Best Term Insurance Plan(Do Not Solicit for Pm)

[gunsol90]

yea, not a very very bad plan. enough rationale to keep it actually, although the coverage is low.

but i hope you're reading it carefully ok. so it's guaranteed 37500 + the non guaranteed portion right?

the surrender value now is 1387.

Total premium paid till end of policy will be 36,231.
Guaranteed will be 37,500
non guaranteed @ 3.25% will be 18,706
Non guaranteed @ 4.75% will be 32,808

i mean at least the guaranteed amount is more than premium paid.

hi, my humble opinion is that you can keep the plan. fyi insurers declares the non guaranteed portions on yearly basis, once declared it is locked and guaranteed already. endowments are lower risk products and typically they are able to project the higher end to policyholders, thats based on the several years statement I have seen from Great Eastern at least.

when you buy endowments/savings, theres no need for consideration on coverage, just get a term to boost it up can already. I do it for my clients who are non investment savvy.

BUT ah, just don't get endowments with flexibility. it really sucks.

 

[Initiatives]

yea, not a very very bad plan. enough rationale to keep it actually, although the coverage is low.

but i hope you're reading it carefully ok. so it's guaranteed 37500 + the non guaranteed portion right?

Yea. Unless my understanding is really bad. HAHA

 

[icyboiz]

Yea. Unless my understanding is really bad. HAHA

yeap looks good actually, you can keep it. just make sure to hold on till maturity and not surrender it early like some people and complain lose money. lol.

hi, my humble opinion is that you can keep the plan. fyi insurers declares the non guaranteed portions on yearly basis, once declared it is locked and guaranteed already. endowments are lower risk products and typically they are able to project the higher end to policyholders, thats based on the several years statement I have seen from Great Eastern at least.

when you buy endowments/savings, theres no need for consideration on coverage, just get a term to boost it up can already. I do it for my clients who are non investment savvy.

BUT ah, just don't get endowments with flexibility. it really sucks.

yeap same from AXA, bonus once declared it's yours.

but i read it in another thread that AIA bonuses can be adjusted even after it's declared (need to be confirm), sounds scary if it's true.

endowments with flexibility is actually ok, just don't withdraw the payout, instead redeposit back to get higher returns. it can potentially get much higher returns.

 

[JK1688]

Bro icyboiz you from axa?

Sent from using GAGT

 

[icyboiz]

Bro icyboiz you from axa?

Sent from using GAGT

yeap, you?

 

[JK1688]

yeap, you?

Can you give me a quote on 500k d/tpd
250k ci
25m/ns (1991) , 40yrs term

Thanks.

Sent from using GAGT

 

[wulaiyaye]

Hi can please quote 30/m/non-smoker term life to 65.

* 1mil Death/TPD
* 250K CI (with and without)
* 100K ESCI (with and without)

Thanks.

 

[Initiatives]

yeap looks good actually, you can keep it. just make sure to hold on till maturity and not surrender it early like some people and complain lose money. lol.

Can also quote me 500k tpd/d. 250k CI. Year 1990. Smoker. Till 65.

 

[icyboiz]

Can you give me a quote on 500k d/tpd
250k ci
25m/ns (1991) , 40yrs term

Thanks.

Sent from using GAGT

967.75/yr for non-smoker
1426.25/yr for smoker

 

[icyboiz]

Hi can please quote 30/m/non-smoker term life to 65.

* 1mil Death/TPD
* 250K CI (with and without)
* 100K ESCI (with and without)

Thanks.

1m death/ti = 897.60/yr
1m tpd = 144.50/yr
250k ci = 574.75/yr


ESCI 100k this is a seperate/standalone plan = 1078/yr

 

[icyboiz]

Can also quote me 500k tpd/d. 250k CI. Year 1990. Smoker. Till 65.

death + terminal illness = 688.50/yr
tpd = 89.25/yr
CI = 605.62/yr

total : 1383.37/yr

 

[CronesWar]

hi, can i request for a quote on
100k death/tpi/ci with early ci term plan?
cover till 70 y.o.

29/M/Non smoker

 

[icyboiz]

hi, can i request for a quote on
100k death/tpi/ci with early ci term plan?
cover till 70 y.o.

29/M/Non smoker

100k death +Ti = 260.95/yr
100k tpd = 17/yr
100k CI = 243.20/yr

separate plan, early CI 100k till age 65 = 1078/yr

alternatively, take a life plan, pay 25 years cover whole life: 33k sum assured with multiplier 3.5x, coverage will be more than 100k. covers death, ti, tpd, early CI + ci, accidental death, short term disability with option to surrender for cash value. 1706.76/yr

 

[gunsol90]

wah AXA have very cheap CI plans, really beat GE hands down.

Death/TPD still can compete much

 

[JK1688]

wah AXA have very cheap CI plans, really beat GE hands down.

Death/TPD still can compete much

Ya axa term seems cheaper including ci coverage.

But no ci think ge cheaper?

Sent from using GAGT

 

[dker333]

My suggestion to all is to get the Aviva MINDEF & MHA group term insurance.

100k death + tpd = $49.20/year
200k death + tpd = $98.40/year
500k death + tpd = $246/year

Can add on CI rider for complete coverage. This is seriously the most value for money term plan out there currently. I struggle to see how other insurers can compete against their aggressive pricing

 

[icyboiz]

My suggestion to all is to get the Aviva MINDEF & MHA group term insurance.

100k death + tpd = $49.20/year
200k death + tpd = $98.40/year
500k death + tpd = $246/year

Can add on CI rider for complete coverage. This is seriously the most value for money term plan out there currently. I struggle to see how other insurers can compete against their aggressive pricing

those are group insurances mah, not everyone can get. and they are very strict on their claims.

 

[gunsol90]

Ya axa term seems cheaper including ci coverage.

But no ci think ge cheaper?

Sent from using GAGT

yes if no CI GE is cheaper.

usually I do a combination for my clients. but people purchase is mainly through referrals and relationships lah. so that few dollars a month not much diff to them.

 

[Nystalia1990]

yes if no CI GE is cheaper.

usually I do a combination for my clients. but people purchase is mainly through referrals and relationships lah. so that few dollars a month not much diff to them.

Is GE premiums guaranteed?

 

[JK1688]

yes if no CI GE is cheaper.

usually I do a combination for my clients. but people purchase is mainly through referrals and relationships lah. so that few dollars a month not much diff to them.

yes i agree with you, insurance is about trust and referrals..

Is GE premiums guaranteed?

Bro, every plan with ci is not guaranteed. But so far i don't think any insurer raise their premium before. If you mean term without ci, yes is guaranteed.

Sent from using GAGT