Personal Life Insurance

[xorionn]

any promotions or recommendations?

 

[planktonfull]

Depends on what you are looking for. Whole life or term? For term AXA has 15% perpetual discount

 

[xorionn]

whole life...

 

[mSnooze]

how old are you and what coverage you looking for in WL?

 

[wealth_farmer]

Why are you considering whole life? Why not BTIR (buy term, invest the rest)? It's usually not a good idea to mix insurance (which is mainly for protection) and savings/investments, because the compromise results in less protection you can get in terms of sum assured per dollar of insurance premium, and the returns aren't great either.

 

[akwl88]

whole life...

if u want to get whole life, make sure you get a plan that guaranteed xirr returns of close to 10%

 

[Bigoya]

Have you considered the Pros and Cons of whole life over Term policy? Are you blindly crowd-following into choosing a type of policy say WL? Have you made thorough considerations why you would prefer WL over Term? Have you considered the value of a policy instead of the superficial product features commonly sold by agents? Have you evaluated the opportunity cost for choosing any of those plans?

If you haven't considered Term, i reccomand you to think twice before jumping into WL. Please.

 

[Panerex]

if u want to get whole life, make sure you get a plan that guaranteed xirr returns of close to 10%

is there such a WL plan in the market now?

 

[akwl88]

is there such a WL plan in the market now?

there will be if the insurer channel the money spent on their monthly awards ceremony and ridiculous amt of money spent on their agents to generate better returns

 

[dendii]

1) Hospital - Shieldplan
2) CI - Term Life with CI ideally. But you MUST invest on your own.
3) Accident - Personal Accident Plan

any promotions or recommendations?