Manila, Philippines
geri@investmoney.com.ph

Category: Insurance

liability insurance contract

What is Professional Liability Insurance, and Who Needs It?

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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 made on your part, such as failing to adequately perform a professional service or giving a client incorrect advice, could result in a messy lawsuit.…
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afraid to be rich

Investment Vehicles to Avoid

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As you make important decisions about your money and what to invest in, it’s good to know which investments are good and which ones aren’t. Unfortunately, this isn’t always clear. You might end up confused about what to do. Confusing policies are everywhere. Along with this, some investment brokers act more like salesmen than teachers,…
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Life Insurance Excuses that Most Filipinos are Guilty About

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Filipinos typically ask help from their kin in times of trouble, but to move forward as a nation, people should learn to take responsibility for their decisions and their lives. Managing your finances wisely is the first step.

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Ask Geri: I Want to Get VUL and Mutual Funds. Is it OK?

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I’m planning to invest in VUL. But still, I also want to invest in mutual funds simultaneously. Is it ok to do this simultaneously? Which has higher return? I’m trying to weigh how much to allocate for both given my limited budget.

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Does Your House Have Fire Insurance?

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Funny how the lending bank is prudent when it comes to protecting its interests (in this case a house and lot) while the actual owners of a real estate property is not too keen on protecting their own assets.

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Ask Geri: Investment Options for a College Student

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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?

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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: Should I Get VUL Insurance or Mutual Funds?

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Get both! The “or” approach may be stemming from the fact that VUL and investment funds do have some overlaps and maybe you want to avoid the redundancy and the repetition to sort of maximize your investments. But they do have distinct purposes and benefits that the other cannot provide.

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

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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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Ask Geri: I Have Extra Cash To Invest: Car or Condo?

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Both options above are illiquid and very long term commitments. Meaning if you change your mind, or have a need for cash beyond your emergency funds, it will be more difficult to sell these items to have cash.

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