Help: CAP Educational Plan

**tidus1203** · February 29th, 2008 04:29 PM

Thats why I don't like contributing to the SSS or any kind of government fund. Not to brag but I can make my money grow better than those nimrods.

**Flagg** · February 29th, 2008 04:45 PM

OT na kayo lahat mga bossing.

**uls** · February 29th, 2008 04:57 PM

it's all about MALASAKIT.

ano ba english ng malasakit?

care?

sympathy?

Only YOU care about YOUR money as much as YOU do.

Nobody else.

When u hand over your money to other people to manage, asahan mo hindi sila magkakaroon ng malasakit sa pera mo.

**goldencoil** · February 29th, 2008 10:54 PM

Share ko lng din yung experience ko.

Nabiktima din kasi ako nyan. MInsan nga nalulungkot ako pag naalala ko kasi yung bonus/13th month pay ko eh dun ko pa hinulog sa CAP. Nasabihan na nga ako ng isang friend ko na pabagsak na yung CAP pero tuloy pa din ako.

Ni piso wala akong nakuha. Sana may magandang news na lumabas para kahit papano eh may mabawi ako.

**mark_t** · March 1st, 2008 12:55 AM

Originally Posted by 1D4LV

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.

**Emgeesy** · March 1st, 2008 01:43 AM

meron na ba linaw dito sa cap issue na ito? bakit ang gobyerno natin hindi tulungan ang mga na biktima? ang alam ko eh yung mga opisyales ng cap ay sa kasalukuyan nag tatamasa ng pera ng mga biktima.

bakit hanggang ngayon ay wala pa din solusyon dito? diba sila sobropena ang nagmamayari ng cap? eh bakit hanggang ngayon eh hindi pa din nila binabalik ang pera ng mga nabiktima nila? why dont they just give divedends or stock options ng filestate or mrt bonds para naman maibsan ang paghihirap ng mga kawawang biktima?

its either the government is in cahoots with or theyre just turning blind.

parang awa mo na presidente gloria macapagal arroyo, bigyan mo naman ng pagasa ang bayan natin! patunayan mo at ipakita mo na ikaw ang presidente ng bayan.

**uls** · March 1st, 2008 09:50 AM

Originally Posted by Emgeesy

meron na ba linaw dito sa cap issue na ito? bakit ang gobyerno natin hindi tulungan ang mga na biktima? ang alam ko eh yung mga opisyales ng cap ay sa kasalukuyan nag tatamasa ng pera ng mga biktima.

bakit hanggang ngayon ay wala pa din solusyon dito? diba sila sobropena ang nagmamayari ng cap? eh bakit hanggang ngayon eh hindi pa din nila binabalik ang pera ng mga nabiktima nila? why dont they just give divedends or stock options ng filestate or mrt bonds para naman maibsan ang paghihirap ng mga kawawang biktima?

its either the government is in cahoots with or theyre just turning blind.

parang awa mo na presidente gloria macapagal arroyo, bigyan mo naman ng pagasa ang bayan natin! patunayan mo at ipakita mo na ikaw ang presidente ng bayan.

Coz there's idealism and there's reality.

Idealism makes u believe the govt will always protect the ordinary people, or the victims.

But the reality is --- people in govt will only protect those who can buy protection.

And in case u are a perpetrator of a crime, as long as u have money, u can always pay someone to get law enforcement to stop breathing down your neck... so u can continue playing golf...

**uls** · March 1st, 2008 10:31 AM

Sir Mark T, i really do sound nutty huh? hehe

Oh... talk about insurance... AIG wrote down $11B (credit default swaps) and posted a $5.3B loss on thursday.

well AIG is big so customers dont have to worry right?

Right.

**mark_t** · March 1st, 2008 02:26 PM

Originally Posted by uls

Sir Mark T, i really do sound nutty huh? hehe

That's what they call those who got critical thinking.

Oh... talk about insurance... AIG wrote down $11B (credit default swaps) and posted a $5.3B loss on thursday.

well AIG is big so customers dont have to worry right?

Right.

YES, Maliit lang na loss ito, compared to the twin towers claim which has been fully paid. Trillions of dollars!
Nasa reconstruction stage na nga sila. This severely affected our future policy cover. Now everybody would have to apply for a seperate Terrorism Coverage if they want this included.
AIG will just take the loss divided between themselves. Kahit local insurance
co. kaya ito since there is reinsurance.

Pag nag general mobilization ang Philippine Army baka ubos na $5B within 6 months. Thats is when they will arm 600thou civilians to join the army.
Kaya nga ang hirap tanggapin na binabasura natin ang mga traditions natin para protectahan lang ang interest ng CAP. That co should be liquidated and the proceeds paid to its liabilities.

Until now we do not know what kind of animal this is.

I am sure the policy holders would not mind if they divide the golf fairways between themselves diba?

**Emgeesy** · March 1st, 2008 03:19 PM

cap holders for sure wont mind dividing the posh golf courses that the filestate developed. ang dami nila developments na up to now is raking up millions of pesos. the question is...bakit sila ang nakikinabang sa pera at ayaw nila ibalik yung pera ng mga victims? for sure lahat ng victims would agree na kahit balik pondo nalang kahit without the interest. up to now eh ginagamit pa din nila ang pera ng mga biktima. bakit naman ganyan? di ba nila inisip na hard earned money ng mga magulang iyon. galing sa dugot pawis nila para lang mapagaral ang kanilang mga anak. akala ko ba ang gobyerno natin ay pro education? kaya ba ayaw gumalaw ng gobyarno natin ay dahil sa iniisip nila na mayayaman naman ang mga kumuha ng cap plans? kung ganyan ang pagiisip ng gobyerno, eh di dapat bayaran nila lucio tan ang mga billiones na utang niya sa BIR. bakit hanngan ngayon eh wala pa din sila napaparusahan na malalaking isda sa tax evasion? bakit ang pilit nila kinakasuhan eh yung mga maliliit na isda laman? ganito na ba kalala ang gobyerno natin?