So it seems that we can only buy from agent if we want coverage for all 37 illnesses as defined by LIA...
you can also buy term from agent for 500k coverage and 37 illnesses for ci
So it seems that we can only buy from agent if we want coverage for all 37 illnesses as defined by LIA...
Yeah someone posted this awhile back. Nothing new leh.
There's always segments of gullible people in every community which needs protection. Just like we need protection by police from criminals (because we're weak and can't defend ourselves from those monsters with weapons), these gullible people are also weak and needs protection from the insurance monsters. I'd say it's high time the government steps on on new laws to punish and jail these monsters
Insurance Myth 1: Insurance should also be an investment
http://blog.moneysmart.sg/insurance/3-big-myths-some-singaporeans-still-believe-about-insurance/
ManuLife - Premier Saver 55
TM - TM Nest Egg (GIO Cashback)
Below is illustration for no cashbacks withdrawal
are these plans good?
i glance through and doesnt find them appealing.
just my opinion though
Just surrendered my 6 years endownment plan to Repholding. Getting 5% more than surrendering it to Prudential. Heart pain about the many losses suffered through IPL and endownment but lucky I have time on my side though I am 36 already. Gonna invest the saving into STI ETF or IWDA.
Ahhh.glad to know that brother.
Now spend $8 to buy shiny things book!