Monday, May 09, 2022

Case study - continue an existing life policy?

 A policyholder bought a participating policy 36 years ago and paid an annual premium of $800. The surrender value is now $57,389.


He is now age 65 yo. Should be continue the participating policy?

Posted by at

6 comments:

Anonymous said...

The safest bet is money in your CPF?

May 09, 2022 9:22 PM
Anonymous said...

Insurance is a manipulation of the elderly.

May 10, 2022 6:25 AM
Anonymous said...

I ordered horfun from this stall. The photo image looked very tempting. I collected it when was ready. One shrimp, one small slice of pork, one green veg stem but lots of slices of fish cakes. When I query about the ingredients, the Ah Soh shouted back, you think your $6.50 so big arh, everything so expensive.

May 10, 2022 10:35 AM
Anonymous said...

Life is a series of pulls back and forth.
Most times it hurts, yet you know it shouldn't, like a pull on rubber bands.
There are times of a wrestling match.
So which side wins?

May 10, 2022 4:31 PM
Anonymous said...


Raising the fine quantum for MP’s disqualification a step in the right direction: Sylvia Lim

Khan got $35K fine for lying in Parliament.
Sylvia Lim wishes Pritam and that guy will get less than below $10K fine for lying under oath and concept so as not to get disqualified! Let's wait and see.

May 10, 2022 9:55 PM
Anonymous said...

No way his policy will give him 4.19% yield for the next 10 years.

More likely it will be half that i.e. around 2% yield. Bonds are getting crushed with secular inflation & the end of 40-years bull market for bonds.

But likely he'll continue & pay $8,000 to the company.

Sinkies deserve to be screwed.

May 11, 2022 3:59 AM

Post a Comment

Subscribe to: Post Comments (Atom)

Blog Archive