Buy a policy for the son

Hi, Mr Tan

I am trying to get a good policy that suitable for my son. Any commendation?

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REPLY:

I suggest that you read my FAQ on "Financial Tips for the Yong" in my website.

My preference is to invest in a large, well diversified, low cost fund, such as the Ideal plan from NTUC Income. If insurance is needed, it is better to buy a decreasing term insurance.