Dear Mr Tan,
I am writing to you to seek your opinion as a veteran in the insurance industry. My wife "KMM" bought an AIA life insurance with a 5-yr Term rider back in 1995 when she was 25. The 5-year Term rider started with a S$176/year premium for S$100,000 coverage. However, after 25 years, I found out that the premium has ballooned to S$630/year for the same 5-year Term.
https://tklcloud.com/Feedback/feedback2.aspx?id=2115
I am writing to you to seek your opinion as a veteran in the insurance industry. My wife "KMM" bought an AIA life insurance with a 5-yr Term rider back in 1995 when she was 25. The 5-year Term rider started with a S$176/year premium for S$100,000 coverage. However, after 25 years, I found out that the premium has ballooned to S$630/year for the same 5-year Term.
https://tklcloud.com/Feedback/feedback2.aspx?id=2115
Banks and insurance have the tallest buildings all over the world. Doesn't it say something?
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