00:39.9
Ang risk kasi pwedeng may positive at negative siya ng outcome.
00:45.2
Ganon din yung sapalaran, diba?
00:47.2
Kapag nakipagsapalaran ka, pwedeng pangit, pwedeng maganda yung magiging kahihinat na niya.
00:53.9
So yun daw insurance, ito yung pagtatransfer nung negative na pakikipagsapalaran natin
01:03.9
from one entity to another in exchange for payment.
01:09.4
So yan yung ibig sabihin ng insurance.
01:15.9
Tapos, it involves pulling risks over a large number of similar units such as households
01:23.5
persons or businesses.
01:26.1
So ang susi talaga dito sa insurance para mag-work siya ay
01:30.2
dapat ito ay may maraming mga members o maraming mga kliyente.
01:39.9
Kasi ang nangyayari siya kasi yung malaking number na yan
01:45.5
yan yung naghahati-hati ng risk sa totoo lang.
01:49.7
At yung naghahati-hati ng risk na yan,
01:53.5
kung mas madami, ibig sabihin liliit din yung ating, liliit yung kakailanganin nating bayaran.
02:01.6
So the more, the merrier.
02:04.2
Kung habang mas dumadami ang sumasali sa insurance, mas lumiliit yung premium na babayaran natin.
02:12.8
Kasi nga, mas dumadami yung maghahati-hati doon sa risks, sa risk exposure.
02:23.4
So, yan ang technical definition talaga ng insurance, okay?
02:28.1
At lahat tayo ay, ano no, lahat tayo ay nakakaranas ng risks.
02:33.9
Lahat tayo nakikipagsapalaran.
02:35.9
Yung pagpunta nyo sa palengke at kayo ay sasakay ng jeep o kaya sasakay ng LRT
02:42.9
o kaya magdadrive saan man papunta, ay may kasamang risk yan.
02:48.1
Hindi tayo sigurado kung sa daan tayo ay masasnatch,
02:53.0
o masasagasaan, o kaya madudulas, di ba?
02:57.4
All of these things are risks.
02:59.8
At hindi talaga natin kayang i-eliminate ang risk.
03:03.8
Para sa akin din kasi, no,
03:05.0
pag ang buhay na walang risk ay boring din sa totoo lang, di ba?
03:10.4
Kung smooth sailing yung inyong ano, yung inyong buhay masyado, parang boring din siya.
03:17.5
So, kailangan talaga natin ng risk.
03:19.1
Kasi ako naniniwala ako na the right amount of risks.
03:23.0
Actually, pushes us to innovate, pushes us to be more creative,
03:27.6
pushes us to think outside the box, no?
03:31.2
So, kailangan natin siya, pero ang right level lang.
03:34.8
Ang hindi maganda talaga yung risk na masyadong malaki yung negative impact sa atin.
03:43.2
Kaya kailangan ng insurance, okay?
03:45.2
So, in our lives yun nga, we both have happy times and difficult times.
03:50.6
Yun talaga yung katotohanan dyan, no?
03:53.0
But we all face risks, just risks, just by being alive.
03:57.6
No one is fully shielded from them, ano?
04:00.2
At kung sa totoo lang, kung gagawin na lang natin lahat ay pag-iingat,
04:04.8
eh mas malaki yung gagastusin natin doon sa pag-iingat na yun
04:10.6
kaysa doon sa magiging gain natin, sa gusto nating gawin.
04:14.6
For example, o sige, nandito ako sa ano ngayon, nasa Bangkok ako ngayon.
04:21.6
Kagagaling namin ni Edwin sa Maldives.
04:25.6
So, sumakay kami ng aeroplano from Maldives to Bangkok, no?
04:33.6
From Male to Bangkok.
04:35.6
So, ano ba yung mga pwedeng mangyari?
04:38.6
Pwedeng bumagsak yung aeroplano, diba?
04:41.6
So, ang ganyanan lang namin para pumunta dito ay roundtrip Bangkok-Male-Bangkok
04:49.6
ay nasa 20,000 pesos.
04:52.6
So, yun yung cost, no?
04:54.6
Pero pupwede kaming mag-ingat ng sobra-sobra para masigurado na buhay kami na pupunta dito.
05:05.6
So, ano yung mga pupwedeng gawin dyan?
05:08.6
Pwede siguro na yung kukunin naming seat sa aeroplano
05:17.6
ay sisiguraduhin namin na mayroong ready na ejection seat para sa amin.
05:25.6
Para kung sumabog mano pa ganun yung aeroplano, may eject kami at magpa-parachute.
05:31.6
Pero 20,000 pa rin kaya ang babayaran namin?
05:35.6
Nagigat siya yung sinasabi ko.
05:37.6
So, kailangan babalansihin talaga natin yung cost nung pag-iingat natin
05:42.6
doon sa gagastusin natin to be able to achieve what we want.
05:46.6
At yan yung tatandaan natin.
05:49.6
Kasi dapat, the benefits should far outweigh the costs.
05:55.6
Sa insurance, dapat talagang malaking malaki yung makukuha natin na benepisyo sa maliit na halaga na inilalagay natin.
06:07.6
Yun dapat yung makukuha natin sa insurance.
06:12.6
At hindi yung ipatandaan natin.
06:14.6
Ipagsasapalaran natin na depende yan sa performance ng market o depende yan sa investment na pipiliin mo.
06:22.6
Hindi dapat nakadepende doon.
06:30.6
Something bad can happen to anyone and often it is unpredictable.
06:35.6
Eh, kung alam natin na masamang mangyayari, gagawin pa ba natin?
06:40.6
Actually, ako din, sabi ko nga, kagagaling ko ng mali.
06:43.6
At oh my God, super ganda talaga.
06:46.6
Nag-snorkel ako doon.
06:50.6
Oh my God, super ganda talaga.
06:52.6
As in, walang, sorry.
06:55.6
Sorry to the Philippines.
06:57.6
Sigurang pagpumunta ako ng Tubataja Reef, no?
07:00.6
Ayan yung na-miss out ko eh.
07:02.6
May chance dati na pumunta para hindi ako pumunta.
07:04.6
So, yun. Pero, so yun ulit ano, parang,
07:09.6
doon sa pagpunta doon,
07:11.6
ang sinabi sa akin ay,
07:14.6
makakakita kayo ng sharks at saka makakakita kayo ng stingray.
07:22.6
So, ako parang, oh my God, baka kainin ako ng shark or something.
07:27.6
O kaya, baka matusok ako ng stingray.
07:30.6
Diba may Australian na ano, si Brady ay namatay dahil sa stingray. Ganyan.
07:35.6
Eh, professional pa siya.
07:37.6
So, may ano talaga eh. Mayroon talagang, ah,
07:40.6
mayroon kang babayarang, babayarang kapalit sa mga gusto mong mangyari sa buhay mo. Diba?
07:51.6
So, nung nagpunta na ako doon, parang sabi ko, ah, sige. Ano na to?
07:54.6
Tanggapin na natin. Eh, kung type ako ng shark, kagatin.
07:59.6
Ano pong magagawa ko? At sino ba makakapagsabi na nakagat sila ng shark?
08:04.6
So, ayun. Pero anyway, nung nandun na, sobrang majestic. Alam mo po niyo yung shark.
08:09.6
Kasing laki, kasing laki ko. Ganyan. Pero maliit lang yung bunga nga niya.
08:14.6
Kaya nakita ko, ay, parang hindi ako, ah, eto, ano, siguro makahita ako lang makakain ito.
08:18.6
Hindi ako makakain ito ng buo. So, mabubuhay pa ako kung sakali.
08:22.6
Pero, nung nakita na ko siya, parang, oh my God, sa sobrang ganda, sa sobrang kakaiba nung experience, ay,
08:30.6
uulitin ko siya ulit. No? Kasi, yun eh, kailangan mo talagang, ah, balansihin.
08:36.6
Ganun din yung sa stingray. Nakakaloka talagang.
08:38.6
Parang, out of this world. Ang dami-dami nilang, ah, ano, no, ah, pupunta.
08:44.6
Pero, yun lang yun. Kung alam natin na may masamang mangyayari, pwede naman tayo na, ah, pilihin natin na huwag nalang gawin yun.
08:52.6
Totally avoid it. O pwede natin, ah, i-mitigate yung risk. No?
08:57.6
Sabi ko, nagpunta ako dun sa, ah, shark ay, ah, pwedeng mas, ah, ano, no, mag, mag, ah, magpupunta ako dun sa ilalim.
09:07.6
Pero nakalagay ako sa cage. Pero baka mas mahal na naman yung babayaran ko dun. Diba?
09:12.6
So, yun yung mga kailangan natin i-take into, ah, consideration. Okay?
09:17.6
So, lahat tayo may risks talaga. At saka, never natin siya ma-eliminate at, ah, ah, given siya ng buhay natin.
09:25.6
Maski yung pagpapakasal nyo nga sa asawa nyo, may risk yun. Diba? O kayo pa rin ba? Oo. Diba? Kung hindi na, yun yung risk that you had to take. Diba?
09:32.6
And our responsibility is to learn how to respond to these issues.
09:35.6
And our responsibility is to learn how to respond to these issues.
09:36.6
And our responsibility is to learn how to respond to these issues. Diba?
09:38.6
So, alam mo dapat kung ano yung kalagayan mo at ano yung kahihinatnan mo kung tatanggapin mo yung risks na yan.
09:46.6
Si house husband ba? O si earning wife ang i-e-insure?
09:53.6
Yung breadwinner, yung i-e-insure natin. Regardless of the gender of that person.
10:01.6
Basta in the family, kung sino yung breadwinner,
10:04.6
siya dapat yung unang i-e-insure. Kasi kapag siya rin nawala, malaki yung financial impact niya or financial loss na mangyayari.
10:16.6
So, sino naman ang i-e-insure? Ang anak na 2 years old? O ang nanay?
10:32.6
Sige nga. Sino yung dapat i-e-insure sa kanila?
10:44.6
Housewife na no income or child na 2 years old?
10:51.6
Okay. Sabi ni Helen, yung wife ba yung 2 years old?
10:58.6
Sabi ni Lilibeth, yung nanay, housewife, nanay.
11:00.6
Sabi ni Lilibeth, yung nanay, housewife, nanay.
11:01.6
Okay. Sabi ni Helen, yung wife ba yung 2 years old?
11:02.6
Sabi ni Lilibeth, yung nanay, housewife, nanay.
11:03.6
Sabi ni Alan, yung bubang nanay, housewife, nanay.
11:04.6
Sabi ni Frances, yung anak. Sabi ni Homer, yung housewife.
11:08.6
Ooooo actually, trick question yun. Wala. Kasi walang financial loss.
11:17.6
Diba? Na-earning namang si housewife eh. Diba?
11:20.6
Hindi ko naman sinabi nga siya yung nagaalaga ng mga anak niya. Diba?
11:24.6
Si anak, wala ding income eh. So hindi nila kailangan ng life insurance.
11:31.6
Ma-gets nyo na, kailangan titignan natin na may financial loss. At yung financial loss na yun ay malaki. Ma-apekto ka talaga yung pamilya ng grabe.
11:46.7
Yun yung nangangailangan ng insurance. Okay? Ng life insurance in particular.
11:52.5
Okay. Malinaw ba doon? Siguro naman. Ewan ko na lang kung hindi pa rin malinaw yan.
11:58.6
And this is most appropriate for uncertain and expensive losses.
12:05.4
Yung hindi natin ma-predict yung pangyayari. Katulad ng kailan ka ba mamatay?
12:13.3
O kailan ka ba magkakasakit? Kailan ka maaaksidente?
12:16.7
Hindi natin alam yan. At expensive yung loss.
12:21.3
So ang insurance po ay lagi natin tatanda na ito ay expensive.
12:28.6
Protection. Insurance equals protection.
12:33.0
And ang nakakalungkot nga lang dito sa Pilipinas, only 1 in 5 Pilipinos have some form of life insurance.
12:42.6
Ito ay base sa annual report ng Insurance Commission ng 2020 na inilabas nila noong January 2023.
12:50.7
O diba? Taray. 3 years late.
12:54.5
Tapos, unfortunately,
12:58.6
yung 2014 nung meron akong similar na research dito ay 1 out of 3 yan.
13:07.6
So mas marami yung may life insurance pa 10 years ago compared to 2020.
13:16.6
So ang insurance po ay huwag na huwag natin na iti-treat as investment.
13:25.5
Hindi siya equivalent to uninvestment.
13:29.6
So the insurance premium should be considered as an expense and not as an investment.
13:38.6
Kasi, meron po bang muslim dito sa grupo natin?
13:44.6
Kasi kung may muslim, sa mga muslim alam niyo ba na ang insurance ay haram?
13:50.6
Yaan ay kasalanan.
13:54.6
Dahil, it is tantamount daw to,
14:01.0
Which is totoo naman, diba?
14:02.6
Kasi parang yung premium na binamabayad natin,
14:07.5
maliit na, quote-unquote,
14:09.2
tayak siya sa panganib na maaaring mangyari sa'yo.
14:14.9
At pag yung panganib na nangyari sa'yo ay mababayanan ka.
14:17.8
So that's the, quote-unquote,
14:19.3
gambling part of it.
14:23.5
Pero, pag titignan natin siya,
14:26.4
yung insurance kasi,
14:28.1
kung titignan naman natin siya na,
14:30.3
we come together,
14:31.8
we come together,
14:34.9
ang intention natin ay
14:38.6
paghati-hatian natin yung
14:41.8
panganib na maaaring mangyari
14:47.2
So, kunwari kamatayan, diba?
14:51.3
considered siya as expense.
14:56.8
meron akong tubuhin dyan, ha?
15:00.3
mayroon akong mababawi dyan.
15:03.5
Hindi dapat ganun.
15:07.7
at ang konsepto mo ay,
15:09.8
ito yung contribution ko
15:12.1
para doon sa mga tatamaan nung panganib na yan.
15:18.7
At kung ako man yung tamaan ng panganib na yan,
15:21.4
ay ako ang magbe-benefit.
15:23.7
Ganun dapat yung pagtingin natin sa insurance.
15:27.7
babayad ako yan, ha?
15:28.8
Uy, pero kung walang nangyari sa akin,
15:30.7
sana mabawi ko naman yung binayad ko
15:32.9
kasi walang nangyari sa akin.
15:35.1
Hindi ganyan yung insurance dapat.
15:38.1
Kaya, kapag naglagay tayo
15:40.3
doon sa insurance natin,
15:42.5
nagbayad tayo ng premium natin,
15:44.5
dapat ito ay considered na expense,
15:47.4
kaya dapat ito din ay murang-mura
15:51.2
para hindi masakit, no?
15:52.9
Para hindi masakit sa bulsa natin.
15:56.4
So, the benefit is paid when risks happen
15:59.5
as income replacement for the loss,
16:02.2
not to grow your wealth, no?
16:04.8
Ang sinasabi nang dito ay,
16:07.0
kasi kapag ako yung tinamaan ng panganib na yan,
16:11.4
ako yung breadwinner eh,
16:12.7
ako yung source ng income,
16:14.1
mawawala yung source ng income.
16:19.2
uy, magbabayad ako yan para umaman ako.
16:23.1
Hindi siya ganun.
16:24.5
Hindi ganun ang insurance.
16:25.5
Ang insurance ay,
16:27.6
magbabayad ako ng maliit bilang kontribusyon ko
16:30.5
para makapagtulungan tayong lahat
16:32.7
na kapag nangyari yung panganib na yan,
16:35.0
ay may matatanggap yung mga tatamaan.
16:37.9
At kung ako yung tatamaan nun,
16:39.4
malas ko na lang.
16:41.8
Malas dahil tinamaan ako,
16:43.2
pero swerte na rin kasi meron akong,
16:45.2
meron makukuha ako or yung dependents ko.
16:47.9
Yun talaga yung function ng insurance na,
16:51.1
na, ano no, na maayos.
16:55.5
And if the risk did not happen,
16:58.0
that means you are safe and had peace of mind.
17:01.1
So yun talaga yun, ano?
17:04.5
Mas nakakatulog ka ng mahimbing sa gabi
17:07.5
dahil alam mo na pag hindi ka na bumangon kinabukasan,
17:12.9
Kinuha ka na ni Lord,
17:14.4
edi mayroong aasahan yung mga dependents mo
17:19.4
o yung mga beneficiaries mo
17:20.8
bilang kapalit nung mawawalang income
17:23.2
dahil kinuha ka na ni Lord.
17:26.8
So that's why we say insurance
17:28.6
is not part of our investment.
17:33.2
Ang insurance din ay iba sa pre-need plans.
17:37.8
So ang pre-need versus insurance,
17:42.3
yung purpose ng insurance ay
17:44.5
para protection against risks.
17:47.5
Yung pre-need naman ay
17:49.2
para matutusan natin,
17:52.4
mapunan natin yung mga financial needs natin
17:55.0
for specific services in the future.
17:57.5
Katulad ng education, pension, memorial services.
18:03.6
At usually itong pre-need,
18:05.0
mas alam natin kung kailan siya mangyayari.
18:07.7
Itong risks sa insurance,
18:09.5
hindi natin alam kung kailan siya mangyayari.
18:13.2
Yung types dito sa insurance,
18:15.0
we have life, health, auto insurance,
18:17.8
and home insurance.
18:19.1
Tapos meron din tayong education plans,
18:21.3
pension plans, memorial, or burial plans
18:23.7
sa pre-need naman.
18:25.0
Pareho itong regulated ng insurance commission.
18:29.5
ang regulator ng pre-need ay ang
18:31.6
Securities and Exchange Commission.
18:33.6
Pero inilipat na sa insurance commission.
18:35.3
At tingin ko yun ay tama.
18:38.6
Yung payment ng benefits sa insurance,
18:41.0
this is paid out upon the occurrence of the insured event.
18:44.4
Kapag namatay, nagkasakit,
18:47.8
Yung pre-need ay ibibigay naman ito
18:50.5
kapag nag-arise na yung need
18:53.7
or predetermination.
18:55.0
Diba kung kukuha ka ng pensyon,
18:57.5
nakalagay dun kung kailan.
18:58.9
20 years after 20 years ba,
19:00.8
mag-start ka na ng pensyon mo
19:02.1
or when you reach the age 65.
19:04.1
So may certainty kung kailan siya mangyayari.
19:07.2
Itong sa insurance,
19:09.6
hindi nyo alam kung kailan siya mangyayari
19:14.3
hindi ka rin sure kung mangyayari siya.
19:17.4
Itong sa pre-need,
19:18.6
sure tayo na mangyayari siya.
19:21.7
Yung use of funds sa insurance,
19:25.8
yung beneficiary na ang bahala
19:27.5
kung saan niya gagamitin.
19:29.9
Itong sa pre-need,
19:31.2
pwedeng may freedom yung beneficiary
19:34.1
or pupwede rin na nakataya talaga.
19:36.6
Like for example,
19:37.4
sa gumawa ka ng memorial plan mo.
19:41.5
meron kang memorial lot
19:43.6
at saka hindi yan ibibigay as cash sa iyo.
19:47.4
So ganoon yung difference ng insurance
19:49.7
at saka ng pre-need plans.
19:57.4
two broad categories of insurance.
20:02.1
So, life at saka non-life.
20:07.0
it gives the face amount to the insured
20:09.0
or the beneficiaries
20:10.5
upon a certain event,
20:13.7
It covers premature death,
20:16.0
income during retirement,
20:19.5
Ang main products dito,
20:20.8
we have whole life,
20:21.9
we have endowment term,
20:26.7
we have protection ito, no?
20:28.8
Of an individual against losses and damages
20:31.2
other than those covered by life insurance.
20:34.2
So, pwede itong property loss,
20:36.3
liability arising from damage
20:38.2
caused by an individual to a third party.
20:43.4
ang mga main products ng non-life,
20:45.1
we have the auto insurance,
20:47.2
we have fire insurance,
20:49.4
and travel insurance.
20:52.8
So, meron tayong,
20:56.0
so meron tayong non-life and life.
20:58.7
So, dun tayo sa life,
20:60.0
may two broad categories siya.
21:01.6
Merong traditional life,
21:03.0
at saka may investment link.
21:04.6
So, yung traditional life,
21:06.2
nandito yung term,
21:08.5
at saka endowment.
21:10.0
Tapos, sa investment link insurance,
21:13.2
nandito naman yung investment link whole,
21:16.0
at saka investment link endowment.
21:20.9
sa insurance din,
21:24.7
maririnig natin usually yung permanent na insurance.
21:29.0
So, term insurance muna.
21:31.5
So, yung term insurance,
21:32.9
we provide coverage for a certain period of time
21:36.2
or a specific term.
21:39.4
per year yan, ano?
21:41.8
Mag-charge lang po ako,
21:42.7
magsasalita lang,
21:43.6
kasi baka mawala yung aking power.
21:50.6
yung term insurance,
21:52.0
ang tinitignan talaga natin dyan,
21:54.0
meron siyang ano, no?
21:57.0
Limited yung kanyang coverage.
22:01.7
limited according to time,
22:03.7
yung kanyang coverage.
22:08.7
covered ka ng one month,
22:10.7
pwedeng covered ka ng one year,
22:13.7
pero ang pinaka-common ay
22:16.7
So, yan yung term insurance.
22:24.6
If the insured dies
22:26.0
during the period covered
22:27.7
or period is specified,
22:30.7
the benefit will be paid
22:31.7
kasi enforced siya.
22:36.2
bumili ka ng policy mo
22:40.6
March 9 ngayon, no?
22:42.4
So, mag-end siya ng March 8,
22:45.4
kung one year yun.
22:48.5
within that period,
22:49.9
ibibigay nila yung
22:53.7
namatay ka ng March 25,
22:58.3
tapos hindi mo na-renew
22:59.4
yung iyong term insurance,
23:01.2
hindi ka na-offer.
23:03.6
Kaya, kailangan talaga,
23:05.0
tinitignan mo pa rin, no?
23:06.1
Kung ano yung specific period
23:10.2
sa term insurance.
23:11.6
But this is much less expensive
23:14.1
than permanent insurance products.
23:16.8
Yung endowment at saka,
23:17.8
yung mayroon siyang kasamang savings,
23:20.5
yung mayroong kasamang endowment,
23:22.3
yung mayroong kasamang investment,
23:23.5
mahal yung mga yun.
23:25.4
Itong term insurance talaga yung mura.
23:28.1
Walang cash value.
23:29.5
At tanggapin natin yun.
23:31.9
hindi dapat siya investment,
23:35.2
So, kaya ang pinakagusto natin talaga
23:38.0
ay itong insurance.
23:39.5
At yan yung nire-recommend natin
23:41.1
para ma-maximize natin
23:42.9
yung insurance protection
23:44.2
while minimizing cost.
23:47.2
Kasi, di ba, sinasabi natin
23:48.9
na dapat i-treat mo siya as an expense.
23:51.0
ang kukunin natin
23:52.2
kapag tinitreat siya as expense,
23:53.5
dapat niyong may pinakamalaking
23:55.3
benefit na maibibigay sa atin.
24:02.3
maliit na premium
24:11.7
yung kukunin din natin.
24:23.5
Tapos, maririnignan natin usually
24:25.3
itong tinatawag na
24:26.9
permanent insurance.
24:33.8
Nakikita nyo ba ng malinaw
24:35.5
yung PowerPoint ko?
24:40.2
Well, hindi naka-cover.
24:42.3
Kasi dito saan may cover.
24:44.4
So, ang permanent insurance
24:46.1
is an umbrella term
24:47.5
for life insurance plans
24:49.0
that do not expire
24:50.3
and combine death benefit
24:52.6
with a savings component.
24:53.5
So, kapag permanent insurance
24:55.5
basta pag sinabi nila
24:58.1
usually mayroon siyang
25:00.0
savings component
25:02.3
hanggang sa mamatay ka
25:05.9
permanent insurance.
25:07.5
So, dito maraming
25:13.5
Pagka ito yung nakuha ko
25:14.9
hanggang sa mamatay na ako
25:18.2
mamaya malalaman natin na
25:19.6
hindi mo naman kailangan
25:26.6
At i-explain ko siya
25:36.7
So, investment-linked insurance
25:45.1
are used to purchase
25:46.2
life insurance protection
25:47.6
and investment units.
25:51.8
inevaluate ko itong
25:53.3
investment-linked insurance
25:56.3
insurance na nasa
25:59.5
term din lang talaga.
26:02.1
Napapamahal lang tayo, no?
26:09.8
The value of the policy
26:11.9
performance of the
26:17.1
on the performance
26:18.0
of the investment funds
26:21.4
mag-focus dito, ha?
26:27.1
Kasi diba sabi natin
26:37.2
Ngayon ang nangyayari
26:41.8
hindi natatransfer.
26:43.4
Mukhang ikaw pa rin
26:45.7
nung risk na yan.
26:49.0
nung insurance mo,
26:51.1
investment-linked
26:55.4
Tapos sasabihin nila
27:00.7
kaya nang bayaran
27:22.1
on the performance
27:34.1
down na down siya,
27:35.7
Kung down yung market,
27:37.5
hindi kikita yung
27:39.8
Kung hindi kikita
27:40.6
yung fund value mo,
27:44.3
insurance policy mo.
27:47.9
sa insurance policy mo,
27:54.5
naman nila ngayon
28:03.3
ang nangyayari ay
28:10.1
kundi ikaw na din
28:13.6
nakikipagsapalaran na
28:29.1
ng insurance commission
28:30.5
sa annual premium
28:35.1
kung titignan nyo dito
28:36.9
So, itong traditional
28:58.3
ng traditional life.
29:00.6
At ang binayaran lang
29:02.6
nag-participate dyan
29:21.5
E diba sabi natin,
29:25.3
kasi mas maraming
29:29.0
kung may tatamahan
29:29.9
at may mamamatay.
29:41.0
yung ipinangako nila
29:56.4
32 billion na yan?
30:04.9
sabihin na natin.
30:30.0
yung 1.5 trillion
30:47.8
na life insurance
30:52.9
na binabayaran mo,
30:59.4
kung magbabayad ka
31:47.1
is term insurance
31:57.3
ano yung pipilihin natin?
32:09.2
ito yung babayaran
32:21.9
More often than not,
32:30.1
to your dependents.
32:47.5
Tanungin nga natin,
32:49.8
tanungin nga natin
32:51.5
ready na si Helen.
32:58.9
ano ba yung tatanong ko?
33:17.8
Dalawa ang anak mo.
33:20.1
Ilang taon na yung bunso?
33:25.4
Mag-i-18 na siya.
33:29.4
natin makakonsider
33:31.2
ang mga anak natin
33:33.9
dependent sa atin?
33:43.6
pag-graduate nila,
33:45.2
uy, kaya mo na yan.
33:52.4
ilang taon pa yun?
33:58.3
3 years mo na lang
34:04.4
How old are you now?
34:17.3
And I look forward
34:19.6
Ilang taon ka na?
34:28.7
hindi mo na kailangan
34:29.9
ng life insurance.
34:31.3
Kasi, by that time,
34:32.7
21 na yung bunso mo,
34:34.5
dapat kaya na niyang
34:35.6
tumayo sa sarili niyang paa.
34:41.9
yun yung lesson doon.
34:51.3
kunin na tayo ni Lord?
34:55.6
kasi may hinuhulugan pa ako
35:00.6
pwede ko na siyang
35:06.6
yung hinuhulugan mo
35:09.5
kasi mayroon niyang
35:10.5
tinatawag na mortgage
35:11.4
redemption insurance.
35:13.4
Kapag kinuha ka ni Lord,
35:15.2
fully paid na yun
35:19.3
So, hindi mo siya
35:21.3
Diba, yung utang na yun
35:22.5
hindi siya maipapasa
35:25.6
Nakatipid pa nga sila
35:28.6
fully paid na siya.
35:30.9
ayaw natin yung gano'n.
35:36.8
after three years mo na lang
35:38.7
three years mo na lang
35:40.5
ng life insurance.
35:43.3
calculation dyan.
35:46.1
Just to illustrate
35:50.4
ng life insurance.
35:51.1
So, hindi natin kailangan
35:51.2
ng life insurance.
35:52.7
forever and ever.
35:57.4
insurance premium
35:58.8
ititreat dapat natin
36:03.6
is for protection
