Put yourself at ease by protecting those you love
18 December 2017
New Year is the best time to start anew and map out your financial plans. While a lot of people have the misconception that financial planning is only for the old and rich, a solid financial plan will help you take control of your finances and set yourself up for success, whether you’re already well-established or just starting to build your wealth.
Here’s your ultimate guide to financial planning for the new year.
Proper financial planning will help you create a balanced strategy and achieve your financial goals. Then again, you have to take financial building blocks into considerations when mapping out your financial strategy.
Some people focus on wealth accumulation too much that they forget about wealth preservation strategies. These two building blocks may be interchanged or stacked onto one another, depending on your individual financial plan. However, it’s recommended to begin preserving your wealth once you start earning a steady income before you focus on accumulating more funds.
The new year offers new opportunities for you to place yourself on the path of financial independence. Time flies, and before you know it, your retirement day has come. So, don’t waste any more time! Follow this guide to start working your way to financial freedom.
Once you create an individualized financial plan, don’t hesitate to ask the experts about what investment vehicles are perfect for you. Go to any of the 800 BPI branches near you, and talk to a Bancassurance Sales Executive to discuss your financial plans.
You can buy a life insurance at any BPI branch nationwide! Talk to a bancassurance sales executive now!
Get the power to protect yourself and your family with an affordable life insurance plan. Life Ready Plus is easy on the budget, but offers coverage of up to 30 times your yearly payment to support the financial needs of your loved ones.
The plan gives you fast access to coverage and benefits and can match your long-term financial goals when maintained within an appropriate term.
Critical Care Max will help you make more memories by providing financial aid during the early stages of a critical illness. This unit-linked life and health insurance plan offers assistance on your recovery. You can build a health fund that grows over time, depending on your chosen investment, to pay for other medical costs.
In addition, it comes with a hospital confinement benefit that will replace lost income due to hospitalization. This daily cash benefit may also come with optional benefits like cash payout for surgery-related expenses, allowance for consultation fees, and many others.
Let your loved ones enjoy the fruits of your labor even when you’re no longer around. Build Estate Plus is a unit-linked protection plan that will cover your estate taxes after your passing so that you can ease your family’s burden.
It doubles as an investment savings fund that builds Account Value as you pay. It is also integrated with AIA Vitality that provides additional upfront coverage of 20% to your policy and add-ons.
Be in good hands in times of sickness. Let Critical Care Plus, a unit-linked health and life insurance plan, take care of you with financial aid in case of a major illness, so you can focus on getting better and spending more time with your loved ones.
It even gives you more benefits for having good health through the AIA Vitality program that adds 20% upfront coverage and supplemental benefits on your policy.