Single Pay VUL or Mutual Fund

Sir Nick, ano po maipapayo nu sa katulad ko..

my insurance na po ako dto sa singapore linked to investment din po since 2007 til 2022 aside from the insurance provided by our co.

Gusto ko po sanang pure investment lang kya lng nabasa ko sa inyo na mas maganda ang single pay VUL kaysa sa MF…

52 yrs old na po kc ako kya ang target ko ay para sa retirement ko po….yun po kayang cost averaging or compounding interest applicable pa ba sa akin yan e gusto ko po kac at d age of 60 tigil na po ako ng work.

Pwede po bang idiscuss nu ung pros and cons or comparison ng MF ng SPVUL…at saka mga fees na rin po….maraming salamat po.

1 thought on “Single Pay VUL or Mutual Fund”

  1. Maraming salamat po sa inyong tanong.

    I believe you have read this article: http://lifeinsurancehub.ph/investments/why-invest-in-a-single-premium-vul-spvul-instead-of-mutual-funds-or-uitf/

    SPVUL and Mutual Fund will behave in very similar way. Both are very liquid once needed, more or less, same procedures as to withdrawal. They are invested in the same markets (should you choose the same fund, e.g. Equity Fund). Choosing an SPVUL will expose you to an additional cost of more or less P6,000 (for a 500k SPVUL) of difference in fund value in 10 years, in favour of Mutual Funds.

    That additional cost for SPVUL will provide you life insurance benefits, e.g. liquidity upon death and guaranteed 125% death benefit.

    Allow me to answer your question by some questions you might want to ask yourself.

    1. Are you fully insured?

    If you no longer have dependents, you might want to check the inventory of your assets and plan for estate taxes.

    If you are, you may want to choose MF.

    2. Is there a need for liquidity of the funds upon death?

    Maaari bang kailanganin ng mga maiiwan mo agad agad yung pera?

    If fully insured ka na but if you feel na kelangan magkaroon ng access agad ang mga maiiwan mo sa pera na iinvest mo, marahil SPVUL ang magandang option para sayo.

    Dahil kasama sa mffreeze na assets ang Mutual Funds kapag kinuha na ni Lord ang investor, may katagalan ito bago makuha ng mga taong maiiwanan natin. If mahalaga yun, magandang option ang SPVUL.

    My Take.

    If ako po ang nasa sitwasyon na katulad ng sa inyo, ganito po ang gagawin ko.

    1. Funds that are already on hand, say nasa 500k yung pataas, ilalagay ko sa SPVUL.
    2. For the funds that I will still be saving in the future, ilalagay ko po sa MF.

    Sana po ay nakatulong ito sa inyong pagdedesisyon.

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