tag:blogger.com,1999:blog-11702093.post7891862604230660666..comments2024-03-28T22:56:40.743+08:00Comments on Tan Kin Lian's Blog: Life insurance - its useful roleTan Kin Lianhttp://www.blogger.com/profile/00617069056914635271noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-11702093.post-35483250612948359402010-12-20T17:21:33.435+08:002010-12-20T17:21:33.435+08:00I believe ID7 was the very good (i.e. very low com...I believe ID7 was the very good (i.e. very low commission) ILP setup during Mr Tan's time. It was only sold in the various Ntuc business centres by salaried agents. Of course no agent wanted to sell it. It was never sold, only bought by savvy consumers who insisted on it.<br /><br />As for the single-premium endowment, you can easily compute the yield using Excel or Open Office. I venture that it would be about 2.5% per annum if the tenor was 20 years or longer, and less than 2%pa if your tenor was 10 years or shorter.Spurhttps://www.blogger.com/profile/11824813457786462446noreply@blogger.comtag:blogger.com,1999:blog-11702093.post-58401482882711958402010-12-20T15:40:58.926+08:002010-12-20T15:40:58.926+08:00Many people connected to insurance
companies must ...Many people connected to insurance<br />companies must be greatly incensed about the slamming comments heaped on them in this blog.<br />We, the insured party are all the same incensed, today received a cheque for a matured one-time premium policy,with an attached payment advice, stating paid premium amount and bonus amount. That's all, no breakdown of returns and the exact accumulated bonuses. Great Eastern refused my request for breakdown outright.<br />What kind of attitude is that.yujuanhttps://www.blogger.com/profile/09726993183726863734noreply@blogger.comtag:blogger.com,1999:blog-11702093.post-67387862601162728972010-12-20T15:39:25.059+08:002010-12-20T15:39:25.059+08:00ID5 was something like that which you did during y...ID5 was something like that which you did during your tenor. Commission was one time flat rate<br />regardless of the monthly RSP.<br />This was good but the greedy agents refused to sell, right?zhummmenghttps://www.blogger.com/profile/11494903461266369989noreply@blogger.com