Quote Originally Posted by 1D4LV View Post
huh? anong klaseng policy yang non-guaranteed ang claims?
afaik, ang non-guaranteed is yung non-forfeiture values and yung dividends. pero yung base coverage amount is guaranteed.

Actually you will never read in any part of the contract that the company

Guarantees to pay you on maturity. What you will read is They will indemnify.

(and this will be on a best effort basis)
There are a lot of things the contract is silent about.

Like in times of war and other civil situations, this is what uls is writing about.

And the treasury bonds they are required to buy. Which is worthless right

now, I heard another 1.8 billion dollars was borrowed this year by the

government. Ang mga tao naman hindi nag tataka bakit sa makati ginagawa

ang mga rally e puro insurance co. lang ang nando doon. At bayaran daw rallyist.

Kung mga presidente ng Insurance Co ang ka kwentuhan mo sa ilang tasa

ng cape, palagay nyo ba sasabihin nila sa inyo ang mga ganitong pag

aalinlangan? Of course it sounds nuttier than uls.

Our society has its TRADITIONS one of that is we always pay our debts.

And I am creature of tradition. Tao ako.

By tradition Life Insurance is always paid. I am betting on this.

The management of CAP Is another creature. Its unfortunate.

I hope CAP policy holders get paid soon.

I dont want to see people break tradition and put the law into their hands

and shove it into somebody's throat.

You guys are probably wondering why you are reading this from an Insurance Agent.