Windwaver Turbocharged October 11, 2017 Share October 11, 2017 ilp is maciam stock market, u need to time entry esp if its one lump sum. for me the ilp works becos i put in monthly my own eg: after 10 yrs of 100 / mth => i get 15k cash out, with 4k left inside the ilp which stills cover me for 50k death benefits issue is when u buy a fund, its not performing, switch. ur FA will not offer it to you. insituition provide semi annual summary of how much u put in vs actual cash $$ Yeah, but then don't forget you still need to pay $100 monthly. The $100 monthly can get you a very good term coverage and don't expect that ILP to make money; it wouldn't. $4.10 monthly can get you covered $100K for death, use that $95.90 on a high yield deposit or SSB. ↡ Advertisement 1 Link to post Share on other sites More sharing options...
Lala81 Hypersonic October 11, 2017 Share October 11, 2017 every time i go bank, the staff always try to talk me their 3rd party endowment plans or investment plans...really bth Nowadays banks not making as much $ from traditional loans. So do all these other sidelines lor. I wish saf comes out with hospitalisation insurance next time after your boys enlist liao. Quickly ask them buy more SAF term insurance in their 20s before they get diagnosed with other issues. 2 Link to post Share on other sites More sharing options...
BanCoe Hypersonic October 11, 2017 Share October 11, 2017 What so special about this article? I think all insurance companies are like that, not just AIA. Its just the way they projected ... anyhow... and the solutions are screwed up too.... Maybe you are lucky.. you seem to know everything Why was it worthy of the newspaper article, then?? Anyway I'm just sharing only.... since the topic is on Insurance 2 Link to post Share on other sites More sharing options...
Sunny Hypersonic October 11, 2017 Share October 11, 2017 Nowadays banks not making as much $ from traditional loans. So do all these other sidelines lor. next time after your boys enlist liao. Quickly ask them buy more SAF term insurance in their 20s before they get diagnosed with other issues. Insurance companies are trying very hard to get more "funds" even offering plans with coverage upto grandchild/ren 1 Link to post Share on other sites More sharing options...
Mustank Hypersonic October 11, 2017 Share October 11, 2017 Nowadays banks not making as much $ from traditional loans. So do all these other sidelines lor. next time after your boys enlist liao. Quickly ask them buy more SAF term insurance in their 20s before they get diagnosed with other issues. Actually I bought my saf insurance after coming out to work But that time still healthy so ok Good thing is saf insurance allows NSmen to buy Saf insurance is really the best Just like the good old saf black socks 10 years won’t spoil one 3 Link to post Share on other sites More sharing options...
Solar Turbocharged October 11, 2017 Share October 11, 2017 (edited) That's quite an accurate estimate. my wife held the ILP for about the same amount of time and lost that amount as well. but we just treat it as an expensive lesson/insurance for those years. I held mine for about 10 years and when I surrendered, I lost about 12k. Knn.. didn't know about this until i stumbled upon a complaint thread in a forum. Even thought I could make the projected 3.5% back then. Didn't know could end up in a loss Wrong expectation all along. Edit. 15 years ilp lost 12k Edited October 11, 2017 by Solar 2 Link to post Share on other sites More sharing options...
Kusje Supersonic October 11, 2017 Share October 11, 2017 Its just the way they projected ... anyhow... and the solutions are screwed up too.... Maybe you are lucky.. you seem to know everything Why was it worthy of the newspaper article, then?? Anyway I'm just sharing only.... since the topic is on Insurance I don't know everything that's why I am clarifying with you mah. To my knowledge, what AIA did is what every agency is doing/has been doing and will continue to do unless someone stops them. Why there is a news article on it, I also dunno. Link to post Share on other sites More sharing options...
Kusje Supersonic October 11, 2017 Share October 11, 2017 Actually I bought my saf insurance after coming out to work But that time still healthy so ok Good thing is saf insurance allows NSmen to buy Saf insurance is really the best Just like the good old saf black socks 10 years won’t spoil one Frankly, other term insurance also not much worse than SAF insurance lor. Link to post Share on other sites More sharing options...
Lala81 Hypersonic October 11, 2017 Share October 11, 2017 I held mine for about 10 years and when I surrendered, I lost about 12k. Knn.. didn't know about this until i stumbled upon a complaint thread in a forum. Even thought I could make the projected 3.5% back then. Didn't know could end up in a loss Wrong expectation all along. sometimes it's luck. My wife had 2 ILP 1 was only 10k investment single premium, she managed to get back additional 500 dollars after 8 years. This was in an stock-bonds fund. the one i mentioned was ironically in a bond fund which was supposed to be conservative and protect $. But lost about 8k after 8 years after putting in close to 22k. Link to post Share on other sites More sharing options...
Solar Turbocharged October 11, 2017 Share October 11, 2017 " haha, my dad "told off" one staff, He said not interested, but he or she kept badgering him, and said that the returns were "guaranteed". why not uncle, you invest? which my dad replied, if so good why don't you also invest in it yourself? the staff then replied that he/she didn't have enough money. dad then replied, ok why not i make you a deal. I come up with the capital, whatever we earn, we split the earnings equally, but if lose, you bear it 100%, since you said guaranteed, it is very safe for you with no risk. After that, not a single word anymore. The last one I met didn't dare to commit a guarantee in writing.. And she left me alone.. And i got my free ice cream for spending 3 minutes with her Link to post Share on other sites More sharing options...
Lala81 Hypersonic October 11, 2017 Share October 11, 2017 AIA recently a lot of roadshows after hiring all these agents. Safra punggol has one every weekend, when we go there for yamaha. Give my boy those animal balloon, then my wife has to sit down and listen. She kana twice in one week, after going to a mall also with the kids. Kana ambushed haha Link to post Share on other sites More sharing options...
Galantspeedz Turbocharged October 11, 2017 Share October 11, 2017 The last one I met didn't dare to commit a guarantee in writing.. And she left me alone.. And i got my free ice cream for spending 3 minutes with her 1 Link to post Share on other sites More sharing options...
Solar Turbocharged October 11, 2017 Share October 11, 2017 from her, with her or by her?Walao bro.. Nowadays still have that kind of kang tau meh Link to post Share on other sites More sharing options...
Mkl22 Twincharged October 11, 2017 Share October 11, 2017 AIA recently a lot of roadshows after hiring all these agents. Safra punggol has one every weekend, when we go there for yamaha. Give my boy those animal balloon, then my wife has to sit down and listen. She kana twice in one week, after going to a mall also with the kids. Kana ambushed haha yeah... nothing is for free!!! 1 Link to post Share on other sites More sharing options...
Windwaver Turbocharged October 11, 2017 Share October 11, 2017 The last one I met didn't dare to commit a guarantee in writing.. And she left me alone.. And i got my free ice cream for spending 3 minutes with her Link to post Share on other sites More sharing options...
Galantspeedz Turbocharged October 11, 2017 Share October 11, 2017 Walao bro.. Nowadays still have that kind of kang tau meh Link to post Share on other sites More sharing options...
Mustank Hypersonic October 11, 2017 Share October 11, 2017 Frankly, other term insurance also not much worse than SAF insurance lor.Saf is the cheapest I held mine for about 10 years and when I surrendered, I lost about 12k. Knn.. didn't know about this until i stumbled upon a complaint thread in a forum. Even thought I could make the projected 3.5% back then. Didn't know could end up in a loss Wrong expectation all along. Edit. 15 years ilp lost 12k Wah! Your worse than mine Mine is 18 years lost 7k Every year is 2k Premium Now got extra money I put in kiddo cpf Link to post Share on other sites More sharing options...
Solar Turbocharged October 11, 2017 Share October 11, 2017 What kind of "ice cream" you referring to? Can eat kind or for the eyes only Roadshow at kovan where they give fried ice cream.. don't have millions to warrant the other kind la bro ↡ Advertisement Link to post Share on other sites More sharing options...
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