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 Insurance + investment are bad financial decisions

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leecy
post Sep 2 2009, 08:26 PM

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I would not explaining to you what GE can offer as standalone medical plan. We have H&S plan that is quite all right.
leecy
post Sep 2 2009, 11:42 PM

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Pruhealth is attach to ILP. What amerz finding is standalone medical card not the one attach to ILP. As far I know, the term amerz mention is in most of the standalone medical card plan.
leecy
post Sep 16 2009, 09:21 PM

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pay 10 years plan and get it until age 87 years old. we also have. Great Eastern also has this plan. The plan is saving plan with whole life policy.Pay for 10 years. Get cash return 11 years onwards until age 87 years old. Guarantee income for 11 years onwards until age 87.The plan help you to create the account and save for you. If not mistaken, Zack Styler . The quotation you show is a great eastern plan, great multicash. This is an endowment policy for term of 15 years. S/B is survival benefit. Cash that you will getting every 2 years. Basic SV+SB is basic surrender value and survival benefit.Basic DB is basic death benefit. Rider D/B is rider death benefit.
leecy
post Sep 16 2009, 09:41 PM

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S/B meaning you getting cash on 2nd years onwards . Every 2 years get some sort of cash value/return until it mature


Added on September 16, 2009, 9:42 pmIf you wish to know more, I dun mind meeting up with you and explain this to you. If you are interested with the 10 years plan and get cash until 11 years onwards, I dun mind share it with you

This post has been edited by leecy: Sep 16 2009, 09:42 PM
leecy
post Sep 17 2009, 10:50 AM

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QUOTE(Zack Styler @ Sep 16 2009, 09:55 PM)
Any other plans that offer S/B for a certain years onwards?  smile.gif
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yup, all insurance companies have this kind of plan. GE GJA has S/B after 10 years payment. Get it from year 11 until age 87.
Agree. Please make sure you protect yourself medically, life, disability,critical illness and PA before start getting a saving plan.
Protection is necessary and crucial before start invest/saving to get multiple benefits.

leecy
post Sep 17 2009, 02:32 PM

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QUOTE(Zack Styler @ Sep 17 2009, 11:54 AM)
Yeap, I am now looking for plan almost like HLA Cash Builder, but probably better returns..Still surveying.. tongue.gif
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I see. Plans like HLA cash builder is also available at other companies. It is good to survey before decide. If you want to understand GE one, I dun mind explain
leecy
post Sep 22 2009, 10:26 AM

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QUOTE(Lena314 @ Sep 19 2009, 05:46 PM)
huh... so many people dun really know what plan there bought at the first
and additional i do think you should refer to HLA to get further guideline
cant keep say that plan din earn money after 20yr
i believe each plan got each advantage that we might be not found it
and nowadays economic crisis so bad this may also influence on the investment link that ur mom too~
cant totally blaming HLA only


Added on September 19, 2009, 5:49 pm
yaya... i told u bravely told u that so far only hla can give the interest pay by cash after the 1yr policy..
who else can offer better than this ??
haha..
if wan to know more detail can try PM..
we together share abt it


Added on September 19, 2009, 5:52 pm

is that to slow.. only get return on yr11
cash getting also after 2yr arr...


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saving money in insurance is not so much about the return. i dun think is slow. As return is not the major concern. When you save money is to instill the habit of saving and save money for future usage. It also serves as future cash flow and control your expenses.

 

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