How can Life Insurance help me achieve my dreams sooner?

 why life insurance can help protect you and your family from the unexpected it can also help you achieve your dreams sooner life insurance is also a valuable tool for investing for your future my wife and I were still supporting our own families in our daughter was born May 6th 1927 out of 100 elementary students will be able to go to college life insurance can help you send your child to his or her dreams University take a look at that we should be zombies miniversity 10 percent increase in tuition fees annually by the time your child is ready to go to college a four year college education cost anywhere between a staggering 1 million pesos to 4 million facts this does not even include payment for miscellaneous Seas boarding lodging food allowance and other expenses but having an education and life insurance plan you can give your child a brighter future saving up for your dream aspects of life is that it can also help you grow your savings faster so you can make your dreams happen sooner how much of your money
grow in different financial instruments after 20 years let's say twenty years ago you invested 50 pesos a day or around eighteen thousand pesos a year today a savings account which currently earns points 25% interest on your money to around 370,000 pesos if you opted to invest in a time deposit currently earning 1.375% interest and roll over regularly it would have grown to over four hundred twenty thousand pesos however these do not factor insulation currently inflation rate in the Philippines is at 3.3 per set this means your money is actually losing its value over time as interest rates are below the inflation rate if you buy a life insurance and investment plan or a unit linked insurance plan which invest your money in selling assets management incorporated or penny finds you can earn much more money funds have previously 8 to 15% annually depending on the market performance and the type of fund invested in the type of fun is usually determined by the client specific risk appetite or how much whiskey is willing to take with high performing for 50 years ago can possibly grow to this much see the difference life insurance makes when you can earn this much getting your dream house dream vacation and need to know how to max your gold when you need it but it for regular expenses​  needing just a couple of months to a year savings account for this kind of gold since you can access your money when you need it but it for regular expenses for emergencies medium term goals are those that take a little longer to achieve say 125 years an example of which is buying a new house a time deposit account would be a good instrument for you to achieve these goals since the investment. A couple of months to a few years however these include sending your kid to his or her dream University which would require a higher return as your money's growth potential in life insurance plan would be a perfect fit for these goals instruments easier for you to achieve your dreams for yourself and your family you're next video you can choose the right life insurance plan for your needs​