27/01/2026
🧡How Life Insurance becomes a Practice in a Family against Poverty🧡
Charles, 25 secured a 3,000,000 Life Insurance with 500,000 Critical Illness Fund & fund value for 2,500 per month wholelife
He got married age 30 and then promoted at age 32. Then purchased another 3,000,000 Life Insurance with Fund Value.
At Age 65, he may stop paying his Insurance with estimated Millions worth of Fund to sustain itself until age 100.
However, He died from Heart Attack at age 57. His Family received more than 6,000,000 Life Insurance proceeds and possible Millions of Fund Value.
His Son, 25 and Wife 53, Used the proceeds to pay any outstanding loans. His Home Loan will probably paid by his Mortgage Insurance. There will be a big chance na may surplus sa proceeds to add up for their savings.
Because it was a Family Practice, Son was Insured 1,000,000 when he was a Kid and Wife was insured 2,000,000.
They used the fund value to add additional 5,000,000 each with 5,000 per month.
The Son has total of 6,000,000 and got married as well. He added another 5,000,000 Insurance from his own income. In total of 11,000,000. He got Kids and had his own family and passed on the practice of insuring them.
Wife (The Widow) reached aged 85 with 7,000,000 Life Insurance and Millions of Funds from the proceeds and fund value. Her Beneficiary was his Son. She wrote a Will that 20% of her Life Insurance will be used to purchase Life Insurances and educational fund of her Grandchildren and 80% goes to trust for his Son.
Magandang Story no?
Nangyayari yan noon pa 🤗 From Life of a Middle class who entered Affluent Class due to the practice of Wealth Accumulation from Life Insurance 🤗
Blessed Chooseday everyone!