Wednesday, May 07, 2008

Annual and special bonus

Dear Mr. Tan

I receieved a letter from NTUC showing changes to my bonus. They explained that the annual bonus has been reduced, but the surrender and maturity value is better. How is this possible?

REPLY
Read this FAQ:
http://www.tankinlian.com/faq/income.html

It explains the difference between annual bonus and special bonus and the impact on the policyholders.

2 comments:

Anonymous said...

Hi, the surrender and maturity value is much lower than the originally projected when you signed the contract. So, down the road towards maturity, these non-guaranteed terminal bonus will be reduced futher for sure....

Anonymous said...

In today's economic environment, which insurer has given higher than projected?

Care to comment?

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