Madalas napapansin ko kaya mataas nagiging premiums dahil sa unnecessary riders na I don't know kung na explain ba ng maayos. Pero here are my reasons when we will put these riders on your insurance plans:

1. Accidental death benefit - mga nag momotor, nag drive, nag cocommute, or may occupational hazard (foreman, carpenter, seaman, stuntman) or high risk hobbies (sky diving, diving, etc). If wala ka dun pwede po sya tanggalin lalo na if on the budget.

Exclusions: drunk driving, driving without Seatbelt, motor rider without helmet, suicide, involved sa crime (not as victim). (pabasa sa policy)

1. Total disability benefit waiver of premium - best for long term payments (10/15/20 yrs to pay) BUT di sya sulit for term since validity ng term is 5 yrs. Pero kung breadwinner tapos maliit lang naman at kaya ng budget e di GO.

CLAUSES: cannot perform activities of daily living for 6 consecutive months which affects work due to accidents or medical related disability.

1. Critical illness benefit - if rider sya sa VUL sorry it's a NO for me you wanna know why? Because this is payable until age 60-70 (depende sa plan) and it increases every 5 yrs (pa double check sa policy nyo). So dun sa mga nagsasabi na sustainable yung fund value e hetong rider na ito kakain dun at magtataka ka nalang bakit nag lapse sya.

Goods sya sa mga critical illness TERM insurance na sya since ang term payable until age 60 din naman mas mura pa (critical illness or death whichever comes first).

1. Hospital income benefit - as long as na-hospital ka may makukuha ka # of days of admission x kung magkano nakasulat sa policy.

May iba na X2 pag diagnosed sa listed critical illness or pag na admit sa ICU.

PROS: di lahat ng hospital affliated sa mga HMOs especially sa provinces so to add extra layer na din makukuha after admission.

CONS: run the numbers since para syang umaandar na metro. Walang cashback. Mas mahal yung bayad pag di mo nagamit plus aabunuhan mo pa muna yung admission mo bago makuha itong claim.

A MUST ANG HMO. Also may SSS sickness benefit for this atleast dun di mo naman binayaran.

1. Total disability or death of primary owner - madalas inaapply ito kung bata ang insured tapos adult yung policy owner. Same with #2 na appreciate sya in terms of endowment plans. Then again optional naman ito depende sa budget ng magbabayad.

Again naka depende pa din sa budget mo kung kaya i-maintain. Lahat naman ng riders ay OPTIONAL.

Paalala lang ang insurance ay risk based so compute accordingly with your own risk factors.

So ayun lang po doc Ai po pala from 🌞