Here is the List of IMG Wealth Academy Series

As an IMG Member, you can attend the following seminars for FREE. (Actually you have paid this with your membership Fee). As what we have told you in my previous post IMG Opportunities. In IMG you will be financially literate.

So here are the list of seminars that you can attend.

PRACTICAL MONEY MANAGEMENT STRATEGIES
Things you will learn in this series:
• The X-Curve Concept: The Blueprint of Financial Planning
• The Six (6) Steps to Financial Freedom
• How Money Works
• How to Build a Solid Financial Foundation
• How to Create Millions with P1,000/month investment

CREATING MULTIPLY PASSIVE INCOME STREAMS
Things you will learn in this series:
• The Different Sources of Passive Income
• How to Create Multiple Passive Income Streams
• Investment Vehicles and Strategies
• How to Become Your Own Financial Expert / Adviser
• Simple Do-It-Yourself Financial Check-up

Some of the higher series seminars include:
• How To Get Out of the Debt Trap
• Successful Investment Principles
• The Spiritual Side of Money
• Guide to Estate Planning
• Your Greatest Asset: Proper Health Management

Here’s an outline of the series:

Series 1: Money Management Strategies
Series 2: Finance and Investment 101
Series 3: Creating Multiple Passive Income Streams
Series 4: Upstart School (Compensation, Promotion Guidelines, & System)
Series 5: Train The Trainees – Business Format System
Series 6: General Concepts of Investment and Insurance
Series 7: The Do-It-Yourself Financial Check-up
Series 8: Builder’s Mindset – Achieving Enduring and Lasting Success
Series 9: Building Multiple Outlets Business
Series 10: Distinctions in the Mind of Winners vs Losers
Series 11: Winning BIG in Life
Series 12: The Spiritual Side of Money
Series 13: What It Takes To Be Great
Series 14: The Winning Principles
Series 15: The Holy Use of Money (by Fr. Philip Bersabe)
Series 16: Estate Planning (by Atty. Tina Navarro)
Series 17: Financial Check-up and Review Workshop
Series 18: Health Management
Series 19: Developing Your Best Product = YOU
Series 20: Train The Trainers

In addition to the above mentioned seminars they are some seminars being conducted overseas for IMG achievers.

 

What Are the IMG Opportunities?

As IMG brokers, WE all have three (3) Opportunities:

1) Financial Literacy: we have the opportunity to master financial management & investments, become our own financial adviser, and not rely on others to plan for our financial future.

“Money without financial intelligence is money soon gone.”

– Robert Kiyosaki

2) Bypass the Middleman: while we become more financially literate, we also have the opportunity to gain direct access to the financial industry by becoming our own broker. Whatever financial product we need, we buy from ourselves and get the commissions.

“Bypassing the middleman is one of the greatest secrets of the rich…They just let their money go around, and never go through a middleman.”

and lastly,

3) Entrepreneurship: we also have the opportunity to increase our cash flow by building our own brokerage business in the biggest industry in the world—the Financial Industry. And in the process, we have the opportunity to educate more people and help change people’s lives.

How much is the initial Investment at IMG?

The common question that I do encounter with people whom I am discussing about IMG is the amount of Initial Investment, it is always directed to that question without even asking what the product is involve or even the philosophy involved behind IMG. So I am making this post to respond to that question.

How much do we really need to start with IMG Business?

Well there are 2 parts of the answer and here it is. The first part is to pay the membership fee of IMG were cost differs with reference to the location.

Membership Fee

At present here is the rate in each country:

  •                 US – USD 135 (One time joining fee for US based members)
  •                 CAD – CAD 145 (One time joining fee for CANADA based members)

ASIA

  •                 PH – PHP 3,700 (One-time joining fee for PHILIPPINE local members)   
  •                 HK – HKD 950 (One-time joining fee for HONGKONG based members)
  •                 MCU – MOP 950 (One-time joining fee for MACAU based members)
  •                 SGP – SGD 200 (One-time joining fee for SINGAPORE based members)
  •                 AU – USD 140 (One-time joining fee for AUSTRALIA based members)
  •                 TWN – NT 4000 (One-time joining fee for TAIWAN based members)
  •                 JPN – USD 150 (One-time joining fee for JAPAN based members)
  •                 IN – USD 140 (One-time joining fee for INDONESIA based members)
  •                 THA – USD 140 (One-time joining fee for THAILAND based members)
  •                 KH – USD 125 (One-time joining fee for CAMBODIA based members)
  •                 ML – USD 140 (One-time joining fee for MALAYSIA based members)

MIDDLE EAST

  •                 UAE – DH 500 (One time joining fee for UAE (Dubai, Abu Dhabi) based members)
  •                 BN – USD 125 (One time joining fee for BRUNEI based members)
  •                 QAT – QAR 500 (One time joining fee for QATAR based members)
  •                 ME – DNR 60 (One time joining fee for BAHRAIN based members)
  •                 ME – SAR 500 (One-time joining fee for JEDAH & SAUDI ARABIA based members)          
  •                 ME – USD 125 (One time joining fee for KUWAIT & OMAN based members)
  •                 ME – USD 140 (One time joining fee for ISRAEL based members)

EUROPE

  •                 EU – EURO 120 (One time joining fee for ROME, MILAN & ITALY based members)
  •                 EU – EURO 150 (One time joining fee for FRANCE based members)
  •                 EU – EURO 100 (One time joining fee for SPAIN based members)
  •                 EU – EURO 100 (One-time joining fee GREECE-based members)
  •                 EU – POUND 70 (One-time joining fee for LONDON -based members)
  •                 EU – DKK 900 (One-time joining fee for DENMARK -based members)
  •                 EU – NOK 855 (One-time joining fee for NORWAY -based members)
  •                 EU – SEK 1050 (One-time joining fee for SWEDEN -based members)
  •                 EU – EURO 130 (One-time joining fee for IRELAND -based members)

The above mentioned rate is the payment fee in different location. You may pay membership Fee via online using your credit card or PayPal. For me , I paid 500 riyals since I am based in Saudi Arabia. Those payment above will make you eligible to attend seminars exclusive for IMG members in Philippines and other part of the world.

Here are the list of places were this seminars are normally conducted: Check the list of wealth seminars series through the link.

PHILIPPINES:

  • Makati City, Metro Manila
  • Dasmarinas, Cavite
  • San Pablo City, Laguna
  • Naga City, Camarines Sur
  • Baler, Aurora
  • Tacloban City, Leyte
  • Cagayan De Oro City
  • Iligan City, Lanao del Norte
  • Cebu City
  • Davao City
  • General Santos City

NTERNATIONAL:

  • Singapore
  • Hong Kong
  • United Arab Emirates
  • Qatar
  • Brunei

If your place is not listed above, don’t worry our friendly IMG member will be able to attend to your needs.

So What is the next Part of the Fee?

The next part is actually voluntary if you want to start investing and having health protect. But it is compulsory if you want to earn. IMG believes that you should practice what you preach. You need to have a Kaiser Plan before you could start earning from your own investment or referrals. The lowest amount that you can pay are as follows.

K35 shall mean that the Long Term Health Care Benefits is equivalent to Php 35,000

  • K35 – Monthly Payment for 5 years @ Php 2,289 / month
  • K35 – Quarterly Payment for 5 years @ Php 6,639 / quarter
  • K35 – Semi Annual Payment for 5 years @ Php 12,360 / 6 mos
  • K35 –Annual Payment for 5 years @ Php 22,888 / 6 mos
  • Note : an additional 500 per year policy is also to be paid.

For me, I choose K50 with 50,000 long term health care benefits at SEMI – Annual. If you want to have a quotation, just fill up the form below and I will respond to you as soon as possible.

The Total Amount

The total amount will really depend on the plan that you will get from Kaiser, but remember upon getting Kaiser you are now starting to invest for your long term health care. That is why we call it First level of Investment.

Conclusion

In every business there is start-up capital. And I believe that less than Php 20,000 capital that I invested in this company is really worth the amount. I am getting my protection, and I am getting my investment for my old age.


What are the Real Estate Companies Included in IMG?

As of this writing IMG includes the following real estate company in their portfolio. As what I have mentioned in my previous post, IMG includes real estate companies under their umbrella. Here are introductory information about the companies.

  • SMDC – Check their projects Here -http://www.smdc.com/ – SMDC properties are strategically situated in key areas across Metro Manila specifically the Central Business Districts of Makati, Ortigas, Quezon City, Pasay and Paranaque.
  • Ayala Land – http://www.ayalaland.com.ph/ – As the real-estate arm of Ayala Corporation, one of the largest and most respected business houses in the Philippines, we at Ayala Land are proud of the 175-year old tradition of excellence the Ayala brand has to offer.
  • Vista Residence –http://www.vistaresidences.com.ph/ – Vista Residences entered the Philippine condominium development scene in July 2006 with Mosaic in Greenbelt as its first offering to the public. Since then, it has set new standards for city living and redesigned the country’s landscape with its elegant multi-level, and multi-use developments offering a varied selection from low- to high-rise structures.
  • DMCI Homes – http://www.dmcihomes.com/ – DMCI Homes is the country’s premier triple A builder-developer that brings serviced, themed communities within reach of urban families who once had limited residential options, but still aspire to achieve a comfortable, enriching quality of life proximate to their place of interest.

As an IMG members, you could be able to get the brokers fee for this investment. Whether it is your own investment or your friends’ investment you can earn from it. It is the good things about IMG, it is not only insurance, mutual funds, and non-life insurance. It also includes Real Estate. That’s why it is called a one stop shop marketing company.

Should you want to know more about IMG check my main site and enroll in our newsletter to stay updated about IMG. And the company official Website.

Match-up Commissions, A Way to Go For Friends Far From You

Are you are always using Facebook, twitter and other social media platform and you are a member of IMG (International Marketing Group)? And you want to get new members but your friends is in Saudi Arabia, or even in other part of the world and it is very hard for you to communicate with them.

I can propose a partnership with you through Match-up Commissions, I have a ready e-mail system where I will send your friend automatically (daily) the details and explanation of IMG (you may also enroll to see what your friends will be seeing). If those people that you referred will become a member through the link that I am going to provide you, we will then share the commission using the Match-up Commissions of IMG.

If you are interested let me know by filling up the forms below and I will send you the links that you need to send to your friends.

If you have your own blogs, I can also provide you a form where they can fill up their details where I will automatically introduce them to IMG as well as the Earning Potential of IMG (International Marketing Group).

It actually works like an affiliate system, here you will use your IMG Membership number in the link and I can track if the referrals came from you.

If you are interested in cooperating with me fill up your details below and I will send you the proposal.

How to Earn from IMG? | Learn It’s Earning Principle

First of all joining IMG Philippines (International Marketing Group Philippines) will mean earning knowledge about Financial Literacy, the company teaches people to become financially literate as well as to own their own business. IMG associates, trainers, MD and others are being trained to teach people on how to be financially literate. They are trained to teach and not only to get sales or commission to the people.

IMG Group of Companies

IMG Company Vision

To Build and Provide the Best Business Opportunity in the World

Our Plan is to revolutionize the financial services industry by bringing a fresh, new approach to empower the world on how money works.

Help people who desire to help themselves. Bring life-changing financial concepts and solutions to middle income individuals and families who are overlooked by financial services industry

I could say that if your main aim to join IMG is to earn fast, I think you need to go to other MLM company where they promised that you can earn even you are not working. In IMG (International Marketing Group) you will be trained in order for you to learn and own your own products and investment portfolio.

If you join, then you can practice what you preach since you yourself is part of the system who believes the capability of the company.

You may also earn from your own investment, as an example if you want to buy residential house from SMDC or Crown Asia, as an IMG member the commission which was supposed to be given to the agent will be given to you and you can used to increase your asset in your other investment portfolio.

You will also get commission for every Kaiser or Long Term Health Care product being sold, and if you beat the challenge of the company, your commission increases while you are getting promoted.

When your group is becoming big, chances are you are going to be promoted and be the CEO (Chief Executive Officer) of your own group.

There are incentives that are being given to successful and dynamic leaders of their own respective group. The best thing in this business is that people will not hand you the money but they will just submit the papers to you and payment shall be made directly to the company. It shows that the client will be sure that agents will not use their money in something else just to find out later on that it was not remitted to the company.

In IMG you are helping people to be financially literate through a series of FREE seminars that they could attend as a member. Regular Free seminars are being conducted in the Philippines, so OFW can set some of their time while in Philippines. However trained IMG member is also willing to help you wherever you are since there are lots of IMG member all over the world who would like to share their knowledge and experience in the Financial Literacy journey.

At IMG, you can help make a difference for families by showing them a new path toward achieving their financial goals. No Family Left Behind

As you look at the current industry, it is as outdated as dinosaurs. Their system did not change for almost 100 years. With managers and agents, bosses and employees, they can’t compete with the business-driven, independent entrepreneur.

The new builders are entrepreneurs, not employees. They wake up every day thinking how to grow their business while agents in the old system worry about fulfilling their quotas for their managers.

Builders also always look out for the best products in the marketplace for the clients. They don’t have to be captive to their employer’s company products….BE an ENTREPRENEUR!!!

IMG Compensation Scheme

Here are some point to understand about the compensation scheme of IMG

1. ENTREPRENEUR:  You build your own business. You are not working for an insurance or investment company.

2. NO QUOTA: You work at your own pace, on your own time. It’s flexible.

3. UNLIMITED TERRITORY AND INCOME: You can build as big as you want, in any place, all over the world, even in USA and in Canada.

Build Direct:       You recruit, train and build your team.

Build Indirect:   You can take advantage of Match Up and Referrals You can refer people to other builders or: You can join forces with other builders in different cities

4. OPEN SYSTEM: You are non-captive agent. You have access to major investment and insurance companies to provide the best products and solutions to consumers (e.g., Ayala Land, Crown Asia, SMDC, DMCI, FAMI (Mutual Funds), PAMI (Mutual Funds), PhilEquity (Mutual Funds), Kaiser (Long Term Health Care), Cocolife (insurance), Grepalife (insurance), Standard, MAFRE, etc.)

Right place, Right time, Right solution.

The great Recession profoundly impacted every section of the market. As a result, more and more people want to know:

1.  How to make more money

2.  How to make money work better for them, everyone needs to build and rebuild their career and their financial situation.

The Middle Class is fading. The Business Class is emerging.

I’ve heard once that a typical person encounters about 1 or 2 life changing opportunities in their lifetime. The question for me: Is this my first or is this my last chance?  You’re standing at the largest market demand in the history of the world. People are looking for the solution. We have the answer.

It used to be the manufacturer who controlled the distribution.   Today, however, distribution controls the manufacturer.

Those who control distribution control the market. Take a look at Wal-Mart, Target, Costco and McDonalds’s. They are distributors, and they control the manufacturers and suppliers.

In the financial industry, those who have more licensed agents will control the market and will control their future.

Remember: There are only 2 ways to make big money.

Either you have 1) a lot of money to make money for you, or 2) a lot of people to make money for you.

THE PRINCIPLE OF GIVING

IMG SYSTEM PROMOTES THE PRINCIPLE OF GIVING…

When we join the company, we give up the commission to our first product to the person who introduced us to the company.

When we start as Trainee Associate, we give up one half of our commission to our Trainer. We Learn and Earn as a Trainee Associate and we Match-Up   with the Trainer.

When we refer our friends to other Trainers, we give up ½ of our commission. But ½ is better than nothing.

When we get promoted to Marketing Director, we give up to our Up-line      MD our Strongest Leg. This is our way of saying “Thank You” to our MD.

“When you give, you open yourself up for an outpouring of blessings into your life…”

 



What Is Kaiser Long Term Health Care?

What Is Kaiser Long Term Health Care?

Kaiser Long Term Health is a Medical Insurance that aims to give you a financial support for your health when you get old.

Disclaimer: I am a member of IMG (International Marketing Group), accredited broker of Kaiser, and I earn for every policy that we can close. We consider Long Term Health Care as level 1 of Financial Freedom and Financial Peace.  You are suggested to ask question through this blog so that I can increase the Q&A Part of this post.

General Notes
1.)    Kaiser’s Long Term Plan Health Care program is focused on four key areas:

  1. Healthcare Program
  2. Healthcare Savings
  3. Insurance Benefit
  4. Emergency Fund

2.)    Non Phil health Member should pay the Phil health coverage payment before using Kaiser. So it is necessary to be a Phil health Member.

3.)    Lifetime Network access to over 500 hospitals and over 1,000 doctors as long as you have funds. ( Accredited Partners )

4.)    A total of Php 2,500 is required as Policy Fee but can be paid on a yearly basis of 500 per year.

5.)    Payment can be made on 5 options.

  • Monthly
  • Semi Annually
  • Quarterly
  • Annually
  • Spot Cash

6.)    Kaiser Long Term Health Care is a combination of Health Insurance, Term life, Investment, Low Monthly cost, Cash Value Guaranteed, Death Benefit and More.

Updates : Low Monthly cost shall mean that monthly payment for policy is low compared to others..

Additional Info : Cash Value can only be guaranteed if the plan holder didn’t utilize the plan and returns in the extended period were all 10%, if the return/s within extended period dropped to 7%(minimum) the cash value will also be adjusted.

7.)    Plan will be lapsed for non-payments, 60 days after due date (grace period). With 2 years allowance for policy reinstatement due to plan lapsed.

More on grace period: Let’s say you’re paying monthly and your due is on May 10, your next due date is June 10. If you were not able to pay on June 10 it will lapse after July 10. From May 10 to July 10 that is what we mean by 60 days.

8.) The policy is for individual use only.However a family assistance is possible upon approval.Family assistance is not included in the contract.

9.)    Long Term Health Care is only applicable from 10 Years Old – up to 60 Years Old. Suggested Plans as follows:

  1. Ages 10 – 40 is K45 as minimum
  2. Ages 41 – 50 is K60 as minimum
  3. Ages 51 –  60 is K75 as minimum

Accumulation Period

1.)    This is the time were you are paying your policy. It can also be referred as the paying period. It has a total of 7 years.

2.)    This is also the period were you are covered with a fixed amount of Annual benefit limit. As an example if you choose a K60 plan, it means that you have a 60,000 Annual benefit Limit, if you choose K100, then you could have a 100,000 annual benefit limit.

3.)    If the planholder dies w/in Accumulation Period, his/her principal beneficiary named in the contract shall be substituted as the new member but with no longer insurance benefit.

4.)    Pre Existing Illness- Planholder shall not be covered during accumulation period. However,  all pre-existing illnesses are covered during the extended period, long-term care period and extended benefit balance period which can be charged to the annual health benefits, total health benefits and annual lifetime healthcare benefits respectively. (Pre Existing Illness)

5.)    Members can enjoy the Medical and Dental Benefits with no effect to Your Long Term Health Care Bonus. (Medical and Health Benefits)

6.)    Should there be no claim made during this period, members will avail the Long Term Care Benefits at the end of 20th year.

7.)    Members is covered with Term Life Insurance during this period.

8.)    The room and board benefit is covered only during the Accumulation period. During the Extended period your room and board will be charged to your unused Yearly Health Benefits.

Extended Period

1.)    Extended period starts at the end of the 7th year

2.)    This is when the 10% of your plan is given on a yearly basis as your benefit limit and is rolled over with an interest ranging from 7% (Minimum) to 10% (Maximum). As an example if you have K50, therefore 10% of 50,000 is 5,000. The policy holder will be given a 5,000 Annual Benefit limit which could be claim thru reimbursement.

3.)    Unused yearly health benefits is being accumulated if it is not used.

4.)    If the planholder dies w/in Extended Period, the contract shall be considered terminated and his/her beneficiary named in the contract shall be entitled to the corresponding cash value.

5.)    Members is covered with Term Life Insurance during this period.

Long Term Care Period

1.)    Members will be given a Visa Card that he can use for anyone, anywhere and anything.

2.)    Long Term care period starts at the end of 20th Year

3.)    Long Term Care bonus maybe acquired if there is no claim maid during the accumulation period. The total amount can be withdrawn or added

4.)    Members enjoy his investments during the Accumulation period.

My Take:

1.)    This is really good for OFW specially to those OFW in countries where medical benefits is covered. The payment to be paid will serve as an investment in preparation for the future, especially when we get old.

2.)    OFW will normally not be able to use this in the accumulation period since they are abroad. But what happen when the OFW is now 65 years or retiring age? Then this will help them to cope up with the high cost health care.

FREQUENTLY ASKED QUESTIONS

Q: Is Kaiser a Scam?
A. Kaiser is definitely not a scam and therefore regulated by the government.
Quoting Kaiser Website :
“The Healthcare Industry is a highly regulated industry. Before any company can be licensed it has to fully comply with all the government requirements to make sure it is fully secured and can deliver its benefits to its clients. It is regularly monitored by the regulatory government agencies. Our Kaiser Health plans are designed by a Licensed Actuary not only to ensure compliance with established government regulations but also to make sure that our products are financially sound and stable. Kaiser is one of the top most healthcare company in the Healthcare Industry in terms of capitalization and market share. Kaiser is fully compliant with the regulatory requirements. On top of this, Kaiser’s cornerstone of success resides in the skill and experience of its corporate management, and its business partners. Kaiser draws great strength from a leadership team which thoroughly understands the company industry and operating environment. It possesses close, long-term relationships with its members and partners throughout the country. With Kaiser’s strong financial stability, our clients are highly secured.• Kaiser deals with top notch and highly qualified licensed financial managers. We consider them as partners and work very closely with them. The managers themselves are also governed by government regulations. In addition, we deal with some of the country’s best universal banks.”

Frequently asked question from their website:

Frequently Asked Questions from Kaiser Website

Question No. 1

It’s the first time I’ve heard about Kaiser. What is it?

Answer:
Kaiser International Healthgroup Inc. is accredited by the department of Health as an HMO. It is registered with the Securities and Exchange Commission as a health care provider and broker for other health care companies.

Question No. 2

Who are the persons behind Kaiser?

Answer:
Kaiser’s Board of Directors is seasoned experts in the Medical field services and the health care Industry. Headed by its President and CEO Dr. Ramon B. Abragan, Jr..

Question No. 3

What is the financial viability of Kaiser?

Answer:
Kaiser is registered with SEC and has an authorized capitalization of Php 160M. It has fully complied with all the SEC regulations. It is also approved by Department of Health to operate as an HMO. The Investment and funds are managed by the top leading financial Institutions in the Industry.

Question No. 4

I have just bought a Kaiser 35,000 plan and would want to have a bigger coverage. Can I upgrade or buy another plan?

Answer:
Yes, a plan holder or member may upgrade his plan within 30 days from the member’s effectivity date. The member may buy another plan only upon full payment of his policy which is on the 6th year.

Question No. 5

I have just bought a Kaiser-100,000 plan. Can I now avail of the Annual Physical and Dental Examination?

Answer:
The member can avail of these two outpatient benefits after paying fully paying the first year’s premium. E.g. If his mode of payment is annual, then he can avail immediately after receiving his member’s kit containing his ID, benefit and dental card, provider directory, guide book and your schedule of benefits with the contract provisions.

Question No. 6

I have a Kaiser-55,000 plan which I’d like to transfer to my daughter coz I’m migrating to the U.SA. How do I go about transferring it?

Answer:
The member shall be required to sign an amendment form and the daughter signs a new application for membership form and submit it to his IMG representative/offices or to Kaiser office located respectively at the 3rd and ground floor of King’s Court I Building along 2129 Chino Roces Avenue in Makati City.

Question No. 7

Do I need to use Kaiser’s network of providers?

Answer:
Yes. You must stay within the network at least during the accumulation or Paying Period. However, on the 6th year onwards, you can avail of your medical needs using your own set of providers and then file for reimbursement within your allowable health benefit.

Question No. 8

If a member dies, is his K100, 000 plan transferable to any of his beneficiaries? How much will his beneficiary get?

Answer:
If the plan has approved term insurance coverage, the plan is transferable to the primary beneficiary. Kaiser shall pay the principal amount of the term insurance equivalent to the member’s long-term care benefit Php 100,000. If the cause of death is an accident, another Php 100,000 shall be paid.

Question No. 9
Why should I buy a Kaiser health care plan when my family and I are now covered by my husband’s employer healthcare plan?

Answer:
Your family coverage with the employer’s healthcare plan is given to your husband as part of his employee benefit and continues to be available as your husband is employed with the company. However, by the time your husband resigns or retires from the company, this companies healthcare plan benefit stops!

Q: How sure am I that I can get the benefits during the years as promised?

Answer:
There is no such thing as RISK FREE investment, we take risk in order for us to gain. I cannot promise that the company will still be there after we became old, but one thing is for sure. I am also a member of Kaiser and I believe that the company can fulfill in his promise. And if I will not get this kind of investment, I am sure that I will have problem when I get old. So better take the risk of paying for my long term health care than a sure looser when I get old. It is up to you to decide.

Kaiser is one of my diversified investment.

Q: When and how can I apply for a “rider”?

Answer:
Rider can be purchased only within two (2) years upon the effectively of your plan. KAISER have a separate application form for this and could also be paid in SPOT CASH or within FIVE YEAR PERIOD.

Q: Can my family get a hospitalization discount using my membership?

Answer:
Please note that each plan is solely for the use of the planholder, therefore availment of the benefits cannot be used by your beneficiaries. However, Kaiser have an added service which they call Family Assistance Service where your family member within the 1st degree of consanguinity can use your membership and avail of the rates which is being accorded to us by our hospital providers.

Please note that this service does not form part of the contract. This is an added service only hence, approval &/or denial of the use of this service lies solely on Kaiser’s discretion.

Family Assistance Service
Requirements

1. Policy should be in ACTIVE status and plan should have completed at least one (1) year of payment. Planholder to seek Kaiser Approval for its availment.

2. Nominated patient must be an immediate family member of the Policy holder or within the 1st degree of consanguinity.

3. Policy holder should agree to avail only of the services of Kaiser’s accredited Doctors and affiliated network of hospitals.

4. Assistance to be provided by Kaiser shall only be to the extent of the allowable benefits due to the planholder under his policy.

5. Prior to discharge of the nominated patient, payment should have been settled with Kaiser.

6. If Planholder requested or opted to pay on a “term basis” – Payment Scheme is on a case to case basis and subject to Kaiser approval.

Q. What if I migrated to other country such as Canada? Can I still use my Kaiser?

Answer:
Once the plan matures, you will be given with a VISA Card, where you being given a credit line equivalent to your Long Term Health Care Benefits. Technically you CAN USE IT FOR ANYONE, ANYWHERE AND ANYTHING

Q. Can I take the Value of Long Term Health Care after 30 years? If there will still be funds in my account?

Answer:
YES

Q. If the members died after 30 years upon payment then there ar still funds in the Long term health care, can the beneficiary get the accumulated amount?

Answer:
Yes

Q. Where can we get the ID and the Policy?

Answer:
There are different offices all over the world. Since we are in KSA, whenever there are members that joins through us, we will facilitate the delivery of the policy in KSA. For other countries please contact us.

Useful Website:
Pinoy Investment Guide Blog – http://www.pinoyinvestmentguide.com/
IMG Website – http://img-corp.com/
Kaiser Website – http://www.kaiserhealthgroup.com/

Should You Have Any Question, Please Contact US and we would be happy to respond. You may also use the comment section below. You may also use the form below to ask for quotations Be sure to Confirm your subscription.


Notes : Thanks to Sir Rex Holgado & Fely Santiago for some inputs

Pre-Existing Illnesses Not Covered During Kaiser Accumulation Period

The first 5 years of payment is what we called Accumulation period in Kaiser Long Term Health Care Program. During this period the following sickness is not covered by Kaiser.

For all Pre-existing Illnesses as mentioned below. Planholder shall not be covered during accumulation period. However,  all pre-existing illnesses are covered during the extended period, long-term care period and extended benefit balance period which can be charged to the annual health benefits, total health benefits and annual lifetime healthcare benefits respectively.

Pre-existing Illnesses Not covered during Accumulation Period

  • Acquired Hernias
  • Asthma
  • Arthritis
  • Benign Tumors (ovarian new growth, myoma, cyst, polyps)
  • Bronchial Asthma
  • Buerger’s Disease
  • Cancer (all types)
  • Cardiovascular Disease(Coronary/Valvular/Hypertensive Heart Disease / Cardiomyopathy)
  • Cataracts/Glaucoma
  • Central nervous system lesions (poliomyelitis/Meningitis/ Encephalitis/Neurosurgical conditions)
  • Cerebro-vascular Accident (stroke)
  • Chronic Cholecystitis/Cholelithiasis (gall bladder stones)
  • Chronic Gastrointestinal Tract Disease requiring bowel resection and/or anastomosis
  • Chronic Kidney/Urological disease (Urolithiasis, Obstructive Uropathies, etc.)
  • Chronic Obstructive Pulmonary Disease (Chronic Bronchitis/Emphysema), Restrictive lung disease
  • Collagen diseases (Rheumatoid Arthritis, Systemic Lupus Erythematosus)
  • Diabetes Mellitus and its complications
  • ENT conditions requiring surgery
  • Gastric/duodenal or peptic ulcers
  • Goiter (Hypo/Hyperthyroidism
  • Hemorrhoids and Anal Fistulae
  • Hypertension
  • Liver Parenchyma Disease[Cirrhosis, Hepatitis (except type A), New Growth]
  • Malignancies and Blood Dyscrasias (Cancer, Leukemia, Idiopathic Thrombocytopenic Purpura)
  • Migraine headache
  • Prostate disorders
  • Schistosomiasis
  • Tuberculosis
  • Uterine Myoma, Ovarian cysts, Endometriosis
  • Varicose Veins

(automatic exclusion from waiver benefits)

  • Congenital Disease (all types)
  • Maternity related cases
  • Dermatological care for aesthetic (electrocautery, skin tags, xanthelasma, milia, keloids, scars)
  • Psoriasis / Vitiligo Guillian Barre Syndrome
  • Multiple Sclerosis Demyelinating disease
  • Parkinson’s disease
  • Alzheimer’s Disease
  • Myasthenia Gravis
  • Epilepsy
  • Seizure Disorder
  • Atoimmune Neurological Disease
  • Corrective Eye surgery for myopia / hypermyopia
  • Slip disc
  • Herniated disc
  • Ostesoclerosis
  • Oeteoporosis scoliosis spinal stenosis spondylosis
  • Rehabilitation treatment, physical, speech, occupational and hormonal therapies
  • Infertility or fertility and virility/ potency (erectile dysfunction)
  • Open heart surgeries
  • Angioplasties
  • Valvulaplasties
  • Permanent pacemaker insertion
  • Intra coronary thrombolysis
  • Balloon valvulaplasties
  • Transvenous endocryocardial biopsy
  • Percutaneous intraaortic
  • Balloon pump insertion
  • Balloon atrial septostomy
  • Previous craniotomy sequelae
  • Organ transplantation and complication and other surgeries related to the heart
  • Psychiatric and psychological illnesses including neurotic and psychotic behavior disorders
  • Development disorders
  • Metabolic diseases
  • Sleep and eating disorders
  • Sexually transmitted diseases such as AIDS, Hepatitis B, condyloma, gonorrhea, syphilis, herpes
  • Circumcision, except for correction of Phimosis
  • Diagnosis of unknown etiology or the absence of any organic dysfunction

 

Kaiser Medical and Dental Benefits

Here are Medical and Dental Benefits which will not affect your Kaiser Long Term Care Bonus

Annual Physical Examination Benefits:

  1.   Physical Examination
  2.   Chest X-ray
  3.   Stool Examination
  4.   Routine Urinalysis
  5.   Complete Blood Count
  6.   Electrocardiogram (for Members above 35 years old)

Dental Benefits:

  1.   Consultation and Dental Examinations
  2.   Oral Prophylaxis (mild cases only) – once a year
  3.   Unlimited Simple Tooth Extraction
  4.   Restorative and Prosthodontic Treatment Planning
  5.   Temporary Filling – unlimited (as needed)
  6.   Recementation of Loose Crowns, inlays and onlays
  7.   Dental Nutrition and Dietary Counseling
  8.   Dental Health Education

Build a Long Term Savings

We are now in the 5th step on our Financial Security Series.

Before you can proceed to any Long Term Investment, you need to pay off your debt. Paying your debt is also like investment since you will stop on paying interest. I suggest that if you have credit card debt, first pay your credit card debt before going to investment. Credit card interest is for sure higher than any moderate investment because most credit charge up to 18% to 25% yearly or worst 2.5% compounded monthly. So know the priorities first and know your wants and needs.

What is Compounded Interest?

From Wikipedia: Compound interest arises when interest is added to the principal, so that, from that moment on, the interest that has been added also earns interest. This addition of interest to the principal is called compounding ( in other words Tubo na tinubuan pa – Good for investment – bad for Credit)



What is Rule of 72

Dividing the number 72 by the interest rate of your savings or investments will give the estimated number of years it will take for your money to double.

Example : 72 / 8 = 9 it means that your money will double after 9 years with 8% interest per year.



What is Inflation?

Did you know that money in the Bank slowly “evaporates” under the heat of INFLATION?

Your money shrinks over time, just like how water dries up under the heat of the sun.

Example a Ligo Sardines is costing Php 11.25 on year 2011 but now it cost Php 16.00 , the change of the price of sardines is called inflation.

You may see the inflation record at http://www.nscb.gov.ph/secstat/d_price.asp

Time has always something to do with our investment, the longer the investment the safer the investment. But of course Risk is always there, but based on statistics, investments placed for a longer period always gives good returns and always beats the inflation.

A solid Financial Foundation is needed in order to be financially secured. In future post, we will give you details on some investment vehicles that could beat the inflation.