In the Sunday Times, there is an article by Lorna Tan. She reported that it is possible to get a large amount of term insurance at an affordable premium. It is even more afforable, under a decreasing term plan. She also quoted a financial adviser.
I agree with the views. They are similar to the views that are advocated in my blog and my website.
FAQ
NTUC Income offers a very attractive rates under its i-Term product. Visit www.income.coop/faq
So that means, we should not buy life plans?
ReplyDeleteInstead, get term decreasing term plans?
What would be your advice if you already have a life plan?
Edwin