Singlife Account

wav35_

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Im still using it every now and then to park spare cash temporarily while waiting/hunting for better promo elsewhere.

they seem to have improve the speed of withdrawal back to account. used to be a few mins for me, now its pretty much instant.
 
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sohguanh

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For cheap group insurance singlife partner with mindef is very attractive pay so little kena payout so much. But recently I think fsm partner with another insurer to offer close to this alternative and they don't require one to be nsman so non-ns man can take up
 
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anyone noticed they have changed the credit spend ($500) to earn extra 0.5% to top-up ($800)?

never got any email from them and saw the change when I logged in today...
Just realised this as well. Think I will just close my account...nothing much to shout about these days for this one.
 

sohguanh

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Actually I think singlife is predominantly an insurer so using them to "earn" more interest may not be suitable for some customers. Just keep $100 there in case I really need some value for monies term insurance later on. Don't be too quick to close your account becuz to me $100 is quite affordable to get it locked and they do pay interest for that $100 although cannot see much haha
 

saintgtril

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For cheap group insurance singlife partner with mindef is very attractive pay so little kena payout so much. But recently I think fsm partner with another insurer to offer close to this alternative and they don't require one to be nsman so non-ns man can take up

Hi, please share the details for the FSM partners with another insurer. Thanks!
 

sohguanh

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Just found out fsm insurance has commission rebate just like Endowus trailer fee rebate concept. It is not for all insurance though but good enough for my needs. No need health checkup and get assured for 1 million wow
 

harky

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u all jump to where????? got better interest thn singlife
 

sohguanh

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Looking for a retirement kind of plan there are so many insurers so I start off with Singlife first which is too highly customisable. Anyone bought any of below two plans care to share?

Singlife Flexi Retirement Plan
Singlife Flexi Life Income Plan
 

sohguanh

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It seem Spore local insurers trying to protect the insurance and financial advisor rice bowl. How come now is year 2023 we customer still cannot DIY buy insurance ownself? I go to GE,Manulife,Income,Singlife always give super brief product brochure and then want to see BI button say Talk to us?!?! FSM say contact them to get a quote. Why do we even need to have this kind of process? We enter premium period, policy term etc some input and viola BI generated let us see liao. Why limit this feature to insurance agent and financial advisor leh?

Anyway seems Income is half half. I shall take my monies to them then since they let me generate the BI online myself. I also save on the distribution cost to agent. Understand many kinds of insurance some more complicated need talk to agent but Income for some is you see the BI you want further detail you then tap Talk to us that is a better approach in my opinion.

Sorry for ranting on Singlife thread. I promise not to topic sway next post.
 

reddevil0728

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It seem Spore local insurers trying to protect the insurance and financial advisor rice bowl. How come now is year 2023 we customer still cannot DIY buy insurance ownself? I go to GE,Manulife,Income,Singlife always give super brief product brochure and then want to see BI button say Talk to us?!?! FSM say contact them to get a quote. Why do we even need to have this kind of process? We enter premium period, policy term etc some input and viola BI generated let us see liao. Why limit this feature to insurance agent and financial advisor leh?

Anyway seems Income is half half. I shall take my monies to them then since they let me generate the BI online myself. I also save on the distribution cost to agent. Understand many kinds of insurance some more complicated need talk to agent but Income for some is you see the BI you want further detail you then tap Talk to us that is a better approach in my opinion.

Sorry for ranting on Singlife thread. I promise not to topic sway next post.
You can do DPI have you looked at that?
 

sohguanh

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You can do DPI have you looked at that?
I know DPI but to do that you need the BI aka benefit illustration table isn't it? Without such impt info how you buy direct? I cannot get these important info from those insurer website that is what I mean. It seems there is some tool that are given (dunno paid or free) to those insurance agent or financial advisor. I would like to have access to those tool to help me generate the BI. Then I proceed to direct buy from the insurer I selected myself.

Edit: I am not looking for whole life or term insurance kind. I am looking for endowment insurance kind.
 
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