Win Over Estate Taxes 5 Reasons Why I Got Sun Life VUL Insurance: 1. 5 Reasons Why I Got Sun Life VUL Insurance:.If I would be paying that much for my car, why couldn’t I pay more for myself? I am more important than my car, so I should be securing more of ME than anything else in the world. Just like other car owners, I am required to have Auto Insurance. I just prefer moments and memories to material things. I mean, I respect those people who do, and that’s what they want. OMG, I told myself it was close to buying the latest laptop or phone every year.Īnd I’m not one who always keeps on buying the newest phone or those latest gadgets out there. I hesitated to get a VUL until I finally bought my first SUV, and the insurance was 28,500 per year.
Then I was baffled why would they need a lot of insurance? Would I be over-insured if I get that much? Surprisingly, many people there have four or more insurances. Likewise, I received so many messages about how they regretted getting VUL insurance and how much they were earning money from it.īut things changed when I traveled to Japan and Singapore. I did not think of getting insurance like Sun Life MaxiLink Prime before starting with my mutual fund investments and stocks investments because I thought VUL would just take much of the money for my annual premiums.īesides, I’m still a single lady with no children yet, so I don’t have many beneficiaries. (Which is a shame considering this is an insurance organization.) The organization stinks of greed.Many people asked me why I got Sun Life VUL, so I decided to write it up here instead because I want to share the five reasons I got Sun Life VUL insurance even though I have Sun Life Mutual Fundsand other stocks investments. Unless you sell your soul and shamelessly run around squawking their squawk, you'll be better off working at a fast food chain- you'll be entitled to better pay and more fair benefits. If you are thinking of joining this firm as an advisor, I'd reconsider. Forcing you to sell more of their insurance to get ahead and make a paycheck again. Watch out though, if someone eventually cancels a policy that was purchased through you, they'll pull back the compensation they paid you, even if it's months later. If you consistently shove their policies down peoples throats, they may compensate you fairly. Teaches sickeningly pushy sales tactics with no emphasis on overall client planning. They'll do anything at their disposal to make a quick buck. This firm is grossly greedy and has shady business tactics across the organization. The negative reputation speaks for itself. Don't take a peek under the hood is all I can say.
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