What is Professional Liability Insurance, and Who Needs It?

Posted Leave a commentPosted in Business 101, Insurance, Business & Entrepreneurship, Guest Posts

Professional liability insurance is a necessity for conducting business with peace of mind. It is a great tool to have if you ever find yourself in a lawsuit. A mistake […]

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Ask Geri: Investment Options for a College Student

Posted Leave a commentPosted in Affiliate Marketing, Investments, Passive Income, Financial Literacy, Stocks, Ask Geri, Insurance, Personal Finance

Whatever course you are in right now, your skills, marketability and time are all investments. As such make sure to hone your skills and talents while still in college, such that when you graduate, you either become an sought-for asset to a company, or a young competent leader of your businesses.

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Ask Geri: OFW Prepared for Death Expenses, Now How to Live?

Posted Leave a commentPosted in Financial Literacy, Ask Geri, Financial Freedom, UITF / Mutual Funds, Insurance, Personal Finance

In a gist, VUL asks you to commit a monthly payment whether it is for the next 5, 7, 10 or 15 years. During this time, a portion goes to protection by guaranteeing an amount in case the owner dies, suffers disability or critical illness. Further a portion is invested in instruments that work like a Mutual Fund / UITF which grows exponentially over time. This fund is withdrawable for any use, such as eventual retirement, tuition fees, home purchase etc.

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Ask Geri: Can You Send Me a Sample VUL Computation?

Posted 9 CommentsPosted in Financial Literacy, Plugs, Insurance, Personal Finance

Notice that DG’s quotes provide for higher death benefit for lower annual premium given that she is much younger than RCM. Also, the projected fund value by 65 y/o is much higher, in spite of lower premium (hence lower investment amount), since DG has more invested years before reaching 65 y/o, compared to RCM. This is simply time value of money and compounding at work.

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