Whole Life

[endlssorrow]

which company is the best? Or
all company is comparable.

 

[PostCountWarrior[+1]]

mine is tokio marine...

 

[Shion]

TM, AXA, Aviva

 

[icyboiz]

best cash value =TM
best all around protection = AXA

 

[hogrider88]

best cash value =TM
best all around protection = AXA

whats all around protection?

 

[icyboiz]

whats all around protection?

have multiplier up to 3.5 times
protects CI
Protect early CI
protects TPD
protects short term disability
protects death/TI
protects special conditions.
protects accidental death

all in one plan.

 

[soneat]

There's no such thing as best plan or best company. You need to know clearly your objective and seek the best plan that fits your objectives.

There are already many threads and discussions on this. Be wary that AXA par fund performance have been on low side for past 3/5/10 years and certain insurers are keen to chop bonus (even though they are not doing that badly).

 

[Mecisteus]

The best company in the past may not be the best in the future.

I have said many times. Management and employees change all the time. Directions and skills of the fund managers will change over time. These are things which are beyond your control. You are buying a product which you are locked up probably for the next half a decade. So a change is guaranteed to happen.

What you can control is what you can see. In considering a WL policy, buy from a company which is government linked (if possible) and one which provides higher guaranteed amount. Lastly, look at the features and coverage.

 

[soneat]

The best company in the past may not be the best in the future.

I have said many times. Management and employees change all the time. Directions and skills of the fund managers will change over time. These are things which are beyond your control. You are buying a product which you are locked up probably for the next half a decade. So a change is guaranteed to happen.

What you can control is what you can see. In considering a WL policy, buy from a company which is government linked (if possible) and one which provides higher guaranteed amount. Lastly, look at the features and coverage.

Yup the last paragraph makes a lot of sense, especially for par plans (whole life/endowment).

 

[endlssorrow]

is it wise to get those PruLife Multiplier as it give x3 times coverage on death/TPD/terminal illnesses b4 life assured turns 65 years old.

 

[MikeZhang]

is it wise to get those PruLife Multiplier as it give x3 times coverage on death/TPD/terminal illnesses b4 life assured turns 65 years old.

Not a fan of multiplier type of whole life.

 

[icyboiz]

is it wise to get those PruLife Multiplier as it give x3 times coverage on death/TPD/terminal illnesses b4 life assured turns 65 years old.

yea, me too. that's why i have never ever like whole life plan. took up term life instead.

 

[IFA_Advisor]

is it wise to get those PruLife Multiplier as it give x3 times coverage on death/TPD/terminal illnesses b4 life assured turns 65 years old.

Hi,

Currently, the best 2 insurers that provide good limited pay whole life pay will be from Axa and Aviva.

 

[thekang]

You can compare whole life products (commission-free!) on www.comparefirst.sg

Term insurance will be cheaper, since there is no need for coverage once your kids are grown up.

 

[endlssorrow]

Hi,

Currently, the best 2 insurers that provide good limited pay whole life pay will be from Axa and Aviva.

In what ways is good ? The better payout or ?

 

[IFA_Advisor]

In what ways is good ? The better payout or ?

Hi,

They will be in terms of premium, per dollar cover

Their multiplier will cover till age 70 unlike prudential age65 and different multiplier for death and critical illnesses.

Special benefit for conditions like diabetic complications, mastectomy, etc will be more.

Early CI benefit payout is up to $200k.

 

[LCoordinate]

Aiyo.. what's your actual problem ? On the other thread you are asking how much income to earn. Just buy according to yr budget la. Buy from yr friend or just buy online.

In what ways is good ? The better payout or ?

 

[xorionn]

axa, which plan?

 

[Nystalia1990]

axa, which plan?

U can take a look at Life Exential Prime which covers early CI as well.

 

[HWZ1973]

Just dun get Manulife...