Uncategorized – Page 4

An Autopsy of Investment-Linked Policy (ILP)

Why are Investment-Linked Policies, a.k.a. ILPs, such a taboo word in the insurance industry? Is it really a time-bomb waiting to explode, as described by some? On the other hand, advocates for this range of products will say otherwise. The purpose of this article is to present all facts objectively to allow consumers to beContinue reading “An Autopsy of Investment-Linked Policy (ILP)”

Is Wholelife Insurance For Me?

I have previously discussed about Term Insurance and made a comparison between a normal Term Insurance vs Aviva SAF Group Term Life Insurance, it’s benefits and suitability. Another big category of Life Insurance products is WholeLife (WL) insurance. WL insurance falls under the umbrella of Participating (Par) products. Where Non-Par products like Term Insurance doesContinue reading “Is Wholelife Insurance For Me?”

CompareFIRST & Direct Purchase – Might Good Intentions Go Wrong?

Come 7th April 2015, MAS will launch an online platform, CompareFIRST, to allow consumers to make comparison and make informed decisions prior to purchasing life insurance products. At the same time, Direct Purchase Insurance will be made available with all insurers to allow consumers who do not need financial advice to purchase life insurance productsContinue reading “CompareFIRST & Direct Purchase – Might Good Intentions Go Wrong?”

How Much Has Singapore Progressed & How Much Have You Gain From It?

Imagine you invested $823 back in Dec 1987 into “something” and you forgotten totally about it. And today, you “suddenly remembered” that its was actually the STI that you put money with. And now it’s has actually grown into $3,412. Not the best, but it could be quite a pleasant amount of gain. Meaning, theContinue reading “How Much Has Singapore Progressed & How Much Have You Gain From It?”

MediShield Life – No Picture No Talk

Sometimes when I walk around, I would still see fellow agents explaining about the Integrated Shield Plans (ISP). And when I talk to my clients, they too often asked about MediShield Life, and how it impacts their existing ISP. So it seems like although the term “MediShield Life” is quite well publicised, but the detailsContinue reading “MediShield Life – No Picture No Talk”