Monthly Archives: February 2016

Why Does IMG Recommend Kaiser and Soldivo Products

(Author’s note: I encountered a post in social media which said IMG and Kaiser are owned by the same group of people and that this is the reason why IMG is pushing Kaiser. I quickly wrote a lengthy reply which I polished a little and reproduce below.)

You will note that the Ayala group of companies, the SM group of companies, the Gokongwei group of companies, the Metrobank group of companies and various other groups of companies have many common directors and incorporators in the different companies within the same group. Interlocking directorates are a common facet of the corporate world. It just means multiple companies in the same group are employing synergies to work and cooperate towards attaining interlocking goals.

For the IMG group, the goal is to help Filipino families achieve financial freedom through financial education,  excellent but affordable financial products and powerful business platforms.

Why Does IMG Recommend Kaiser Long Term Health Care?

Most HMO companies today cater to short term healthcare of people who are generally young and healthy. There are very few who cater to senior citizens. Most HMO plans are for employees who are currently working and their dependents. Hence, the moment they resign, or retire, they and their dependents lose their coverage unless the former employee decides to shoulder the substantial costs of premium. In most cases, the resigned or retired employee, and dependent end up with no coverage.

The irony is you get excellent healthcare while you are young and healthy but you do not get healthcare when you are old or sickly or can no longer afford to pay. Most HMOs also have very little life protection coverage for members.

You will note that there are no viable long term healthcare products in the country today, except the Kaiser Ultimate and Kaiser Premium Health Builder products.

The premise of long term health care is very simple and logical.

  • pay for your health care today while you are young, and healthy and productive and can afford to pay, then
  • enjoy healthcare when you are old, or sickly, or can no longer pay.

If later, you need healthcare and you do not have short term healthcare, use your long term health care plan for hospitalization. If the Lord decides to take you home early, the long term health care plan gives your family the proceeds of life insurance. Hence you use your investment to get health and life protection within the maturity period.

And when the plan matures, you have the option to get the balance of your investment plus earnings, or keep it for future healthcare purposes.

In the case of Kaiser Ultimate, you pay for 7 years, to get 20 years of health AND life protection. On maturity, you can opt to get your investments including all profits/interests, or keep your fund growing at 7 to 10% compounded annual growth rate, definitely much more than the current 0.2% growth in savings accounts. You effectively have health care protection until you have “spent” all your health care investments.

If you paid your HMO for short term plans, and pay for 7 years, you will get 7 years of protection, and no more protection after the 7th year. Whatever benefits are unused at the end of each policy year are gone forever. None of the premiums are paid back to you.

One can avail of Kaiser short- and long-term plans whether one is an IMG member or not. IMG considers Kaiser Ultimate as a complete level 1 investment, and very strongly recommends it, especially to its own members.

Kaiser Ultimate Health Builder

Kaiser Ultimate Health Builder is a level 1 product which provides different benefits at different periods

Kaiser Ultimate by itself is difficult to understand.

  • If people compare it to short term healthcare, they will say there are better short term plans.
  • If people compare it to insurance, they will say there are better insurance options.
  • If people compare it to investment, they will say there are better investments.

This is because Kaiser Ultimate is an entry level product designed to give you the most basic and complete initial protection benefits while starting your investment.

  • If you think it does not have enough short term health protection, you can complement it with additional health care of your choice
  • If you think it does not have enough insurance coverage, you can complement it with additional PhilamMOST group yearly renewable term life insurance (available only to IMG members with active Kaiser long term plan)
  • if you think it does not have enough investment value, you can complement it with additional investments in the mutual fund(s) of your choice.

The combination Kaiser Ultimate + Philam MOST + MUtual Funds is unbeatable.

Why Does IMG Recommend the Soldivo Funds?

The Soldivo Bond Fund  (a bond fund) and Soldivo Strategic Growth Fund (an equity mutual fund) were launched only in October 2014, at below P1.00 par value.  As young funds, they have the potential to aggressively and quickly grow.

SSGF is considered a moderate-to-high risk type of fund, investing in shares of the companies listed in the primary and secondary boards of the Philippine Stock Exchange. Recommended for investors with a higher risk appetite who require the growth potential of the equity markets. Its investment objective is capital growth with returns and inflows derived out of investments in equity securities. This is one of the best options for investors who want to access and capitalize on the immense growth opportunities of the Philippine equity market.

The Soldivo funds are managed by respected personalities in local finance, led by Rex Mendoza, former CEO of Philamlife and former adviser to the group CEO of the AIA Group.  Rex Mendoza was also at the helm of Philam Asset Management Inc (PAMI) during the explosive growth years for PAMI mutual funds. We believe the fund management group has the requisite expertise to drive the growth of the funds.

Kaiser International is a major investor in Soldivo funds.  The stronger the Soldivo funds are, the more secure the Kaiser investments are, and thus, the better service Kaiser can provide to its members and planholders.

Soldivo mutual funds are available for retail to IMG members only at this time.

IMG includes Soldivo Bond Fund in its list of recommended bond funds, and Soldivo Strategic Growth Fund in its list of recommended equity mutual funds.  IMG recommends a combination of bond and equity mutual funds as the preferred mode of paper investment.

What Benefits Do IMG Members Get?

IMG members get

  • free lifetime financial education,
  • free lifetime financial checkup,
  • free lifetime training on insurance, mutual funds,real estate and various money topics
    discount/rebates on financial products
  • opportunity to help others, especially family and friends, save and invest,
  • opportunity to earn commission and build a big business

Why don’t you drop by and listen to what we have to say?

Our mission is to help Filipino families achieve financial freedom, NO FAMILY LEFT BEHIND! It starts with learning how money works, then teaching our family and friends how to save, invest and increase cash flow, and then reaching out to extended circles.

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