Kaizer, Philam Abundance Plus and others investment plans

[makie]

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Philam Life's Abundance Plus is an investment and life-insurance in one. For as low as P20T a year, you can start your Abundance Plus investment. Abundance Plus is a very flexible plan because you can choose what kind of funds do you intend to invest your money (on top of your life insurance). You also have the option to minimize your insurance protection in order to increase your investment.

Aside from having an insurance coverage and an investment portion, you can also opt to include these benefits:

Accident and Health - Additional cash benefits in case of accident or illnesses

Accidental Death Benefit - The amount that the beneficiaries will receive in case of death due to accident will be doubled

Lifeline - Provides additional coverage/assistance in case of critical illnesses (such as cancer, hypertension, etc.)

Mediguard - Provides daily hospital income for every day of hospitalization

Guardian - Can increase insurance coverage for a very minimal cost

Who manages Philam Life's Abundance Plus?

The investment portion of Abundance Plus is being handled by Philam Life Equity Fund (equity/stocks), Philam Life Balanced Fund (50% in stocks and 50% in fixed-income), and Philam Life Fixed Income Fund. These funds are different from Philam Asset Management, Inc. (PAMI) but both are doing exemplary well. Below are the annual returns from 2009 of the different funds:

Philam Life Equity Fund: 2009 (+41.47%), 2010 (+49.15%), 2011 (+0.31%)
Philam Life Balanced Fund: 2009 (+34.07%), 2010 (+41.93%), 2011 (+1.34%)
Philam Life Fixed Income Fund: 2010 (+7.45%), 2010 (+10.46%), 2011 (+11.05%)

**The poor performances of the Philam Life Equity Fund and Balanced Fund in 2011 was a result of the not so good market conditions. Equity and balanced funds are the more volatile funds while fixed income funds give relatively steady and consistent returns regardless of market conditions. Each kind of fund fits a certain kind of investor. Below are the classification of the funds according to the type of investor:

Philam Life Equity Fund - This is advised for aggressive investors and people with high risk tolerance. Equity funds normally go up the highest on good market/economic conditions but also go low the lowest on bad economic conditions

Philam Life Balanced Fund - This is advised for investors with moderate risk tolerance. Balanced funds normally mimic the performance of the better performing fund (equity or fixed income). It ranks second among the three in terms of volatility.

Philam Life Fixed Income Fund - This is advised for investors with very low risk tolerance. The returns of fixed income funds are relatively close to each other hence coining the term "fixed income" and market conditions is rarely a factor. In fact, regardless of how the economy is doing, fixed income funds give the same yields.

Example/Illustration of Investment

Imagine if you invested P20T way back in 2009 and added P20T annually in equity fund, placed P3T in insurance (premium) and P17T in investment each year.

2009: +41.47% (P24,049.9)
2010: +49.15% (P44,225.93)
2011: +0.31% (P61,415.73)

Total Investment = P51,000 (P17,000 per year)
Total Gain = 20.42% after 3 years

**The market is doing so great this year hence we are expecting Philam Life Equity and Balanced Funds to pick up the pace as well and do good once again. This should be a great time to invest.

Take advantage of the great market conditions and make your money grow fast with Philam Life's Abundance Plus.

To those who are interested to know more about Philam Life's Abundance Plus, please PM me.

[makie]

I've read about Philam abundance plus and it's a VUL investment.
meaning life insurance plus a low performing investment.

Right and wrong.

Right - Abundance Plus is a VUL
Wrong - Low performing investment

In 2009, 2010, and 2011, Philam Life Equity Fund, the investment arm that is handling the investment portions of most Philam Life's VULs gave YTDs (annual yields or returns) of 41%, 49%, and 0.31% respectively. 41% and 49% are high yields. In 2011, it's worth noting that the PSE Index finished the year up by merely 4%. 2011 wasn't a good year after all.

Philam Life Balanced Fund and Fixed Income Fund also handle Abundance Plus investments. Balanced Fund is not that far from Philam Life Equity Fund in terms of YTD while Philam Life Fixed Income Fund gave YTDs of 9%, 10%, and 11% in 2009, 2010, and 2011 respectively. All of such returns are at par with the top performing mutual fund companies in the Philippines.

**Philam Life Equity Fund, Balanced Fund, and Fixed Income Funds are not Philam Asset Management, Inc. (PAMI). PAMI exists as a different investment firm.

[engr_edwin]

Guys,
i was a kaizer and IMG member.. na late kog bayad for how many months then murag wala na daw to akoang plan. however, ni sign ko ug katong form para i activate balik ang akoa.. ni sign ko and until now wala pay feedback. it's been five months already. pabayaron ko sa akong MD daan kay para if maaprove na daw to ok na daw to sya para diretso na daw. Hmmm ana ko d ko oist. wat if d to ma okay nya nakabayad ko, saons nalang.

Pero i was thinking guys... is it really true na makakuha ta sa returns anang investment nila or something? I believe sa HEALTHCARE okay kau sya, pero kaanng Investment? AMBOT lang.. what will happen kaha after 10 years noh if magkadungan2 na ug mature tanan kwarta sa mga tao.. magdungan2 ug kuha sa ilang returns, mahatag kaha? i mean, d cla malugi jud ana? naay assurance na ang atong gi invest na atong gibayad nila is nag increase pd? I am sure atong kwarta ila jud nang gi invest or unsa gipalit ba ug stocks para pd matubo kay diha gud daw basehan na makuha ta sa atong gi invest... hmm well, sa ako lang na ha...

Pero tambag ko lang sa inyo, be sure to choose the best insurance companies or health care companies na cgurado jud ka... para d nata makahamahay.

[makie29]

Guys,
i was a kaizer and IMG member.. na late kog bayad for how many months then murag wala na daw to akoang plan. however, ni sign ko ug katong form para i activate balik ang akoa.. ni sign ko and until now wala pay feedback. it's been five months already. pabayaron ko sa akong MD daan kay para if maaprove na daw to ok na daw to sya para diretso na daw. Hmmm ana ko d ko oist. wat if d to ma okay nya nakabayad ko, saons nalang.

Pero i was thinking guys... is it really true na makakuha ta sa returns anang investment nila or something? I believe sa HEALTHCARE okay kau sya, pero kaanng Investment? AMBOT lang.. what will happen kaha after 10 years noh if magkadungan2 na ug mature tanan kwarta sa mga tao.. magdungan2 ug kuha sa ilang returns, mahatag kaha? i mean, d cla malugi jud ana? naay assurance na ang atong gi invest na atong gibayad nila is nag increase pd? I am sure atong kwarta ila jud nang gi invest or unsa gipalit ba ug stocks para pd matubo kay diha gud daw basehan na makuha ta sa atong gi invest... hmm well, sa ako lang na ha...

Pero tambag ko lang sa inyo, be sure to choose the best insurance companies or health care companies na cgurado jud ka... para d nata makahamahay.

I used to be connected to IMG and I had a very bad experience with this company.
I suggest nga if mokuha ka ug investment, insurance, or health care, go for a very reputable company.
Kaiser is so new to the market, wa pa ni kaabot ug 10 years so questionable pa kaayo ni.
In addition to that, daghan kaayo ug issues ang IMG labi na sa remittances, very serious issues for that matter.
And lastly, I don't find Kaiser effective. The health care coverage is only good for 5 years then after than, wala na, investment na. Ironic that they call it a "long term health care".
Much better if you get a separate health care, separate life insurance, and separate investment. Mas barato na, simple pa kaayo, and tubo pa dayun imong investments. In Kaiser, after 5 years pa magstart ug tubo imong money. 10% pa gyud sa life insurance coverage which is so small.

[ropiana]

Guys,
i was a kaizer and IMG member.. na late kog bayad for how many months then murag wala na daw to akoang plan. however, ni sign ko ug katong form para i activate balik ang akoa.. ni sign ko and until now wala pay feedback. it's been five months already. pabayaron ko sa akong MD daan kay para if maaprove na daw to ok na daw to sya para diretso na daw. Hmmm ana ko d ko oist. wat if d to ma okay nya nakabayad ko, saons nalang.

Pero i was thinking guys... is it really true na makakuha ta sa returns anang investment nila or something? I believe sa HEALTHCARE okay kau sya, pero kaanng Investment? AMBOT lang.. what will happen kaha after 10 years noh if magkadungan2 na ug mature tanan kwarta sa mga tao.. magdungan2 ug kuha sa ilang returns, mahatag kaha? i mean, d cla malugi jud ana? naay assurance na ang atong gi invest na atong gibayad nila is nag increase pd? I am sure atong kwarta ila jud nang gi invest or unsa gipalit ba ug stocks para pd matubo kay diha gud daw basehan na makuha ta sa atong gi invest... hmm well, sa ako lang na ha...

Pero tambag ko lang sa inyo, be sure to choose the best insurance companies or health care companies na cgurado jud ka... para d nata makahamahay.

Actually, if na lapsed ka sa imung payment sa kaiser, duha ranay paagi, it's either i redate or i reinstate.. kung ika 3rd month naka na lapsed, moadd ra kag 300 para activate ang imung account. kato imuha bro kay naa pa 'to, pwede pa to siya mapadayun unless nalapas na syag 2years, ma forfeit na to pero kung wala gani, anytime pwede rato nimu ipadayun.. ingon ana jud na siya bro, imu payment+300 para ma process make sure lang nga naa kay receipt or pwede sad direct nimu ideposit sa account sa kaiser den ihatag lang sa md ang copy sa slip or call hotline number sa kaiser..

regarding sa investment side, yes, imu money ana kay diversified na kay nakainvest na sad ka ana sa mutual fund, mao naay interest imu investment 8-12%, managed by reputable fund manager in the philippines. Den imu question na "malugi?".. Maybe there'r no such thing as risk-free investment.. naa jud na siya'y risk pero iminimize lang nato.. mao naka invest siya sa mutual fund kay para ma manage sa fund manager na expert na anang butanga.. then impossible ra sad siguro na tanang corporation sa philippines magdungan og kahagba para malugi ang mutual fund. Kung moubos man siguro ang stock market, there's no other way but to rise.. God bless..

[ropiana]

I used to be connected to IMG and I had a very bad experience with this company.
I suggest nga if mokuha ka ug investment, insurance, or health care, go for a very reputable company.
Kaiser is so new to the market, wa pa ni kaabot ug 10 years so questionable pa kaayo ni.
In addition to that, daghan kaayo ug issues ang IMG labi na sa remittances, very serious issues for that matter.
And lastly, I don't find Kaiser effective. The health care coverage is only good for 5 years then after than, wala na, investment na. Ironic that they call it a "long term health care".
Much better if you get a separate health care, separate life insurance, and separate investment. Mas barato na, simple pa kaayo, and tubo pa dayun imong investments. In Kaiser, after 5 years pa magstart ug tubo imong money. 10% pa gyud sa life insurance coverage which is so small.

Kaiser Healthcare was designed the way it is kay for long term man siya bro, meaning para mo longtad jud siya even mag age nakag 60+.
It's given na kaiser is just new in the market, but the concept is proven long enough in the US.
5 years ra ang coverage?
Imagine if an HMO company will shell out 50K from 1st year upto 15year of coverage bisag 5years rai gibayran?
Can you name an HMO company na mo offer ana? kay mokuha dayun ko.
I heard before, pero wala na sila karon..
If naka attend kag product training regarding Kaiser since you were a former IMG member, you should know that after five years, you still have health benefits coverage but depende na sa plan na imu gikuha, again in protection sad sa company para magdugay.
And investment needs time to grow, if nahan jud kag dakug tubo diha diha dayun den go for mutual fund.
kay sa kaiser add-on ra na ang investment.

[lorenzoleo]

Imagine if an HMO company will shell out 50K from 1st year upto 15year of coverage bisag 5years rai gibayran?
Can you name an HMO company na mo offer ana? kay mokuha dayun ko.

Kung naay HMO mu offer anang bisan 5 years lang ka mu pay then 15 years ka cge tagaan ug 50K, limit, dili na guru ko kita ana nga HMO inig abot 15 years. hehehehe! para nako stable kaayo ang Kaiser kay dili too good to be true ang pag ka design sa plan.

Usa sa nag manage sa funds sa Kaiser kay si Sir Rex Mendoza (CEO sa PhilAm Life). I knew this last year convention.

[lorenzoleo]

Guys,
i was a kaizer and IMG member.. na late kog bayad for how many months then murag wala na daw to akoang plan. however, ni sign ko ug katong form para i activate balik ang akoa.. ni sign ko and until now wala pay feedback. it's been five months already. pabayaron ko sa akong MD daan kay para if maaprove na daw to ok na daw to sya para diretso na daw. Hmmm ana ko d ko oist. wat if d to ma okay nya nakabayad ko, saons nalang.

Pero i was thinking guys... is it really true na makakuha ta sa returns anang investment nila or something? I believe sa HEALTHCARE okay kau sya, pero kaanng Investment? AMBOT lang.. what will happen kaha after 10 years noh if magkadungan2 na ug mature tanan kwarta sa mga tao.. magdungan2 ug kuha sa ilang returns, mahatag kaha? i mean, d cla malugi jud ana? naay assurance na ang atong gi invest na atong gibayad nila is nag increase pd? I am sure atong kwarta ila jud nang gi invest or unsa gipalit ba ug stocks para pd matubo kay diha gud daw basehan na makuha ta sa atong gi invest... hmm well, sa ako lang na ha...

Pero tambag ko lang sa inyo, be sure to choose the best insurance companies or health care companies na cgurado jud ka... para d nata makahamahay.

Logical Perspective:
Gi design nana ang plan nga maka pay sila inig mature, try to compute and analyze pila imu na save than then imu ma kuha inig abot sa 15 years, almost mu twice ra gani. Mura rag ni double ang money after 15 years, so para nako stable siya nga return.

Emotional perspective:
What if inig abot sa 15 years then naagihapon ang Kaiser? mag kasakit ta then wala tay health savings account na build up. Patay atong negosyo ug investment inig abot ana nga time. Sayang gi build nga wealth then walay heatlh savings. We need healthcare the most in the older years.

OT : Visit unya mo sa Kaiser healthgroup Diagnostic clinic sa Mepz 1 Lapu2x city, gamita inyo benefits.

About Guarantees:
Anything in life has no guarantees, even big business has no guarantees. What we guarantee is that we will all die, we will get sick in the future and no savings because we are not used in saving and investing money. We guarantee that Kaiser is regulated HMO in the Department of health list of HMOs. We guarantted that Kaiser is honored with major Hospital in the Philippines even with St. Luke's Hospital. It is also a guarantee that your money is lossing it's value as we speak if we just place everything at the bank due to inflation if we don't know how to invest and save it the right way.

[makie29]

Kaiser Healthcare was designed the way it is kay for long term man siya bro, meaning para mo longtad jud siya even mag age nakag 60+.
It's given na kaiser is just new in the market, but the concept is proven long enough in the US.
5 years ra ang coverage?
Imagine if an HMO company will shell out 50K from 1st year upto 15year of coverage bisag 5years rai gibayran?
Can you name an HMO company na mo offer ana? kay mokuha dayun ko.
I heard before, pero wala na sila karon..
If naka attend kag product training regarding Kaiser since you were a former IMG member, you should know that after five years, you still have health benefits coverage but depende na sa plan na imu gikuha, again in protection sad sa company para magdugay.
And investment needs time to grow, if nahan jud kag dakug tubo diha diha dayun den go for mutual fund.
kay sa kaiser add-on ra na ang investment.

It's just righteous to give P50T a year health coverage if you're paying P20T a year for a health care. Walay HMO nga mohatag ug P50T coverage it is because their premiums are way lower than P20T in a year.

Regarding the health benefits you get after the 5th year, di ba ang amount nga mabilin is only 10% of the life insurance coverage? Correct me if I'm wrong since this is the info that I have and passed on. Which by far lags if you separate everything (HMO, life insurance, and mutual fund).

So by breaking it down,

Let's assume nga 30 years old ko. Kung mag bayad ko ug P20T sa Kaiser, I get P50T health coverage and P35T life insurance coverage for the next 5 years provided that religious lang ko ug bayad ug premium. After the 5th year, P3.5T na lang ang mabilin since after the paying period, 10% of the life insurance coverage na man lang ang mocompound.

By the age of 60, I get P694,375 if we base it at 10% flat.

If akong buwagon by getting a separate HMO, life insurance, and mutual funds and paying the same premiums, paying a total of P10T for both HMO and life insurance, I could already get a good health coverage and at least P1M life insurance coverage. The remaining P10T, akong iinvest sa mutual funds.

By the age of 60, I get P902,108 still based on 10% interest rate.

If we look at it closely, the long term health care of Kaiser is derived by compounding 10% of the life insurance coverage which, on a technical POV, is an investment. For P20T a year and only getting almost P700T after 30 years, murag hinay ra gyud. Of course, that is considering the fact nga kabalo ko asa mangita ug mas paspas nga paagi.

However, these are some gray areas nga iclarify:

[1] After the 5-year paying period, pila na lang ang health benefits?
[2] After the 5-year paying period, pila na lang ang life insurance coverage?

As far as I know, after the 5-year paying period, 10% na lang sa life insurance coverage ang mabilin which is very, very small.

[lorenzoleo]

However, these are some gray areas nga iclarify:

[1] After the 5-year paying period, pila na lang ang health benefits?
[2] After the 5-year paying period, pila na lang ang life insurance coverage?

Kaiser Long term -care was designed for long term not for short term. yes, I know that gamay na lang imu coverage diri. but mu interest na siya dili lang kay 10% sa Life Insurance coverage. Dili man na puro lang too good to be true ang pag ka design sa plan kung we will talk about stable company. Sakto ra na nga pag ka compute, yes I admit gamay na siya, but you can get Shor term care using that coverage, this was I knew from Sir Jaime Antunez, Kaiser Coordinator Vis-Min.

Ang life Insurance after 5 years, same gihapon nga coverage pag 5 years. Kaiser has a rider 15 year term life. Dili pud ni siya pwede ma compare og life isnruace product kay HMo ni nga company. Nindot compare ang PhilAm sa other Life Insurance companies, dili sa HMO companies. HMO companies, ma compared ra with HMO companies becuae it is of different entity.

In the Financial Foundation, it states that you must have Short term care and Long term care. Not Short term or Long-term.
That is why I feel comfortable with Kaiser after I have analyze the plan, the returns are not too good to be true and returns are realistic to be achieved. BTW, bai human na ko ako Kaiser this month lang.

Mustart napud ko ug PhilAm, na launch na ang PhilAm-IMG partnership nga product. Importante nga diverfieid imung kwarta, naa kay kaiser, Naa kay PhilAm, naa kay FAMI, naa kay PhilEquity. Kana tanan sudlanan na siya. Mao ng mas maayo dili lang i-compare2x. Maayo naa kay saving nga low pud ug return but stable, naa pud kay aggressive nga funds, importatne daghan kag gi butangan.