tag:blogger.com,1999:blog-11702093.post5968007460568337488..comments2024-03-28T22:56:40.743+08:00Comments on Tan Kin Lian's Blog: Advice from a financial plannerTan Kin Lianhttp://www.blogger.com/profile/00617069056914635271noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-11702093.post-24707777105255864752008-04-09T21:42:00.000+08:002008-04-09T21:42:00.000+08:00If you approach an insurance salesman he or she wi...If you approach an insurance salesman he or she will sell you a limited whole life so that you have limited coverage so that you can buy from them another limited coverage limited premium whole life in the next "review" if nothing happens. It goes on until you so drained before you have enough. <BR/>In the mean time the agent laughs all the way to the bank, wins an incentive trip to an exotic land and gets a fat year end bonus. As for you, you don't know even what hits you until something happens. <BR/>It might be too late for a "review"<BR/>of the insurance salesman.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11702093.post-67153121932757332552008-04-09T08:48:00.000+08:002008-04-09T08:48:00.000+08:00The rule of thumb for CI is treatment cost plus 3-...The rule of thumb for CI is treatment cost plus 3-5 years of your annual salary. Do you think Limited premium plan can allow you to meet this need?<BR/>Only term can. <BR/>You don't need for whole life. Most people buy whole life but never keep for whole life. Ironical. isn't it?<BR/>This is what you call ,the head is misplaced in the heart. <BR/>Don't listen to the insurance salesmen, listen to the expert.Anonymousnoreply@blogger.com