Thursday, November 4, 2010

Insurance Endowment Benefits

I received the statement for the Insurance Policy for my 2 sons. I purchased a Life Insurance for the two boys 4 years ago at the height of the CAP educational plan controversy.

Time flies so fast that after religiously paying for 4 years, we are now entitled to receive an endowment benefits for Php 30,000 per plan. Whew. Thats cold cash indeed! I wanted to get it to buy something...lol.. but hubby prefers to leave it there. This is also the advise of our Sunlife agent to earn dividends and who knows what. Honestly, I still dont get the full picture of this plan. One thing is certain, I have something to pluck when the going gets tough!

I was thinking also to buy Alexa her own. But with financial situation now, too difficult! Life is hard you know! I will rely for her brothers to pay when its time for her to go college. So Francis and Christoph - nothing is for free in life! hahaha.. Alexa's college will be your turn to pay! lol

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1 comments:

Chris said...

this is a good move... :) good investment!