IFAadvisor
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- Dec 18, 2013
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Hi Victor,Hi all
I am newbie with insurance plan
I dont have any insurance now
Aia agent quote me
1. 32yrs, M
2. 33yrs, F
3. 6yrs, F
4. 3mths, M
All non smokers
With AIA first family protect with sgd 3000 annualy/person till 15 years
Is it good ? Please advise!
Thanks
The recommendation by your AIA agent is an investment linked plan. Try to avoid such plan as they allocate your premiums into investment and the premium allocation can be as low as 15% (meaning your $3,000 premium, only $450 is invested)
Cost of insurance over the years will increase over the years too