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 Annuity Insurance Product, Tax relief RM 3000

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hongxiaoling
post Nov 19 2012, 05:53 PM

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hi Colaboy, a few things to double confirm with you:
1) so this plan that u showed is need us to pay the 3400/yr for 25yrs? meaning we have contributed 85k, and the cash value is 51k if we choose to cash out, rite?

2) i heard the 3k annuity tax relief is only applicable for premium contributed from yr 2012-2021 (10 yrs) even if we pay for 25yrs. cayou confirm on this?

3) based on your quotation, does it mean we can only get the income for 10 yrs (guaranteed + projected)? after that the plan will cease and we still can back the cash value projected there?

4) what does your insurance cover? death? disablement? 36 disease?

sorry for asking so many questions, this annuity is new to me, and not many people is well versed in it including my insurance agent. thank you.


Added on November 19, 2012, 5:57 pm
QUOTE(Ewa Wa @ Nov 16 2012, 12:42 PM)
Explosive News! 2012 Budget.

Additional RM 3,000 Tax relief for annuity plan. Great Eastern has launched new annuity plan for Malaysia amounted to RM 40 millions only. First come first serve basis.TAX Relief is up to 10 years from 2012-2021!!!!

Guaranteed Retirement Income from 55 years onward. Hurry Up! Limited time offer until finish allocation!!

Leewah
Great Eastern
016 303 8820
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can you show your quotation as well so that can do comparison?

This post has been edited by hongxiaoling: Nov 19 2012, 05:57 PM

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