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SIC: FWD 2.02% Guaranteed 3yrs Maturity

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Old 12-08-2017, 11:26 PM   #16
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This one is one lump sum payment and hold for 3 years, right ?
Yes.......
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Old 12-08-2017, 11:29 PM   #17
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Yes.......
Really better than fixed deposit
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Old 13-08-2017, 01:36 AM   #18
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My enets only allow max $2k transaction per day..means I must do 8 times/days for 15k?
Change yr limit to 15k or more. Can be done via ibank
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Old 13-08-2017, 09:25 AM   #19
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Change yr limit to 15k or more. Can be done via ibank
Tks..

Btw guys..if take out before 3 yrs need pay penalty. Meaning u won't get back 100% of your capital.
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Old 13-08-2017, 09:30 AM   #20
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Lol LiKaShing & his son .
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Old 13-08-2017, 09:57 AM   #21
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Really better than fixed deposit
Are there any downsides to this? Still got a small death insurance benefit, seems too good to be true.

Is this covered under the $50K SDIC? They aren't listed as a member.
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Old 13-08-2017, 10:10 AM   #22
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My enets only allow max $2k transaction per day..means I must do 8 times/days for 15k?
You can do that 8 times for 8 days or login to increase your daily enets limit
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Old 13-08-2017, 10:24 AM   #23
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Are there any downsides to this? Still got a small death insurance benefit, seems too good to be true.

Is this covered under the $50K SDIC? They aren't listed as a member.
They r listed. Do a Google search. Saw it yst

Have signed up for this. $15k in
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Old 13-08-2017, 10:34 AM   #24
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Tks..

Btw guys..if take out before 3 yrs need pay penalty. Meaning u won't get back 100% of your capital.
Yes, endowment insurance must locked down unlike FD can give up anytime
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Old 13-08-2017, 10:52 AM   #25
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Are there any downsides to this? Still got a small death insurance benefit, seems too good to be true.

Is this covered under the $50K SDIC? They aren't listed as a member.
Locked for 3 years
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Old 13-08-2017, 02:14 PM   #26
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Tks..

Btw guys..if take out before 3 yrs need pay penalty. Meaning u won't get back 100% of your capital.
Yup. Breakeven point is on the 29th mth so earliest u can surrender without losing money is 29th mth onwards
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Old 13-08-2017, 02:17 PM   #27
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Are there any downsides to this? Still got a small death insurance benefit, seems too good to be true.

Is this covered under the $50K SDIC? They aren't listed as a member.
If not wrong, it shld be under Policy Owners' Protection Scheme. Since SDIC generally are for bank deposits
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Old 13-08-2017, 04:21 PM   #28
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If not wrong, it shld be under Policy Owners' Protection Scheme. Since SDIC generally are for bank deposits
Found them listed there, thanks!
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Old 13-08-2017, 06:12 PM   #29
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Are there any downsides to this? Still got a small death insurance benefit, seems too good to be true.

Is this covered under the $50K SDIC? They aren't listed as a member.
downside is a sudden rise in interest rates within the 3 years you lock up your money with this insurer.
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Old 13-08-2017, 06:20 PM   #30
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downside is a sudden rise in interest rates within the 3 years you lock up your money with this insurer.
Quite true..
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