Many financial experts hate the VUL plan and some may even tag it as a scam. If you’re following one of them you might be convinced that it’s really a scam. And I can’t blame you. But don’t get me wrong. This article is not meant to refute their claims nor support them. I just had an urged to explain some things that I think are also important in your decision making. So put down your pen and make sure you read this before you sign your insurance application.
Filing tax is now made hassle-free using the e-BIRForms. Wherein you can file your taxes using the offline e-BIRForms. You can use it to file your annual registration and taxes at the comforts of your home.
Today I turned 29. Oh, I suddenly feel so old. You know, this blog was created to add value to my readers, to you. I used this as an instrument, to amplify my voice, to reach as many, to help others. But hey, I have to stop here, my blog today shouldn’t be so formal.
In 2019, the Current Health Expenditure (CHE) in the Philippines rose to Php792.6 billion based on the Philippine Statistics Authority (PSA). CHE is the total amount spent by the government, HMO providers, insurance companies, and out-of-pocket (OOF) of Filipinos for health care.
Financial literacy is not taught in schools nor homes. Most of the time, it’s just self-thought. So if you know someone, maybe a friend who is knowledgeable about it, then this might be the perfect time to reconnect with him. Reality strikes; not everyone has that kind of friend. Luckily, the internet is already accessible for most of us to learn this quickly. While you would like to achieve this in a short time, you might also want to consider your current financial status, knowledge, and of course, be realistic.
Did you know that you still need to renew your BIR Certificate of Registration (form 2303) every year? This is paid, yes, every year, on or before January 31. I know you are already familiar with the registration fee, right? It’s the Php 500 you paid using the form 0605 when you got your COR. It’s the same thing when you’re renewing it. [continue reading…]
Insurance Commission (IC) has institutionalized remote selling of life and non-life insurance. Previously, it was only temporarily allowed to sell insurance products remotely due to the COVID-19 pandemic.
SUN Cancer Careis health insurance with a savings plan from Sun Life. It focuses on the treatment and rehabilitation of cancer, which is one of the leading causes of death in the world. While it gives guaranteed savings, a special paid-up bonus, and yearly dividends.
Are you also being tagged as “kuripot” by your friends? Don’t worry. There is nothing wrong with it. Sometimes, other people might think that being kuripot is the same as being selfish. But in reality, it has nothing to do with frugality. So yes, you can be frugal and generous at the same time.
DISCLAIMER: This website reflects only the views and opinions of the author, Federico Suan, Jr., and is not part of any official communication tools of any life insurance and investment company. The author has no responsibility against the comments posted by visitors. Necessary actions will be done accordingly as the website has no intention to malign its readers from factual information. Constant efforts is done by the author to bring precision in every post.