PRU Life U.K. Insurance Agent - Miss J

❗️❗️ TAKE NOTE ❗️❗️
For Elite clients and PAA plus with fund value (Usually 3-4 years). 🥰

Pwede na ang refund/payout sa gcash.

𝗩𝗨𝗟 is a type of life insurance with two primary components:
"Life Insurance Benefit" and "Savings (Investment)".

𝗩𝗨𝗟 = 𝗟𝗜𝗙𝗘 𝗜𝗡𝗦𝗨𝗥𝗔𝗡𝗖𝗘 + 𝗦𝗔𝗩𝗜𝗡𝗚𝗦 (𝗜𝗡𝗩𝗘𝗦𝗧𝗠𝗘𝗡𝗧)

VUL insurance policies are built based on traditional life insurance plans but have a additional separate component that invests cash in the stock market (𝘴𝘪𝘮𝘪𝘭𝘢𝘳 𝘵𝘰 𝘮𝘶𝘵𝘶𝘢𝘭 𝘧𝘶𝘯𝘥).

𝗩𝗨𝗟 𝗣𝗔𝗬𝗠𝗘𝗡𝗧 - 𝗜𝗡𝗦𝗨𝗥𝗔𝗡𝗖𝗘 𝗙𝗘𝗘𝗦/𝗖𝗛𝗔𝗥𝗚𝗘𝗦 = 𝗖𝗔𝗦𝗛 (𝘴𝘢𝘷𝘪𝘯𝘨𝘴)

𝙑𝙐𝙇 insurance plan, particularly its savings component typically have both a maximum cap and minimum floor on the investment return.
𝗠𝗮𝘅𝗶𝗺𝘂𝗺 𝗖𝗮𝗽, meaning, the highest potential interest limit.
𝗠𝗶𝗻𝗶𝗺𝘂𝗺 𝗙𝗹𝗼𝗼𝗿, lowest acceptable interest limit, usually 0%.

A cap limits the interest rate and sets a maximum level of return for the investor.
A floor sets a base level of interest that an investor can expect to earn.

Clients may access their cash savings by taking a withdrawal or borrowing funds. However, if the cash value falls below a specific level, additional payments must be made to prevent the policy from lapsing ( 𝘪𝘯𝘷𝘢𝘭𝘪𝘥/𝘦𝘹𝘱𝘪𝘳𝘦𝘥 ).

𝗪𝗮𝗻𝘁 𝘁𝗼 𝗹𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲? 𝗙𝗲𝗲𝗹 𝗳𝗿𝗲𝗲 𝘁𝗼 𝗰𝗵𝗮𝘁, 𝗮𝘀𝗸 𝗾𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀 𝗮𝗻𝗱 𝗿𝗲𝗾𝘂𝗲𝘀𝘁 𝗮 𝗳𝗿𝗲𝗲 𝗱𝗶𝘀𝗰𝘂𝘀𝘀𝗶𝗼𝗻 𝗮𝗻𝗱 𝗽𝗿𝗼𝗽𝗼𝘀𝗮𝗹 𝗾𝘂𝗼𝘁𝗮𝘁𝗶𝗼𝗻 🙂