex Mendoza.. I like niyo na 200+ nalang ang need.
BTID is the best. I wouldn’t pay fees to the insurance companies by any means. Pag kumuha ka ng VUL yung unang taon mo wala mapupunta sa portfolio kasi kakainin muna ng insurance company yung pera mo.
@@heykate2036 hi Ms. Kate, if you are interested to know term insurance from Sun Life, please feel free to message me :) License Financial Advisor here.
Nu kumuha ako ng VUL sa BPI -PHILAM and Insular. Never diniscuss sa akin Un choices na pde sa Equity, Balanced, and other types of funds ilagay Un investment side. My mistake is that Saka ako nagresearch after kun matapos bayaran. And sa Equity fund xa lahat pumasok unfortunately bagsak ang stock market right now. So imagine ang losses. Nakakapanlumo. And to think, Un insurance charges ay kinukuha sa fund value mo even tapos ka ng magbayad. At pag mag zero Un fund value, terminated na Un insurance. Kaya db nakaka galit ang response ng govt sa covid. Kasi Kun May VUL ka apektado ka.
OMG i should stop mine. same sa BPI phil-am yung advisor na kausap ko parang ang mahalaga lang sakanyan is makapag bayad ako. sobrang nakukulangan ako sa pag inlighten ng policy ko. nakaltasan na ko in 1st quarter payment tapos pinacancel ko nagkakaltas parin sila haysss
Klarong klaro ang explanation..Thank you Sir Rex, nakarelate ako sa relo .Yan ang aking reward symbol. Namomotivate ako to invest more and part of reward is to buy watch per year kapag kumita. :)
WANT TO LEARN MORE ABOUT MUTUAL FUNDS?
Join us in our regular webinars as we present the benefits of Mutual Fund investing and how it can help you reach you financial goals! > bit.ly/mutual-fund-webinar
Fill out this registration form to secure your webinar slot today! -> bit.ly/mutual-fund-webinar
See you!
I don't like VUL coz technically, if you're going to "COMPUTE" the numbers, Lugi ka!
But this review of Sir Rex is very objective :) may binabagayan si VUL and BTID
Hello Sir Rex, isa po ako dating security guard ng FilAm life sa BGC and Cubao, I meet you sir before at nakausap ko po ikaw. Now I'm proudly Member of IMG and Kaiser Policy Holder... Mabuhay po kayo... Salamat po sa learning...
Guys dapt maka 1000 like tayo sa video ito pra idiscuss ni Idol Rex ung Mga Relo nya .. interested po ako kasi mahilig po ako sa Relo.
Super happy na napadpad ako sa video na to. Finally! A video of explaining BTID vs VUL na walang hidden agenda 🎉
Parang mas maganda na kumuha ka na lang ng BTID (Term insurance) tas mag invest ka nalang sa MP2. Mas malaki pa kikitain mo...kesa sa malakng napupuntang pera mo sa insurance company at sa ahente.
Truth.
BTID requires financial literacy
This what should a financial speaker should be ... BALANCE , FAIR and takes only both sides clearly... up to the viewer to decide which investment products suits best.
I have VUL, stocks, uitf, mutual fund, pag ibig mp2, high interest digital bank account, and cooperative bank... Diversification is the key... Importantly, be sure to match the financial instrument to your financial goal in life.
Thanks sir rex for this educational video...
Ok lang po ba vul kasi ang daming chargers eh paunti ng puanti ung hulog ko
Hello po mam, may i ask? Saan po kayo kumuha ng mutual funds and cooperative bank?
Don't be over diversified. If you can't manage your portfolios over time. Please limit your investments as 5 ASSSET CLASS only. Dapat klaro sa inyo kung san po naka-allocate sa specific goals po mga assets na yan. May tendencies kasi na redundant na basta dapat may portfolio ka Conservative, Moderate and Aggressive types of investments.
You might want to try yung may guaranteed returns like Traditional Insurance with Endowments
Nawala na blurred section between VUL vs BTID ... claro ang explanation ni boss Rex!
Maganda sila pareho, pero bago pasukan kahit alin sa dalawa, pag aralan muna. Salamat po Sir Rex at Rampver.
This is a better explanation. Unbiased view. Vince Rapisura's view is very biased. I find his video about this more on naninira side than comparing. Kudos to you sir Rex. This is more comprehensive comparison between the two.
What I like about BTID is it forces you to learn and study. Human potential kindles when there is force 🧠.
ang ganda ng explanation. no bias, just pure information.
sana ganito si Vince Rapisura..
kasi hindi eh
I agree🙂
Agree
i agree, i love how sir rex said there is no such thing as free lunch. kasi galit na galit ni sir vince sa coimmision ng financial advisors LOL
Instead of focusing on what to choose and which is better, focus on expanding your income so that you can have both and use them wisely.
Asawa ko may VUL at sa akin nmn ay BTID. Para fair lang hehe..thanks for this very informative content sir.
Thanks Rex. Unfortunately I would disagree with you on "insurance agents nababantayan ang investments". From my experience, no one does that, they'd just say put it in balanced fund if you are risk averse, otherwise equities, that's it. Some of them don't even understand the dynamics of the economy.
Sadly, these are experiences that many clients have when they deal with sub-par financial advisors. There are good ones though and I know a number of them. They really render prompt and reliable advise and service.
We do it in our team. Ako nag advise kung anu fund allocation, kelan mag fund switch at kung kelan mag fund re-allocate. Fund switching and fund re-allocation is the only way to protect and make our investment grow. BTW, insurance agents don't do it kasi they don't have the "expertise" on investment. It takes a lot of knowledge and experience in order to make a sound investment advise and you should have a legal authority pagdating sa invetsment (license). not all insurance agents have license in investment. in fact sa 100,000 plus na mga insurance agents, mahigit 3,000 lang ang meron lisensya sa investment thats only 3%.
Some but not all. I know some good financial advisors, hindi yung maka-close lang ng sale tapos bbye na.
@@opensource3941 that's the problem. They pretend that they know investment. They tell clients VUL is the better investment, when in fact they have zero investment knowledge and experience. The company's training curriculum makes your agents believe it's a good investment, they never emphasize that VUL is not for everyone. They are trained not to accept no as an answer. The term financial advisor is not applicable for all life insurance agents. It is misleading people and not all are worthy of that title. I have an aunt, she's 63 years old, no dependents, she was offered a VUL. Yes a VUL. She was made to believe it's a good investment as mentioned by a "financial advisor". Yes that's how bad the industry is.
Yung "fa" ko nga di na naipaalam na need ko na pala magbayad, buti na lang pwde pa magbayad after 1month ng due date. Bigla ko lng naalala na lagpas na due date ko.
Nice and fair! Also in my thoughts, if you have family, you need VUL and/or other traditional insurance with lifetime coverage simply because your commitment to them is lifetime.
Mayroon tlga mga Financial Advisor na ang habol lng makabenta pero when it comes sa advise wala eh ..minsan Tinuturuan ko pa nga eh haha😂 kaya pull out ko tpos ang invest ko lang pure life insurance hindi na VUL then nag invest ako directly sa Stock market mas nag gain pa ako., Anyway mas interested ako sa watch collection ni Sir Rex Mendoza.. Looking foward on it.
majority talaga commision driven
Same here kabayan purely health insurance lang no investment attached..separate dapat ang investment through stocks, bonds, mutual funds, etc.
This was the hottest topic sa PIT
The reason why I like VUL even if I have other investment separated is because the biggest chunk of charges are upfront. It becomes a mutual fund in the long run. Also, youre insured up to a certain age. I dont like term. You get charged a new price(Your risk for sickness changes/cost of insurance changes) every 5 years. Well, at the end of the day, your own finance is personal. If you have met bad advisors, you may not have met the good ones.
Yes, the biggest chunk of charges are upfront. Like the 1st few years of your premium going to the pocket of your agent/advisor. Not to mention ALL the deductions on the money that goes to investment when it starts to accumulate on the 3rd year of your policy or so. Plus the retroactive insurance charges on the 1st few years because like I said, that money goes to the pocket of your agent/advisor.
Agree. What i understood with VUL is that not as much as investment but cash Endowment garanteed at the longnterm.. unlike term insurance, after you pay and luckily hindi ka namatay, wala ka ng makukuha sa hulog mo. And sa VuL, kahit hindi ka makapag hulog but may cash value pa, salo ka parin kahit papano.. yun lang ang ayoko sa VUL. PaG malapit kana sa end term mo, possible maging luge ang "ENDOWMENT" mo.. parang mas benefical si VUL sa mga unang taon mo.. at namatay ka.. hahah pero syempre ayaw naten mamatay. 🤣 paki correct po ang idea ko kung mali man. Para may idea ang mga kumukuha ng VUL. Hindi ko po kasi maintindihan ang BTID. Sabi nila mas okay sya sa VUL.
@@chrisesc-959 tao po ang mga ahente at mga nagtratrabaho, ang company po nagpapasahod sa kanila hindi naman po libre ang service ng mga eto, eh sa pagbili mo ng car iniisip mo ba lage ung komisyon nila, hindi diba? Tao sila na nagtratrabaho kaya walang masama na silay sumahod din eh kung ang komisyon lang pala tinitingnan mo sa ahente e wag ka na lang kumuha kasi yun ang mindset mo. Hindi po alila ang mga ahente para libre ang service nag aral din po mga yan, nag take ng exam sa IC for license at mayron din silang mga trainings sa kompanyan nila.
Tama ka...Panoorin mo yung vlog ni Vince Rapisuda na ang guest si Ogie Alcasid...na explained ng mabuti doon. And yes, totoo yun kasi minsan na din akong naging FINANCIAL ADVISOR. Malaki kita ng insurance company at ng ahente...Sa ahente palang, 1st month ay 21k na kaagad ang commission...iba pa ang 2nd at 3rd month na commission nila...Iba din ang kubra ng kumpanya...Kaya ang laki laki ng bawas sayo.
Everybody has a point naman. And I understand the sentiments of others na bakit nappunta sa advisors yung portion ng binabayad ng client. Sguro, if you look at it from a wider perspective, kung client ka, at VUL ang kinuha mo, you really have to understand na insurance naman talaga siya na may investment not the other way around. Also, kung advisor ka naman, for sure you know kung gaano kahirap ang work ng advisor kase you have to service the client long term(eg. 10 years) so may point naman din na mabigyan ka ng compensation for the service(yun ay kung tatagal ka sa company, problem kase yung iba hindi nag tatagal di kinakaya yung pressure sa pag abot nung quota). I think these things were built for everybody’s benefit not just the company, client’s family and advisor. Kase kung icocompare mo yung benefits na makukuha ng client compared to the commission of the advisor and the company, makikita mo clearly na pinakanag benefit tlga ang client(yun ay kung tinitignan mo sya as insurance) Kung di mo kaya sikmurain yung charges, better yet, mag pure investment ka. Diba guys hehe let’s be kind to everyone. Goal naman ng lahat e mapabuti ang mga sariling families diba. God bless po!
ang galing si boss Rex, mag explain, thumbs up!!..
Great explanation Rex! Tingin ko kaya pinag aawayan kung sino ang mas maganda sa dalawang ito ay dahil people want to convice themselves na they got the best /right approach in terms of investment. Tama yung sinabi mo na depende yan sa perspective and lifestyle ng isang tao. There is no right answer when comparing these 2 things.
Thanks Boss Rex for the unbiased presentation of BTID and VUL! Very helpful!
I think, we should not mix Investment and Insurance altogether. Just get a mutual fund for investment purposes and Insurance for protection. In that way we can save a lot of fees and maximize our investment return.
I am somewhat disagree with this comment. I think the reason behind why these platforms are being bundled is that the traditional life insurance package is outdated to suffice the value of money overtime, while the VUL has the potential to increase your insurance coverage with withdrawal-able cash fund value in a long run. Hence, BTID is another option.
Tama ka po hiwalay ang insurance at investment
This video comes up with conducive information. It helps me a lot. God bless sir🙏🙏🙏
Another very good explanation sir Rex. You really have a knack of simplifying things and these are the things that people need. Simple, clear explanations. Thank you for creating these videos and I hope u would be able to spread financial awareness across the Philippines. Looking forward to your watch collection 😇
BTID. I don’t trust insurance agents.
Thank you very much Sir Rex for this objective and very enlightening presentation. Thank you Rampver Financials !
Agree sir. Both have pros and cons. You have to know kung anong kaylangan mo. Hindi naman pwede na ayaw mo ng insurance agent and vul dahil sa charges and other costs, pero di ka naman willing mag aral and maging disciplined . Di naman possible yub
Tama sir napanuod ko some of ur vlogs. May vul na kac aq for 2years na i covontinue q na lang
@@marichikawa2400 salamat po
Kung lahat lang sana Financial Adviser kasing husay ni Idol Rex Mendoza siguro mag VUL ako kaso hindi yung iba Financial Adviser parang nanghype lang hahahha :D
Financial education is the Key,
I have VUL to secure my life, health, and my family. At the same time, I have a separate investment that I personally manage, which allows me to be discipline and learn. But in my experience, I have a very good FA. I know him personally and he always checks on my finances and policy. He also pushed me to save separately for my savings, emergency fund, and luho fund. I think VUL also depends on the FA.
Thank you so much po.😊
Laki Ng mga fees sa vul.laki commission Ng agent 50% sa ist year of the total value binayad mu at 30% 2nd year, at 3rd year 20% + insurance hidden charges, mgkno nlng value Ng pera nattira para invested money mu,tapos kkunti nlng mattira,lalo pg bgsak Ang market .halos half Ng binabayad mu nwwla, better btid. I recommend mp2 to invest your money, 6to7% yearly.govt guaranteed at tax free
Better have both na lang :) pero I have VUL and I am covered till age 88 years old. After 10 years, I don't need to pay anymore... But I can top up with my fund value as much as I can anytime.
Anong vul nyo?
Thank you so much Sir Rex Mendoza :)
Hi Boss Rex and RAMPVER family. Im an OFW and a client of RAMPVER this is an effective way of educating mostly of our kababayans abroad and the Kabayans having their lockdowns. Thankful ako since you discussed this topic and its a plus cause it's coming from You. Now I am pretty much confident to VUL and BTID. I've been dreaming of this actually. I am a fan of both of it. Winner ito Boss!
Any one can understand this very simple explanation! Thank you sir Rex!♥️♥️♥️
Why choose when you can have both? Get an insurance that you can keep for life VUL. And also get insurance TERM to cover things that has definite ending (like child educ/mortgage).
Exactly
True! No need to choose because it’s always better to have both for our whole lifetime
Up for the WATCH COLLECTION!!! 🤩🙌🏼
Very much informative content I'm learning from you Sir 👍thank you
this sir Rex for sharing your insights about this decade-old debate :)
Thank you Sir Rex..
fair and square! u never fail us sir Rex! Mabuhay po kau 😊
When I go to an insurance office/store I always ask for TERM insurance. Then the insurance people always show you a VUL-- thinking you don't know what a VUL is vs a Term vs Whole life.. When they do this --you know what to do. RUN. They are just peddling their products & not really after giving you the most suited product for your needs.
Agreed
Wayback sir there were VUL insurance policy that does not compelled the benifits of the buyer,they announced bankruptcy and the money invested was gone so people are scared to take the risk
It's important to do your own research and self-assessment before getting BTID or VUL. =)
I guess VUL is best for me. I can't, for the life of me, understand stock trading... 😅
Siguro ung separate investment ko sa business nalang 😁
You can opt to have BTID. then on investment side, choose PAGIBIG MP2. 5 years din na no widthrawals ang MP2 pero mataas ang dividends nila. Govt guaranteed pa. If VUL kasi, you shoul keep in mind na long term investment ito. 15yrs na walang galawan ng pera and pray na Hindi bumagsak ang stock market every now and then kasi sa fund value mo kinukuha ang insurance charges even natapos mo nang bayaran ang premium mo.
@@lukasloh2509 I agree with you sir.. Hindi lang naman Stock Market ang pwede mong paglagyan nang Investment sa BTID mo, kahit sa Pag-IBIG MP2, or Mutual funds pwede na. 😊😊 at pwede din hindi Term, na renewable for a year, you can opt for Whole Insurance din.
@@lukasloh2509 hi.. can you share some term insurance other than Manila Banker's MOST 18? Thanks
Thank you sir Rex Mendoza! More power!
Newly member po sir Ng IMG, Sana aging success ako dito,at nagkuha nrin ako Kaiser insurance..thank you Kasi na eeducate ako sa mga webinar at dito sa mga video niyo po sir Rex.. thank you and God bless po IMG family
I think BTID would have allowed me to increase my investment a lot more because I am disciplined in my spending. However, my term will lapse on me because I get lost in my job. My memory will fail me. Thanks for the clear explaination.
Thank you Sir Rex for this insightful , educational content , its so clear
Fair advice. Napresent nyo po ang pros and cons dito nang walang pang-iintriga. Interested kami sa BTID before pero gaya ng sabi nyo- Eat the difference ang ending. We have Term insurance pero kumuha din kami ng VUL para sa mga bata (at angkan :) kaya now I'm an FA, effort talaga na mag-aral at mag-update sa markets. Thanks Sir Rex sa dagdag kaalaman sa page mo.
Thing is, with VUL, no one can or will explain why the insurance charge fluctuates even between policy anniversary or life insured's birthday. Not the agent, not the company itself. They will just say it's the actuarial's job. But no, they will not ask their actuarial to explain.
So far, hindi pa naman nag-fluctuate nang malaki yung insurance charges ko, about 600-700 a month sa isang policy ko, may critical illness rider, a little over 4 years, I'm on my 30s. I believe may notification sila kung lalagpas sa max charges indicated sa contract. Good thing, I can always download the breakdown of charges sa online account. Fair enough for me, considering inflation, same with other professions/services I avail - doctors, accountants, but I get it, they're licensed professionals.
Indeed
Dipende po kasi sa VUL Plan na kinuha niyo. di ko sasabihin kung anong company pero insured ako sa kanila and walang charges.
Ganda ng explanation. Fair.
1K na .. tuloy n ang watch collection ni Sir Rex Mendoza.
best explainer video! more power po! knowledge is power talaga, aralin and choose the best option talaga para sayo.
Naglike na ako sir Rex! Show your watches na!
discuss nyo dn po ang commissions
▲
Sir, you forgot to mention the VUL but Single-Pay Plan. I prefer the VUL single-pay plan + Limited Pay Whole Life Plan for myself (or with LIFETIME Health Coverage. Much Better po)
Anong insurance company po kayo kumuha?
Alam ko si PruLife lang ang may limited pay. Ang iba lakas manbudol limited pay daw pero regular plan pla.
Anong insurance po Yan?
Great Video Sir Rex. I’m amazed with your PP Nautilus watch🤩. But I would love to see your watch collection next time😀
Hi Sir Rex, 1K na po yung likes :)
Share us your passion for watches
Tama po kayo, may pinagbabagayan po talaga sila. I tried BTID and it's okay naman po, pero since breadwinner po ako and feeling ko d po enough ung napili kong insurance, kumuha na din po akong vul na may riders para sure na di magiging kawawa mga maiiwan ko kasi ako lang talaga ang source of income sa bahay. Advantages po ng Vul for me Peace of mind kumbaga Atsaka po para diverse na din po ang portfolio ko :)
Mam, saan po kayo kumuha ng VUL
@@Minickzky98 Prulife po.
Best explanation I've heard regarding the BTID vs VUL dialectic!
1k na. Next topic watches! Hahah. Just had a recent healthy altercation abou this. Btid vs vul. Twas fun! 😊
The best tlga Sir Rex👍👍👍🙏🙏🙏
Thank you po! Very informative po. 😊
Looking forward for your watch collection 😍
You pave the way of my thinking sir.. Thank you.
Thank you for this sir Rex, proud to be an IMG member!
I agree your mindset sir about Vul and btid
I thought mag sisisi ako kasi kumuha ako ng VUL, but then both naman meron ako, naisip ko mas ok lang may VUL kc dko kaya magbantay ng investment hahaha I keep forgetting them..
Hi good Po sir watching from Riyadh member po ako img kaiser insurance
do you use apple watch sir? looking forward for your watch videos pa include na rin nang prices from expensive to cheap,
Thank you Coach Rex!!Wooosshhh!!
With my own experience po Boss Rex, parang mas napapamahal ako sa TERM insurance in the long run, tumataas po kasi ang premium every after 5th year above.
VUL also increases in premium as you age, hindi lang halata 😅
Hindi naman problem kung tumataas every 5 years mas malaki pa naman masasave mo sa BTID kumpara sa VUL 🤣
John Carlo Emberga Good point. But as Boss Rex mentioned, it depends on the persons goals, time horizon etc...
Chadwick de Leon Good to note Sir. But once you got a Vul at earlier age, fix na po ang premium nun hangang maturity paying period. Cost of Insurance po (COI) ang tumataas😁
@@ashdelantar7877 what is your policy?
Thank you sir rex
Pls discuss about DITO telecommunications kung pwede ba sa fundamental analysis or sa technical analysis. Salamat!
i love your no nonsense approach to explaining this topic. subscribed!
my question tho is this: is there a scenario where it makes sense to have both term and vul insurance policies? beyond the fact that lets say you are a high income earner?
Sorry sa Words ah pero karamihan sa mga Financial advisor mga Bugok eto ung mga nanghahatak at nanghihila sa mga Mall lalo na sa Robinson tapat ng POEA sasabhin free freebies kakabuwiisit haharassin kanpa pero wala nmm alam sa Finance. Tinanung ko magkano ang Intrisic Value ng Investment if ever mag VUL ako aun napakamot ng ulo.. Kaya iba pa dn kung ikaw mag invest in control ka pa. Pero ang pinaka interesting na Video yun watch collection ni Idol Rex Mendoza.. I like niyo na 200+ nalang ang need.
Galing nito, Sir Rex! Best explanation of this topic. 👍
BTID is the best. I wouldn’t pay fees to the insurance companies by any means. Pag kumuha ka ng VUL yung unang taon mo wala mapupunta sa portfolio kasi kakainin muna ng insurance company yung pera mo.
Parang more than 1 year pa nga e
Thank u very much. I know my choices already dahil dito....
Ser Rex waiting nkme for ur watch collection ☺️🙏🏼👏🏼
🤗Thanks Boss Rex
Salamat po sa explanation..
Thank you! Clear explanation! Muntik ko na macancel vul ko. Buti nakinig ako dito ☺️😘
Hi. May i know po ano po vul nyo?
Parehong maganda ang vul at btid depende nga yan sa appetite mo salamat sir rex
Informative vedio sir rex.thank you.
I'm so happy for choosing btid, invest in mp2 and cooperative and having term insurance in philam life.
Hi po! May i ask magkano po kuha nyo ng term sa philam? :) kahit range lang sir if uncomfortable po kayo ishare ung exact amount for ur age po :)
@@heykate2036 37 po aq, 8740 annually, guardian 65 po ang tawag. Covered po un ng 1 million until 65 ang plan holder.
@@heykate2036 hi Ms. Kate, if you are interested to know term insurance from Sun Life, please feel free to message me :) License Financial Advisor here.
@@heykate2036, I’m a Philamlife financial advisor. Would be happy to assist you in getting a term insurance plan.
If okay to share, anong coop po?
Kailan po lalabas ung watch Collection ni Sir Rex Mendoza?
Very informative video,makes me more understand about VUL.Thank you Sir Rex 😃
Thank you, Boss Rex!
Naka VUL po ako for 2 years na, pero di ko naman ramdam yung advise agent ko? Walang annual report sa performance ng investment.
Also, can you make a video about taxes? Estate planning maybe. TIA
very well said sir Rex👏👏💓 i learned something from you😍💓
Very informative video. No bias. Purely based on experience and facts. Thank you sir Rex! ps. bat ngayon ko lang nakita itong video na ito ???
Nu kumuha ako ng VUL sa BPI -PHILAM and Insular. Never diniscuss sa akin Un choices na pde sa Equity, Balanced, and other types of funds ilagay Un investment side. My mistake is that Saka ako nagresearch after kun matapos bayaran. And sa Equity fund xa lahat pumasok unfortunately bagsak ang stock market right now. So imagine ang losses. Nakakapanlumo.
And to think, Un insurance charges ay kinukuha sa fund value mo even tapos ka ng magbayad. At pag mag zero Un fund value, terminated na Un insurance.
Kaya db nakaka galit ang response ng govt sa covid. Kasi Kun May VUL ka apektado ka.
how much nabudol sayo? mine was 800k
OMG i should stop mine. same sa BPI phil-am yung advisor na kausap ko parang ang mahalaga lang sakanyan is makapag bayad ako. sobrang nakukulangan ako sa pag inlighten ng policy ko. nakaltasan na ko in 1st quarter payment tapos pinacancel ko nagkakaltas parin sila haysss
Sir Rex, plan po namin kuhaan insurance 3 kids namin. Start sa panganay namin turning 18yo nxt yr, ano po ba maganda insurance for her? Thanks po
Very clear and informative.
May natutunan ako sir as future F/A salamat.
The best advice from me... to have them both... VUL and Term Insurance. End of discussion
Tanong ko lang po, yung mutual fund po ba required din maghulog like monthly or kung anytime mo lang kaya hulugan like mp2?
Klarong klaro ang explanation..Thank you Sir Rex, nakarelate ako sa relo
.Yan ang aking reward symbol. Namomotivate ako to invest more and part of reward is to buy watch per year kapag kumita. :)