5Cs of choosing a pre-need company

**the_wildthing** · April 29th, 2005 02:46 PM

Aann... questions to answer your questions:

How old are you? How much can you save each month?

Wala bang HMO/Health Insurance ang employer mo?

Your first step is actually to get out of credit card debt or any high-interest loan. Second is to have an emergency fund, you know, pang bail, emergency hospitalization, etc. Usually 1-3 mos worth of your salary sitting around in an ATM.

And then there's protection (life and health), then savings (retirement, yes kahit anong bata mo pa, education, and other medium to long term stuff), then investment (business, stocks, bonds, mutual funds).

That's to simplify matters. Baka maging OT na tayo...

**aann** · April 29th, 2005 02:58 PM

tnx mazda2!

wildthing:

im 23 yrs...duno pa how much i can save each month heheheh...

for health meron nmn sa company ko ngyn...sagot gastos to a certain amt lang, pero malaki nmn..pero sympre habang nag wwork lng ako sa cmpany ako meron nito...

hmmm...for long term investment mrn na ko...yng may hinuhulog akong certain amt monthly then it will mature in 10 yrs, meron din in 20 yrs...

next life cgro kunin ko..pag tingin ko kaya ko na...tnx din sir!

oops OT na nga ako...sorry!

**mazdamazda** · May 4th, 2005 09:32 AM

FYI!!!

Among the companies that are not licensed to sell pre-need plans are Platinum Plans Inc., Celestial Memorial Plans, East Asia Plans, FCM Plans Inc., Garden of Memories Memorial Plans, Gillamac Life & Pension Plans, Pension & Retirement Plans Corp., Samson Memorial Plans, and Special Plans.

Authorized to sell pre-need plans are Ayala Plans, Berkley Plans, City Plans, Classic Plans, Cocoplans, Destiny Financial Plans, Eduplan Phils., Eternal Plans, First Country Plans, First Union Plans, Grayline Plans, Himlayang Pilipino Plans, Ideal Pension Plans Corp., Legacy Consolidated Plans, Lifetime Plans, Loyola Plans Consolidated, Manulife Financial Plans, Mercantile Careplans, Millenium Education & Pension Corp., Paz Memorial Service, Permanent Plans, PET Plans, Philam Plans, Primanila Plans, Primeplan International Corp., Provident International Plans, Prudentialife Plans, Pryce Plans, Sun Life Financial Plans, St. Peter Life Plan, TPG Corp., Transnational Plans, and Trusteeship Plans.