u/General-Yoghurt-884

I am in my 30's and am getting serious about building my retirement fund. I have a VUL policy and I am thinking about switching to the BTID strategy to add more to my monthly investment. However, I have concerns about term insurance being annually renewable (at least those I explored). To those who do the BTID, can you share your experience? I specifically have the following concerns:

1. Term insurance is yearly renewable. If for example I get sick this year (eg. Cancer), I can claim the critical illness benefit or other applicable health-related riders. But would I still be able to renew my policy next year? Or is there a possibility I'll get declined?

2. If I will be approved for renewal, will the premium be rated? Meaning more expensive?

3. Until what age is the coverage of your term insurance?

4. What product and from what insurance company did you get your term insurance?

5. Did you see the projected premium payment of your insurance plan for when you are around 60y/o? Sobrang mahal na ba ng premium?

Context: I believe that in VUL, if I get sick/disabled and claim the rider benefits, my insurance will still go on as long as it has fund value. If I eventually die, my sum assured or death benefit will still be given to my dependent. I know the coverage of my plan is until 100y/o and my premium remains the same with what I'm paying today. In

Thank you in advance!

Hi guys. Thinking of franchising a Tender Juicy Hotdog stand (Purefoods). Gusto ko sana malaman ang thoughts nyo about this or if may owner dito of the same business, kamusta ang sales nyo?

Based sa explanation sa amin, wala daw recurring fees na babayaran like renewal. Yung cart at mga gamit hindi rin required sa kanila kunin. Eg. If may ref ka na, ibabawas na yun sa package price na babayaran mo. Same if may ibang pagkukunan ka ng cart. Parang sa pagkakaintindi ko kikita lang sila sa pag supply sayo ng products which is discounted pa if compared sa supermarket price.