DBS changed its Mutiplier plan

tehhalia

tehhalia

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i am undecided between which insurance product i should use only for the purpose of unlock insurance category.

there's the lump sum endowment option 5k which won't "cost" you but i realise it's become 3 years instead of 1 year. lock lump sum for 3 years in exchange for 1 year bonus interest seem to be a bit not worth, but then it's 5k hmm..

and then there's the monthly insurance option but its like sunk cost, can't get back. which one do you guys pick for a low cost monthly insurance for unlocking insurance category? ProtecFirst for critical illness or TermProtect for term life insurance (or there's some other product having even lower monthly cost)? less than 50 years old.
 
reddevil0728

reddevil0728

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tehhalia said:
i am undecided between which insurance product i should use only for the purpose of unlock insurance category.

there's the lump sum endowment option 5k which won't "cost" you but i realise it's become 3 years instead of 1 year. lock lump sum for 3 years in exchange for 1 year bonus interest seem to be a bit not worth, but then it's 5k hmm..

and then there's the monthly insurance option but its like sunk cost, can't get back. which one do you guys pick for a low cost monthly insurance for unlocking insurance category? ProtecFirst for critical illness or TermProtect for term life insurance (or there's some other product having even lower monthly cost)? less than 50 years old.
Click to expand...
Do you prefer opportunity cost or actual cost?

pick your poison
 
D

DevilPlate

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tehhalia said:
i am undecided between which insurance product i should use only for the purpose of unlock insurance category.

there's the lump sum endowment option 5k which won't "cost" you but i realise it's become 3 years instead of 1 year. lock lump sum for 3 years in exchange for 1 year bonus interest seem to be a bit not worth, but then it's 5k hmm..

and then there's the monthly insurance option but its like sunk cost, can't get back. which one do you guys pick for a low cost monthly insurance for unlocking insurance category? ProtecFirst for critical illness or TermProtect for term life insurance (or there's some other product having even lower monthly cost)? less than 50 years old.
Click to expand...
$5/mth vs 3yr 5k

No need to crack yr head lah…. :s13:
 
compro_1975

compro_1975

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how to transfer from DBS to UOB no via FAST method now ar? Interface change in the portal till damm jialat now damm
 
C

chiokcc

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I have 2 members of my family (age 50-58) unable to buy Savvy 22 online .... not sure why, but it could be that they need to do a "profile update" with DBS using SingPass to ensure that they are legitimate Singapore Citizens?

Anyone with knowledge about such incidents?
 
~sabaisabai~

~sabaisabai~

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chiokcc said:
I have 2 members of my family (age 50-58) unable to buy Savvy 22 online .... not sure why, but it could be that they need to do a "profile update" with DBS using SingPass to ensure that they are legitimate Singapore Citizens?

Anyone with knowledge about such incidents?
Click to expand...
perhaps can ask your family member to call dbs to check why not able to buy?
 
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