Personal Finance, Family and Career

Generali Pilipinas’ Dollar Secure 88

Today, at a BDO branch near me, I was informed of a program under Generali Pilipinas that was firstly introduced only to OFWs. It is the Dollar Secure 88. Dollar Secure 88 works as an investment plus life insurance, much like and endowment program.

The minimum payment as I was informed is 1000 USD. It is to be paid annually for 5 years. On the 8th year of the policy, you will begin to receive 8% of the amount assured by the insurance coverage. Aside from this you will receive dividends which aren’t guaranteed.

The good thing about this thing is that is guaranteed. You don’t need to check up on prevailing interest rates(bonds, etc) or stock prices(equities). I like the program and I am interested but I tend to go with riskier investments with more potential for growth.

I have since invested in multiple investments vehicles (equity funds, bond funds) and life insurance policies which I think is actually better for me in the long run. I have a long long time ahead of me and I believe that my approach will be much better.

If you are interested in guaranteed earnings from your investments, then Dollar Secure 88 is a good vehicle to propel you to success. Call you nearest BDO branch :)

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