Investment, Financial, VUL
The Power of VUL Investing
INVEST & MAKE A DIFFERENCE
WHAT DO YOU NEED TO KNOW ABOUT VUL?
You can use VUL as a way to protect your income and health or to set aside money for your children’s education or to help pay for your loved ones’ final expenses like estate taxes. In essence, it’s investment-linked insurance coverage. Most insurance companies’ top-selling product is a two-in-one product that provides both protection and investment. Investments in VUL are similar to those in mutual funds. Professional Fund Managers invest the money according to the insured’s selection of funds. Many funds are available, including money market, bonds, balanced, equities, Philippine index, and many more.
The VUL’s investment component may rise in the long run if the Fund makes the right decision and performs well. It’s a great way to increase your retirement savings with this investment vehicle. Voluntary Unemployment Insurance (VUL) comes in two varieties. If you’re looking for a simple way to pay for a significant sum of money, Single Pay VUL is the best option. With this type of insurance, the money you pay in premiums goes straight into the fund of your choice, where it can grow at a quicker rate.
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Global Filipino Blogger
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A multi-award-winning blogger and advocate for OFWs and investment literacy; recipient of the Mass Media Advocacy Award, Philippine Expat Blog Award, and Most Outstanding Balikbayan Award. Her first book, The Global Filipino Bloggers OFW Edition, was launched at the Philippine Embassy in Kuwait. A certified Registered Financial Planner of the Philippines specializing in the Stock Market. A recognized author of the National Book Development Board of the Philippines. Co-founder of Teachers Specialist Organization in Kuwait (TSOK) and Filipino Bloggers in Kuwait (FBK). An international member of writing and poetry. Published more than 10 books. Read more: About DiaryNiGracia
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