Wednesday, September 10, 2008

Why is AIG BOUNTY more than an insurance coverage?


AIG BOUNTY

Discover the earning potential of your savings.
Get an early start with AIG Bounty, a savings plan that provides you with guaranteed annual and lump sum cash benefits and life insurance coverage!

AIG BOUNTY provides you the following benefits:

AIG Bounty provides guaranteed cash benefits up to three times your face amount! Receive annual cash benefits for ten years and get a lump sum amount up to twice the face amount.
AIG Bounty provides protection for your loved ones for as much as 300% of your face amount.
Additional earnings in the form of dividends that you can use to increase your protection benefit or boost your guaranteed cash benefits.
Comprehensive accident coverage that provides financial support in the event of accidental death, disability and dismemberment.
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My AIG BOUNTY

WHY I PREFER AIG BOUNTY?

Most of us are too busy making money that often times we forget to take time out to manage our money.

In this life, Its is not how much money you've made that matters, it's how much money you save.

Some people however do some savings. But the question is where do they put their savings. Most of the people put their savings in a bank where it earn interest of course. But what else? Nothing more.

What if something unexpectedly happens to you? If you were the bread winner, who then will take care of your family? Will your savings in the bank be sufficient to take care of them until such time that they are ready to move on?

Here in the Philippines, Are you aware that in case someone passed away, all his property whether real estate or cash deposits will be subjected to 20% estate tax by the government? Yes, Indeed. The government, not only will not do anything to lighten the situation, they will be the first one to part-take from the money that one will pass on to his heir.

In my case, I was looking for an instrument where I can do three (3) things simoultaneously.

1. Avail of an Insurance coverage that can provide my family stability in case something unexpected happens to me;
2. With the same money, start building up my retirement fund;
3. With the same money still, do some savings which will earn a return not lesser than what banks will offer me as deposit interest.

Well, I found it in AIG BOUNTY...

In AIG Bounty, my annual premium will serve as my savings.
Yes, savings. Because after 20 years AIG will return to me all my premiums plus the corresponding dividends. And at the same time AIG will provide me the insurance coverage that I needed for my family.

AIG, under AIG Bounty also promises that in case after 20 years and I am still alive (my children will be grown up then and yours truly will no longer young enough to work), they will give me my insurance coverage in form of Cash Benefits.

Summing up what I will get after 20 years, all my premiums, the dividends thereof and the Insurance coverage, surely I will have enough money for my retirement.

If you agree with me and wish to invest on an instrument that can provide you 3 things with the same money simoultaneously, please do email me at jao_101@yahoo.com and I will be more than willing to help you.