Educational Plan

**boytsiks** · May 23rd, 2013 03:26 PM

Hi Tsikoteers, may inooffer sa kin ang axa na educational plan/ life insurance. Any feedback sa axa educational plan. Ok pa bang kumuha ng mga educational plan these days? tIA

**_Qwerty_** · May 23rd, 2013 03:37 PM

depende kung anong klase.. ngayon yata di na sila nag o offer nang educational plan na gaya dati na babayaran yung tuition without indicating the amount na babayaran nila.. dyan nalugi ang CAP.. biglang tumaas ang mga tuition fee kailangan nila bayaran.. ngayon yung mga educational plan fixed amount na and para na din syang investment account na lang..

**boytsiks** · May 23rd, 2013 03:54 PM

Fixed amount na lang nga ibibigay syo. Please correct me if Im wrong kung ganun ba talaga, kasi yung makukuha mo para sa tuition fee ay less than ng ininvest mo para sa plan. Plus meron kang makukuhang certain amount depende sa return rate ng investment. Ang computation nila ay may makukuha ka pag ang return rate ay 8%. Not sure kung tama pagkakaintindi ko kasi pinadala lang yung computation sa bahay. Can someone enlighten me on this.

BTW, hope nasa tama ako section ng forum. If not, pakilipat na lang mga mods.

**_Qwerty_** · May 23rd, 2013 03:55 PM

yung total na makukuha mo less than pa sa ni invest mo?? eh parang mali yan.. dapat more than sa ni invest mo.. kaya nga ka nga nag invest..

**CVT** · May 24th, 2013 08:27 AM

Originally Posted by _Qwerty_

yung total na makukuha mo less than pa sa ni invest mo?? eh parang mali yan.. dapat more than sa ni invest mo.. kaya nga ka nga nag invest..

If I were you, bro.,- hawakan mo na lang ang pera. And since, the market is doing good,- invest in mutual funds / stocks.

19.2K;book:

**macsd** · May 24th, 2013 08:42 AM

If your really interested, get from Insular Life. Ayala group very stable. It's prudent to have one for the kids.
Iba na yung meron naitabi. In the evene t na your better off by the time magcollege ang anak mo, pwede na rin
kahit pang baon nya instead of tuition.

**vinj** · May 24th, 2013 09:00 AM

Originally Posted by macsd

If your really interested, get from Insular Life. Ayala group very stable. It's prudent to have one for the kids.
Iba na yung meron naitabi. In the evene t na your better off by the time magcollege ang anak mo, pwede na rin
kahit pang baon nya instead of tuition.

I agree here. If you get a college plan for your kids, don't rely on it solely and continue to set aside your own cash savings. As your financial situation improves then bonus points na rin yan.

**CVT** · May 24th, 2013 09:34 AM

Educational plans nowadays are endowment plans... More like investment plans. Still, I would suggest you manage your money....

Unlike before,- guaranteed college tuition and fees.... See what happened to CAP and most recently, Prudentialife (and other lesser pre-need plans)?

19.2K:book:

**yebo** · May 24th, 2013 10:38 AM

pure BS yang educational plans na yan. ang baba ng returns, puro promise lang tapos pag kailangan mo na di mo pa sure kung meron pa. tapos ano yang 8% na yield na yan, napaka-kuripot naman magbigay ng returns nyan! PSE grew from 6100 points to 7300 points in the last 5 months! thats 19.6%/5 months or a predicted 47% yield/year! tapos 8% lang ibibigay nila sa iyo?

mag-mutual funds ka na lang. taas ng returns ngayon sa mutual funds. try sunlife, bpi or philam. i-monitor mo lang ang market and get out when it turns sour. maganda naman ang prediction for the philippines e so take advantage of the boom. pag pababa na ang market then you can always park your money in bonds or time deposit.

**_Qwerty_** · May 24th, 2013 10:44 AM

better nga to invest in life insurance with dividends.. insured ka na.. then mag earn pa yung money mo.. after ilang years you can withdraw the dividends..