Friday, August 22, 2008

Charges of Investment-linked plans

Hi Mr. Tan,

May I know is it that all regular ILP does not invest 100% of our preimum from the 1st mth? Does single premium ILP invest 100% of our preimum?

REPLY

There must be 100 different ILPs in the market. I am not able to tell you the difference in structures between these plans. You should ask the insurance companies.

Read this FAQ:
http://www.tankinlian.com/faq/ilp.html
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2 comments:

Raymond T said...

Hi Mr Tan, regarding foreign currency fixed deposits, while it is worthwhile to convert the rates using a futures broker before putting into a bank's FD, how do you intend to convert back when the Time deposit tenure is up?

The bank is going to convert back the currency at their bank rates....

August 22, 2008 2:05 PM
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