Create the future of your dreams with AIA A+ Signature
Part of adulting is the realization that you need to start planning early so you can create the future of your dreams. This can be as simple as building your own home, traveling the world, or retiring by the age of 40. Whatever those dreams are, it is only through careful preparation that you can achieve those dreams, and a big part of that is having financial resources.
Life can throw curveballs at you—sickness, accident, and death—and the best way to survive these is to be prepared, so that whatever happens, you don’t have to give up those dreams.
Here are four tips to help guide you on your way to creating the future you want.
Envision the future life that you want
How do you plan to live? Do you want to travel every year? Do you want your children to study overseas? Are you planning to retire when you hit 50? However you envision the future, it’s important to have a continuous income stream that will augment either your savings or your present earnings.
AIA A+ Signature provides guaranteed cash payouts, where you can get 10 percent of the face amount starting at the end of your fifth or sixth policy year (depending on the payment term selected) and then every two years thereafter. If you’re an early retiree, having additional money on top of your retirement funds coming in on a regular basis will help you sustain the lifestyle you used to have, plus allow you to do all the other things you’ve always wanted to do but couldn’t afford!
Plan your expenses wisely and set aside savings
Having enough budget to spare for the niceties of life comes at a price. If you want to be able to afford those, you need to have a delayed gratification mindset: make sacrifices now to get what you want later. For most people, this means cutting one’s budget to the bare minimum, and with 20 percent of their earnings going into their savings. This also means wiping out debts, and only taking on ‘good’ debts like mortgage and car loans.
AIA Philippines (formerly AIA Philam Life) now offers AIA A+ Signature, a product that lets you create a worry-free future with guaranteed benefits and cash payouts equal to 10 percent of your plan’s face amount.
With the flexible payment terms of paying for your policy within five, ten or twenty years, you are assured there is an option that allows you to work it into your budget, so you can set aside money to make your future plans happen.
Protect yourself from life’s many risks
Imagine how life would be for your family if you met an untimely passing. If you are the family breadwinner, the wisest course of action is to protect them from untoward life events as soon as you can. Nothing expresses your love more strongly than making sure that no matter what happens to you, your loved ones can continue to fulfil their dreams.
Should you live a long and happy life, life insurance can also be another way to leave behind an inheritance for your loved ones. Either way, you will leave behind a legacy that can take care of your family.
With AIA A+ Signature, your beneficiaries will receive twice the amount of coverage of the plan. This means that if the coverage is for one million, the two million that your loved ones will receive will go a long way towards ensuring that their needs are cared for.
Know when and what to invest in
Time is always on your side in investment. If you start early and invest for the long-term, you are in a better position to weather market volatility.
Do not leave your eggs in one basket. Study the pros and cons and determine your risk appetite in investing. After ensuring you’re protected with life insurance, explore other ways to grow your money through variable unit-linked (VUL) products, bonds, equities, real estate, and other financial instruments.
If you’re on the lookout to get a multipurpose insurance product that has the potential to give you additional gains, you might also want to check out AIA A+ Signature. Aside from the guaranteed cash payouts, you can also have added savings from non-guaranteed dividends.
You need to make smart decisions today so you can create the future that you want for yourself and your family. With AIA A+ Signature, you’re one step closer to enjoying the life that you’ve always wanted, and look forward to a healthier, longer, better life ahead.
Want to know more about AIA A+ Signature? Click here for more information.