mega Gold heath care need base
Comprehensive : Need Base :HEALTH CARE WITH INSURANCE PACKAGE AFFORDABLE -SALARY DEDUCTION FOR DECS HIGH SCHOOL AND ELEMENTERY NATIONWIDE | INDIVIDUAL | Colleges | Companies | Cooperatives| association| AND OTHERS
DETAILS OF PPROGRAM
1. PARTICIPATING PERMANENT PLAN
A. Coverage Lifetime of the insured
B. Short Term Payment : Only five (5) years to pay
C. Dividend Generating Plan : Dividends may be left to earn interest or may be withdrawn anytime .However ,Dividends are not guaranteed
2 GUARANTEED INCREASING CASH VALUES FOR EMERGENCES AND POLICY LOANS
3. YEARLY RENEWABLE TERM INSURANCE OF p48,000 DURING THE PAYING PERIOD FOR FIVE YEARS (5) YRS ONLY
4. HEALTH CARE COVERAGE
Annual Phisical Examinations (APE)-In Affiliated Clinics for all covered members after the 11th month of continuous payment of membership fee s .Covered examinations are as follows
1. Medical History /Phisical Examinations
2. Chest X-ray
3. Urinalysis
4. Stool Examination
5. Complete Blood Count
6. Optional : ECG /Pap Smear (40 years old and above)
* For covered emergency,out -patient and in-patient medical services /benefits (Philhealth inclusive)
* In accordance with Room and Board limit per day and Aggregate benefit imit (ABL) per year
* Healthcare coverage for five (5)years or during paying period only
* Subject to Eligibility and ,Pre-exixting conditions,Dreaded Disease Limit and Exclusions provisions of the program
5. Wide age range for eligibility
Entry age ;A Basic Plan Age 20-55 years old
B. Gyrt :age 20-55 years old
C. HMO :age 20years old
D below Age 20 yers old subject for underwriting approval
6. Room on board php 600 per day
7. Availment benefit limit Php 30,000.00 per year thereafter
5 pay life coverage -very affordable
AGE Php 450 Php 500 Php 550 GYRT Coverage
Monthly monthly monhtly 48,000.00
20. 46,583 62,111 63,111 48,000
21. 45,454 60,606 60,606 48,000
22. 44,117 58,823 58,825 48,000
23. 43,103 57,471 57,471 48,000
24. 41,899 55,865 55,865 48,000
25. 40,650 54,200 54,200 48,000
26. 39,473 52,631 52,631 48,000
27. 38,764 50,890 50,890 48,000
28. 35,545 47,393 47,393 48,000
30. 34,246 45,622 45,662 48,000
31. 33,039 44,052 44,052 48,000
32. 31,712 42,283 42,283 48,000
33. 30,487 40,650 40,650 48,000
34. 29,296 39,062 39,062 48,000
35 .28,142 37,523 37,523 48,000
36. 26,978 35,971 35,971 48,000
37. 24,792 33,057 33,057 48,000
38. 24,793 33,057 33,057 48,000
39. 23,771 31,695 31,695 48,000
40. 22,761 30,349 30,349 48,000
41. 20,053 26,737 26,737 48,000
42. 20,920 27,894 26,894 48,000
43.20,053 26,737 26,737 48,000
44. 19,206 25,608 25,608 48,000
45. 18,404 24,539 24,539 48,000
46. 17,647 23,529 23,529 48,000
47. 19,910 22,547 22,547 48,000
48. 16,216 21,621 21,621 48,000
49. 15,544 20,725 20,725 48,000
50. 14,895 19,860 19,860 48,000
51. 14,258 19,011 19,011 48,000
52. 13,661 18,214 18,214 48,000
53. 13,089 17,452 17,452 48,000
54. 12,531 16,708 16,708 48,000
55. 12,009 19,012 16,012 48,000
Note : Schedule of face amount are based on stardard medical and occupational RISKS. Face amount may be adjusted on risky occupations and adverse medical findings. Riders may not be granted by Underwriting on particular cases..
Contact us : Virgilio Vallecera Tel 2548618
Or Leo Luyong for your insurance need , life and non-life
50 years in service http://www.benlife.com.ph/enhanced the company we belong..
REGULAR PLANS
Whole Life
Whole Life paid-up at age 60 or 65
2, 5, or 20 Payment Life
Endowment at age 60 or 65
20-Pay Endowment at age 60 or 65
20 Years Endowment
20-Year Anticipated Endowment
Money Accumulator Plans (MAP)
EDUCATIONAL PLANS
Academic Life Program
PRODUCT MIX PLANS (Life and Health)
Mega Multi-Life Protector Plus
TERM PLANS
Group Yearly Renewable
Group Credit Life
Group Mortgage Redemption Insurance
10-Year Convertible Term
Term to age 65
SPECIAL CORPORATE PLANS
Salary Savings Insurance
PENSION PLANS
Money Accumulator Pension Plus
Money Value Plus
DOLLAR PLANS
Dollar Advantage
Our office Cebu
Virgilio Vallecera and Leo Luyong
Room 303 Cebu Holdings Centre
Cebu Business Park
Cebu City 6000
Tel 5164323 cel 09069088926
Res. 032-2548618
Money Value Plus
MVP product the best of its kind.
The insured covered for life with rider , WPD, ADB. for below 18 with payors clause..
5 years to pay 10 years to mature , then Lumpsum , still covered for life , same face amount
5 years to pay 15 years to mature, then Lumpsum , still covered for life , same face amount
5 years to pay 20 years to mature, then Lumpsum , still covered for life, same face amount
Available age 6 -55 years old
MVP monthly rates/ Per unit /PNB saving account
50 thousand face amount years to pay /10 years to mature:
| AGE | 5 / 10 . | 5 / 15 . | 5 / 20. |
| 50k | |||
| 20 | 822.63 | 604.76 | 486.63 |
| 21 | 827.25 | 609.76 | 491.63 |
| 22 | 833.25 | 615.38 | 497.25 |
| 23 | 838.25 | 620.01 | 502.25 |
| 24 | 843.88 | 625.63 | 507.88 |
| 25 | 850.38 | 631.76 | 514.00 |
| 26 | 857.00 | 638.01 | 521.00 |
| 27 | 864.63 | 645.26 | 528.25 |
| 28 | 872.88 | 653.88 | 538.88 |
| 29 | 880.63 | 661.26 | 544.63 |
| 30 | 890.25 | 670.51 | 553.88 |
| 31 | 899.00 | 678.88 | 562.63 |
| 32 | 909.75 | 689.26 | 573.38 |
| 33 | 920.50 | 700.01 | 583.75 |
| 34 | 931.88 | 711.76 | 595.13 |
| 35 | 943.75 | 723.63 | 607.00 |
| 36 | 957.13 | 737.38 | 620.00 |
| 37 | 971.50 | 751.76 | 634.00 |
| 38 | 986.50 | 767.13 | 648.63 |
| 39 | 1002.00 | 782.63 | 663.75 |
| 40 | 1018.50 | 799.13 | 679.88 |
| 41 | 1034.63 | 815.63 | 695.63 |
| 42 | 1052.13 | 832.76 | 712.00 |
| 43 | 1069.75 | 850.01 | 728.88 |
| 44 | 1088.50 | 868.76 | 746.88 |
| 45 | 1108.25 | 888.51 | 765.88 |
| 46 | 1129.00 | 908.88 | 785.13 |
| 47 | 1150.88 | 930.38 | 805.88 |
| 48 | 1172.50 | 952.38 | 826.75 |
| 49 | 1196.00 | 975.13 | 849.13 |
| 50 | 1220.63 | 999.38 | 872.25 |
Note : if more units you buy multiply the desired number of units ;
Note :all ages below 20 years old refer to age 20 monthly rates.
Contact us : Virgilio Vallecera Or Leo Luyong for your insurance need ,life and non-life
50 years in service http://www.benlife.com.ph/enhanced the company we belong..
REGULAR PLANS
Whole Life
Whole Life paid-up at age 60 or 65
2, 5, or 20 Payment Life
Endowment at age 60 or 65
20-Pay Endowment at age 60 or 65
20 Years Endowment
20-Year Anticipated Endowment
Money Accumulator Plans (MAP)
EDUCATIONAL PLANS
Academic Life Program
PRODUCT MIX PLANS (Life and Health)
Mega Multi-Life Protector Plus
TERM PLANS
Group Yearly Renewable
Group Credit Life
Group Mortgage Redemption Insurance
10-Year Convertible Term
Term to age 65
SPECIAL CORPORATE PLANS
Salary Savings Insurance
PENSION PLANS
Money Accumulator Pension Plus
Money Value Plus
DOLLAR PLANS
Dollar Advantage
Our office Cebu
Virgilio Vallecera and Leo Luyong
Room 303 Cebu Holdings Centre
Cebu Business Park
Cebu City 6000
Tel. (32) 231-9419, (32) 231-5787
Res. 032-2548618
Whole Life Insurance up to 70
What is whole life insurance?
A whole life insurance policy covers you for your entire life, not just for a specific period such as term insurance. Your death benefit and premium in most cases will remain the same. Whole life insurance also builds cash value, which is a return on a portion of your premiums that the insurance company invests. Your cash value is tax-deferred until you withdraw it and you can borrow against it.
Are there choices within whole life insurance?
Yes, the most common choices include traditional, interest-sensitive, and single-premium whole life insurance policies. A traditional whole life insurance policy gives you a guaranteed minimum rate of return on your cash value portion. An interest-sensitive whole life insurance policy gives a variable rate on your cash value portion, similar to an adjustable rate mortgage. With interest-sensitive whole life insurance you can have more flexibility with your life insurance policy such as increasing your death benefit without raising your premiums depending on the economy and the rate of return on your cash value portion. Single-premium is for someone who has a large sum of money and would like to purchase a policy up front. Like other whole life insurance options, single-premium whole life insurance accrues cash value and has the same tax shelter on returns.
What are the benefits of choosing a whole life insurance policy over other types of life insurance policies?
Unlike term life insurance, a portion of your premium money goes toward your cash value which in turn could pay off your entire policy only after a few years. Also, your premium will remain constant during the time you are covered unless you choose otherwise. And, unless you make a change to your whole life insurance policy, you have lifelong coverage with no future medical exams. Whole life is also a good choice because of the tax savings.
Should I purchase a whole life policy for an investment?
The rate of return on a whole life insurance policy is very low compared to other investments, even with the tax savings factored in. Most investment professionals would agree that life insurance should not be used solely as an investment tool and you should judge your policy choices on the protection and not the rate of return. But, if you are in need of life insurance, the tax benefits and cash value is an added bonus when purchasing protection for your loved ones.
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2012 Motor Trend SUV reviews
2012 Motor Trend SUV of the Year Wallpaper: Land Rover Range Rover Evoque
There are insurers offering car insurance . How do you make a fair car insurance comparison?
These days, we all need to find a way of saving money, however with insurance, sometimes buying the cheapest wont work out to be the most cost effective in the long run. In this country, to keep a car on the road, third party insurance is necessary (hence the ‘compulsory’ component), however more and more people are opting in to choose fully comprehensive car insurance as well. Whats the best way to getting a deal? Shop online and use a service like verleegen we process in days, to see how your car insurer stacks up. Importantly, read customer reviews of car insurance companies – often what happens after an accident is the most telling sign of how good an insurer is.
verleegen services is just that – a website dedicated to comparing insurance providers. Shortly, we’ll have a range of reviews, so comparing your favourite car insurers will be easy!
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Insurance fraud
Insurance fraud is any act committed with the intent to fraudulently obtain payment from an insurer.
Insurance fraud has existed ever since the beginning of insurance as a commercial enterprise.Fraudulent claims account for a significant portion of all claims received by insurers, and cost billions of dollars annually. Types of insurance fraud are very diverse, and occur in all areas of insurance. Insurance crimes also range in severity, from slightly exaggerating claims to deliberately causing accidents or damage. Fraudulent activities also affect the lives of innocent people, both directly through accidental or purposeful injury or damage, and indirectly as these crimes cause insurance premiums to be higher. Insurance fraud poses a very significant problem, and governments and other organizations are making efforts to deter such activities.
Causes
The “chief motive in all insurance crimes is financial profit.” Insurance contracts provide both the insured and the insurer with opportunities for exploitation. One reason that this opportunity arises is in the case of over-insurance, when the amount insured is greater than the actual value of the property insured This condition can be very difficult to avoid, especially since an insurance provider might sometimes encourage it in order to obtain greater profits. This allows fraudsters to make profits by destroying their property because the payment they receive from their insurers is of greater value than the property they destroy.
Insurance companies are also susceptible to fraud because false insurance claims can be made to appear like ordinary claims. This allows fraudsters to file claims for damages that never occurred, and so obtain payment with little or no initial cost.
The most common form of insurance fraud is inflating of loss.
Losses due to insurance fraud
It is virtually impossible to determine an exact value for the amount of money stolen through insurance fraud. Insurance fraud is designed to be undetectable, unlike visible crimes such as robbery or murder. As such, the number of cases of insurance fraud that are detected is much lower than the number of acts that are actually committed.
The best that can be done is to provide an estimate for the losses that insurers suffer due to insurance fraud. The Coalition Against Insurance Fraud estimates that in 2006 a total of about $80 billion was lost in the United States due to insurance fraud.[2] According to estimates by the Insurance Information Institute, insurance fraud accounts for about 10 percent of the property casualty insurance industry’s incurred losses and loss adjustment expenses.
The National Health Care Anti-Fraud Association estimates that 3% of the health care industry’s expenditures in the United States are due to fraudulent activities, amounting to a cost of about $51 billion.[4] Other estimates attribute as much as 10% of the total healthcare spending in the United States to fraud—about $115 billion annually.In the United Kingdom, the Insurance Fraud Bureau estimates that the loss due to insurance fraud in the United Kingdom is about £1.5 billion ($3.08 billion), causing a 5% increase in insurance premiums. The Insurance Bureau of Canada estimates that personal injury fraud in Canada costs about C$500 million annually.
Insurance fraud can be classified as either hard fraud or soft fraud.
Hard fraud occurs when someone deliberately plans or invents a loss, such as a collision, auto theft, or fire that is covered by their insurance policy in order to receive payment for damages. Criminal rings are sometimes involved in hard fraud schemes that can steal millions of dollars.
Soft fraud, which is far more common than hard fraud, is sometimes also referred to as opportunistic fraud.This type of fraud consists of policyholders exaggerating otherwise legitimate claims. For example, when involved in a collision an insured person might claim more damage than was really done to his or her car. Soft fraud can also occur when, while obtaining a new insurance policy, an individual misreports previous or existing conditions in order to obtain a lower premium on their insurance
source: http://en.wikipedia.org/wiki/Insurance_fraud
Guaranteed Cash value of your whole life policy
One advantage of a whole life insurance policy is that you get a cash value account in addition to the face amount. The face value is the amount the company pays to the person you specify when naming a beneficiary for your policy. A cash value is a special account where you deposit some of your prize money. Account earn money in recent years that you can tap into when you want it. This cash account value is tax-deferred and you can use to invest or borrow against.
In case you decide to cancel your insurance plan, you can get all or some of your cash value amount back. You get all this money back if you do not owe the company money (for fees or premium payments). A lot of people prefer the cash account value in their real life, because it adds a layer of protection and flexibility. They have the assurance that their families are taken care of while using the additional advantage of the cash value account.
Whole Life vs. Term
A whole life policy does not require you to renew it because it never ends. Payment is guaranteed for your benefit. It is preferable to term insurance, which requires you to re-qualify for a number of years or specific life events. Many policies will give customers the full amount of life insurance policy if he lives to be a senior at 100 years old. It is called “termination date.” Many policyholders may suffer life insurance because it is tax deferral. They often use it to shelter some of their profits and then pass the benefit value of their assets or trust funds.
Cash Deposit Accounts Explained
You can turn on the whole life insurance policy for cash value accrued in recent years. The account is like a home, building equity. Most people use the cash value to borrow against it without loans. The account is like a security blanket that will allow you to get the loans otherwise you may get. Some companies will not allow a borrower to use the cash value until several years has gone so check with your insurance agent about the company policy. You will be charged an interest rate set by the company, so be sure to ask about that as well. If you end up you owe money on life insurance policies on your pass, the amount is deducted from the cash value or total benefit amount.
Cash Value of tax benefits
Many people prefer life insurance because the tax benefits are very good. The yield on the amount of cash is not taxed each year as the proceeds do not exceed the premium amount. Generally, the life insurance benefit amount is not taxed as income, but they may be subject to estate taxes and gift taxes. You can also add the cash value of the amount your insurance policy to reduce taxes. The issue of taxation is complicated, so consult a financial adviser for more information.
Compare Whole Life Insurance
All in all, the cash value of your whole life policy gives you some protection as a term insurance policy no. Will you have the added security of a cash value account. A never ending policy means you’re never going to pay renewal fees, as opposed to a long term policy. Your first offer / price may be higher in a whole life policy, but the benefits are greater.
Writing articles for nearly 4 years. His newest interest is in general insurance. So come visit his latest website that discuss about general insurance and http://www.verleegen.com
why need Construction Insurance?
Construction insurance is a little different than liability insurance. It is sometimes called a “builders risk” policy.
The main difference between contractors liability insurance and construction insurance is that liability insurance protects the contractor from accidents, and construction insurance protects the structure during the building process. In other words, it protects the materials purchased for the structure during the building process, from loss due to damage or theft.
While it is usually the home buyer who is responsible for getting construction insurance to protect their investment, the general contractor constructing the building may buy it if it is required in the contract. Depending on the area the building is being constructed, this insurance may also be necessary to comply with local city, county and state building codes.
Sure, if a contractor causes damage to a home under construction, this damage would be covered under their liability policy, but remember, they are only liable if the contractor or his workers were negligent and caused the damage.
Damage could come from many sources including fire, wind, storms, ice, etc. This certainly would not be the fault of the contractor. So to avoid losses in this situation, it is wise for the person having the home built, to take out a construction insurance policy. In fact, construction insurance will usually protect you from losses due to fire, vandalism, lightning, wind, and similar forces. However it probably will not cover you if there is a flood, an act of war, or an earthquake.
Coverage typically ends when the construction period is complete at which point your homeowners policy would take over.
Oh, and beware… if you’re one of those hands-on folks who likes to pop in on the builder constantly, and do work on the home during the building phase, you may want to refrain from that. That’s because any damage you do to the structure during the contractors building phase will likely not be covered under any policy, including the contractors liability insurance or your construction insurance.
My best advice is to stay away during the building phase. I’m not saying you can’t pop in and check in on THEIR progress, of course you’re going to want to do that. But do yourself a favor and keep your tool belt at home. Otherwise you’ll be tempted to turn a screw here and drive a nail there. The next think you know you’ll be plugging in power tools. Just don’t do it. You hire THEM to do the job, so let them do it.
One exception you should know about is this… If the construction project primarily exists of renovations or additions to an existing building, the owner’s existing property insurance may cover the work. So check with your insurance provider before buying construction insurance. The last thing you want to do is pay for an insurance policy you may not need.
Construction insurance will cover only the amount spent on the structure up to the point of the damage. In other words, if your home will be worth $300,000 when it is complete, but you have only spent $100,000 in the building process up until it is destroyed by a lightning strike and fire, you’ll get $100,000 from the policy.
Note: should you need insurance cover contact us
why Your Business Need Commercial Property Insurance?
Commercial property insurance is for people who own commercial property. For instance, my wife and I own a commercial building where she operates her day spa business. In addition to her general liability insurance policy and her professional liability insurance, which cover her business, we carry commercial property insurance.
The commercial property insurance covers the building both inside and out as well as the contents of the building from things like fire, theft, water damage (with exclusions of course) and other unfortunate mishaps that could occur.
Let’s say for instance my wife arrives at work in the morning. As she pulls into her parking lot she is shocked to see that a hit and run driver smashed through the plate glass window on the front of her shop overnight. Since the diver is long gone, probably sleeping off a hangover, we would likely not be able to rely on their automobile insurance policy to cover the damage. (We really should have put that video camera up!) This is a situation where we would have to turn to our commercial property insurance to pay for the damages.
Other situations where this policy may come into play is if the building was damaged in a storm or someone stole the sign off her front yard. Even if vandals or thieves broke in and destroyed or stole her expensive equipment, commercial property insurance would cover the losses.
The cost of premiums for this type of insurance varies depending on whether you choose replacement cost coverage or actual cash value (ACV) coverage. Replacement cost policies are usually better for small businesses since they allow the business owner to buy new equipment and inventory, but this coverage comes at a higher premium than ACV coverage.
Oh, one tricky aspect about this type of policy you should know about is this… your an agent or insurance sales person will probably ask you about terrorism coverage. This is something new to hit the commercial insurance industry since the unfortunate events of 9/11/2001. Terrorism insurance covers a business for acts of terrorism. In fact, this is something we actually have to fax a decline form for every year, if we do not want coverage. Since we’re pretty sure this type of claim will never have to be filed by a small day spa, we decline.
But commercial property insurance itself is something all commercial property owners want to add to their portfolio. Even if you own your property without a mortgage, and may not be required to have it, you may want to buy it anyway. If money is an issue, ask your insurance agent or broker if you can save on a package deal that includes commercial property insurance, general liability insurance and professional liability insurance if you need or want those policies as well. Bundling your policies with one insurance company can usually save you some money on annual premiums.
Money is a good servant but Bad ruler
Some of the most brilliant person in history was complete mental age when it comes to money: Thomas Jefferson died heavily in debt, Mozart died a beggar, the most lucrative and prosperous nation in world history (United States) is about in default on its loans and massive inflation experience.
The problem with handling money is not much an intellectual as it is a matter of self-control. Here are some strategies to make yourself smarter than the good old Tom Jefferson.
Move the money into an untouchable saving account on a regular basis. You can set the automatic transfer to your bank. When my wife and I were first married we socked away a whopping $ 10 a month. The amount of money will not multiply very fast, but our ability to save and leave the account alone is set a side for the future when we are able to up that amount. Eventually we saved $ 30,000 in about four years at a sergeants pay (we make about $ 25,000 a year at that time), enabling us to put 20% down on our first home .
If you have cash, do not buy it. You do not use a credit card for the normal cost or for luxuries. Nothing can transfer money from your savings account unless it is to buy something which you are meant to save. (The exception to this rule in the case of a real emergency, your desire for the Big gulps, a new wardrobe or a new mattress set is not a necessity to lose your job, unexpected medical bills, A death in the family, those are emergencies.)
Figure out the difference between needs and wants. It is fine to have some of you would view as well as strict requirements, but it is not refined believe you need new clothes for the party and whip out a credit card to pay for. If you’re itching to buy something not on your regular expenses, spend a week deciding, contemplating, research, and evaluation of your desires.
Cut off the credit. Some people just can not control themselves. If you have one (or your spouse), the cards need to be surrendered. Money is a big, big deal. Without them you can not work properly or fun. You can not eat or live in a house or drive a car with no money. Represents life. That’s why we get all emotional over it. That’s why many marriages wreck money troubles. If you really can not control yourself, cut the plastic or surrender the card to your spouse liability. Live in a cash allowance.
Crunch the numbers. Fortunately, understanding of the financial house do not require more than a fourth grade education. Figure out where your money goes each month. Are you controlling it or it controls you? Doing math can give you the motivation towards self and help you see the big picture. It can also be discouraging if you are too deep in a hole of debt. Let discouragement will motivate you to change your ways. Being a slave is not happy and money is a cruel master.
The two most consistently temping factor in any life is usually spending and eating. But bad ruler if you can not control it, otherwise Money is a good servant an effort at self control, even if we fall short repeatedly, increases our capacity incrementally in every area of our lives. Nothing will bring so much peace as master of himself.
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How to save?