Singlife Account

[reddevil0728]

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.

https://www.lia.org.sg/media/3718/dpi_insurers_contactinfo_1-feb-2023.pdf

 

[sohguanh]

https://www.lia.org.sg/media/3718/dpi_insurers_contactinfo_1-feb-2023.pdf

I already have this you still don't get what I mean. I am saying BEFORE I buy direct I need the plan info like BI and I have written to those in that pdf. Now wait for response. This whole process is so unfriendly. I think Spore insurers trying to protect insurance agent financial advisor rice bowl by making it tedious for customers to DIY themselves (DIY as in get the insurance plan BI) NOT to buy which is the second step later.

 

[NewGuy96]

Currently i have an existing singlife account and about to travel to japan soon and plan to use card there. Are the fx rates on singlife good? if not, would revolut or youtrip be better?

 

[Nofear40]

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.

My friend told me that singlife will be launching a 2 year endowment in June. I am waiting for the exact date. But Min $50k

 

[saintgtril]

My friend told me that singlife will be launching a 2 year endowment in June. I am waiting for the exact date. But Min $50k

Hi, thanks for sharing. Any idea the interest is like?

 

[Nofear40]

Hi, thanks for sharing. Any idea the interest is like?

4.1

 

[htc_user]

My friend told me that singlife will be launching a 2 year endowment in June. I am waiting for the exact date. But Min $50k

Min 50K any Max limit? Thanks for the heads up.

 

[Nofear40]

Min 50K any Max limit? Thanks for the heads up.

The exact details is out
20k. I did not ask on the max limit as I do not have that much
Anyway he did not really respond to me after knowing I have limited bullet
Lol

 

[maumu]

Min 50K any Max limit? Thanks for the heads up.

min. $50k
max. $500k

 

[sglandscape]

What's the name of the product? Can't seem to find it on their site

 

[Nofear40]

https://www.myfinancialgo2.com/singlife-aviva-secure-saver/

 

[oceanicmanta]

be careful the link is NOT from SingLife itself

i m rather doubtful of guaranteed 4.1%pa over 2 or 3 yrs, sounds too good to be true

happy to be wrong

 

[sohguanh]

be careful the link is NOT from SingLife itself

i m rather doubtful of guaranteed 4.1%pa over 2 or 3 yrs, sounds too good to be true

happy to be wrong

They claim they are authorized distributor of this product so buy must go through them cannot DIY hmmm

 

[reddevil0728]

They claim they are authorized distributor of this product so buy must go through them cannot DIY hmmm

Can check with Singlife to validate?

 

[Nofear40]

The product is called Secure Saver III
To be launched on Tues.

https://singlife.com/en/form/eb-affinity-sss

 

[sohguanh]

It is legit but only for agents and advisors once midnight 05 Jun 2023 all of them login snatch until system hang. They will prepare the client details in advance first. Hence to make full use of their per submission effort they prefer higher placement. From their point I can understand if I have X clients and some can only give 20k while others give say 100k per submission me as agent will submit the 100k first. So those who want to get it please place higher amount so agent will submit yours first. That is their game now I know why they prefer higher placement instead of the default 20k

Edit: my gut feel is you contact via Singlife direct sure no more sold out liao becuz now giving 4.1% is very high indeed unless Singlife reserved some for their own agents hmmm

Edit2: Singlife should open up to public too and don't give agents advisors to apply haha then more balanced submission will come in but from Singlife point of view higher placement per submission means I faster meet quota and close.

 

[oceanicmanta]

Checked with my sources and the offer seems legit.

Wld know more details next Mon.

 

[sohguanh]

Now I also know why some readers in forum got lobang faster than others they are big customers to their agent. If short term endowment insurance follow SSB ballot style then the whole game will change liao becuz agent midnight go in submit does not guaranteed will get so they will not insist their clients to put higher placement and they may submit one by one based on first come first serve instead of look which client put more placement so submit that first.

 

[gobin74]

hi new to this track ... plz do not mind some basic q

is there any thing on the below that any one may have put up here

Singlife - Single Premium Insurance
2 years tenor
4.1% p.a
Principal return upon maturity
Interest can be paid out yearly

Thanks

 

[Nofear40]

hi new to this track ... plz do not mind some basic q

is there any thing on the below that any one may have put up here

Singlife - Single Premium Insurance
2 years tenor
4.1% p.a
Principal return upon maturity
Interest can be paid out yearly

Thanks

Interest is paid upon maturity