05/12/2024
Minimum plan for age 10 to 40 is K45, monthly premium of P2,647.
Minimum plan for age 10 to 40 is K50, monthly premium of P2,941.
Minimum plan for age 41 to 50 is K60, monthly premium of P3,529.
Minimum plan for age 51 to 60 is K75, monthly premium of P4,412.
Recommended plan for age 10 to 60 is K100, monthly premium of P5,882.
Kaiser Long Term Health Care, 7 years to pay lang, me 3-in-1 plan ka na with life and health insurance and investment. Me family assistance, in case of emergency. Me 10% bonus every year during the extended period and me return of premium pa and many more!
"Upon maturity 85% of the total premium ang maibabalik po sa atin. Paano yung 15%, saan daw napunta?"
Let us take the example of K100. The annual premium for K100 is P58,821, so the 7 year total is P411,747.
If no hospitalization claims were made during the first 7 years, then on the 20th year, 85% of P411,747 or P350,000 will be given to the planholder as "Long Term Care Bonus."
This P350,000 is just one of the components of the projected maximum value on maturity. What are these components?
Total accumulated unused health benefits: P269,750
Long Term Care Benefit: P100,000
Long Term Care Bonus: P350,000
Total Accumulated Additional Health Benefits: 446,419.
Total: P1,116,169
P1,116,169 is roughly 283% of total premiums.
P350,000 is 85% of total premiums.
Saan nagpunta ang 15%?
I do not know exactly how the computations go, but this 85% (P350k) return of premiums is only 30% of the total maximum projected value (P1,116,69)
Maybe the 15% is returned as the Long Term Care Benefit, which is about 24% of total premiums, so 85% + 24% = 109%.
Meaning bumalik na lahat ng premiums, may extra 9% pa, ddon pa lang sa Long term care benefit at long term care bonus, kaya all other benefits are effectively FREE.
Kaya after 20 years
-- the total accumulated unused health benefits (with interest) totalling P269,740 is FREE
-- the total accumulated additional health benefits (with interest) totalling P446,419 is FREE.
And if the Lord takes you home early within 20 years?
Your family gets P450k (or P900k if accidental), or about 109% (or 218%) of all premiums paid, and still get the maturity value on the 20th year!
So how do we explain this?
The 85% just complicates the explanation, and gives rise to strange questions like where did the 15% go?
Maybe we should explain it like this:
-- we will pay Kaiser a maximum of 7 years of premiums.
-- the insurance coverage is about 109% of 7 years of annual premiums, double if by accidental death.
-- on maturity, we get 236% to 286% of all premiums paid, depending on mode of payment.
-- if the Lord takes us home within 20 years, our beneficiary gets the proceeds of insurance (109%) PLUS the plan (less insurance, or 236-283%)
KAHIT ANONG MANGYARI PANALO KA!
Win win situation yan!
To learn more about Kaiser Ultimate Long Term Health Care:π
https://204609ph.imgcorp.com/quote/kaiser
Want to join IMG and enjoy many amazing benefits:
https://204609PH.imgcorp.com/
KAHIT HINDI IMG MEMBER, PWEDENG MAG-INVEST SA KAISER LONG TERM HEALTHCARE PLAN BUT YOU HAVE TO GET THIS THROUGH IMG MEMBER.
If interested, click the 2 links above and message me for one2one discussion.
