Sunday, May 24, 2009

What to do about your endowment policy

This article is written in the context of the situation in the UK. Many of the points are valid when applied to Singapore.



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1 comment:

zhummmeng said...

The stupidiest product is endowment which you can mimic easily with a term and regular ILP to get better return like 6%. In fact this is what endowment is, a term plus a very conservative investment..
You can do better without having to pay high commission to agents and the company.
Not only stupid but unethical product is anticipated endowment which many companies have in a disguised name like cashbacks or coupon or dividends. Don't be fooled by the convoluted descriptions of the products.

May 24, 2009 7:16 PM

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