28/01/2025
Money Hack?
I advised my client to get an MRI (mortgage redemption insurance)
Isa ‘to sa mga ginawa ko for my client to have peace of mind WHILE paying for their 30-year condo payment
May 4.2M pesos siyang kailangan bayaran for the next 30 years, kaya ang binigay kong insurance to her is 4.2M pesos as well.
🚫 Paano kung walang MRI ang client ko and God suddenly calls her? What will happen?
— Her family will need to pay the remaining years of contract. Ang problema dito, paano kung walang means ang maiiwan niya? Sayang ang years of payments. Sayang ang property.
✅ Bakit magandang may MRI kung may binabayaran kang properties?
— Simple lang. MRI ang sasalo sa natitirang payments sa loan o sa bangko.
Generally, nire-require na rin ang insurance kapag kumukuha tayo ng mga hulugang properties.
Point is— WE all need life insurance. And while we keep on ignoring the need of it, the cost is getting ❗️HIGHER❗️