BTID vs VUL

I usually suggest term insurance sa mga trader because i know they can outperform the investment fund with proper strategy,risk management and mindset of course. Things I consider is that our VUL product has 200% the total face amount once na namatay si client so if same lang naman yung payment ng term insurance niya sa 200% coverage ng VUL bakit ko pa ipupunta sa term insurance?

Example. 21 Male VUL Face amount P500,000 *200% claim life coverage P1,500 per month vs 21 Male Term Insurance P1,000,000 life insurance coverage P1,500 per month

Then I'll go for VUL. Nagmamahal lang ang VUL because of spiel like "VUL is your investment/retirement" doon sila sinasamantala like how much are you willing to pay for your investment or retirement fund?

I'm not a type of F.A naman na sasabihing retirement fund or investment ang VUL. But what I like about VUL is that it double thw face amount if namatay client ko so that's my spiel right there.

/r/phinvest Thread Parent