Wednesday, June 28, 2006

Customer buys 5 policies after attending educational talk

A customer attended our educational talk on "Financial Tips for the Young". He came with his wife and children.

He decided to buy 4 Ideal plans (regular premium investment-linked plan) for his children. His wife also took up an Ideal plan. They were bought through his insurance adviser.

He is aware that these are investment plans, which are subject to investment risk. He became confident that "risk is an advantage" after attending the talk. Previously, he only had a motor insurance policy with us.

The adviser said that the customer:

- had attended several investment talks previously conducted by other speakers.
- was impressed and convinced by our CEO's explanation on ILPs
- liked the large fund size of %3.8 billions, invested in 900 counters.
- liked the performance of our Combined Fund since its inception

He is now considering to increase his insurance coverage, by level term plus a decreasing term rider.
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2 comments:

David Tan K K said...

Yes Mr Tan gives great financial tips during his talk.

His tips is worth tens of thousands of dollars.

Call 68773366 for registration now.

June 28, 2006 5:15 PM
Felix Ng said...

At age 17, I bought my first life insurance policy with A company. Three years later, I cancelled the plan as I found the premium to be higher than what I can afford to pay. After cancelling it, I bought a traditional life policy with Income.

3 years later, I bought another Income policy after my first policy.

For my second policy, I have been paying preumium on and off. The policy I bought has been giving me extra bonuses throughout the years. Now it is on automatic premium mode from the policy cash value. I have made a comparsion with a competitor's product. If I pay the same amount of premium with a competitor, my policy would have lapsed 2 years back.

Income policies give me better values in terms of cash values,coverage and privileges. At the same time, It is a co-operative that returns surplus back its policyholders.

NTUC Income policy is still my choice the next time I want to buy an insurance policy. Now I have more than 5 policies with Income. All my family members own at least 1 Income policies.

Do ask your financial advisor for an Income policy when you want to purchase an Insurance policy. You will be surprised what figures you are looking at.

June 30, 2006 2:25 PM

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