Hi,
Just want to check whether is there a policy which allow the policy to pay itself after certain years ?
All about PRUDENTIAL & insurance updates!, any insurance related issue are welcome
All about PRUDENTIAL & insurance updates!, any insurance related issue are welcome
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Oct 24 2017, 11:52 PM
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#1
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Newbie
27 posts Joined: Mar 2016 |
Hi,
Just want to check whether is there a policy which allow the policy to pay itself after certain years ? |
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Oct 25 2017, 12:14 AM
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#2
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Newbie
27 posts Joined: Mar 2016 |
QUOTE(roystevenung @ Oct 25 2017, 12:06 AM) Method 1: Thanks for the info. Cz last time my parent boight a policy for me. Say it will be able to pay itself after certain year eg. 10 yearsThe only way is to put in lots of saver (money set aside in saver account that do not contribute to buying any insurance) and project the insurance charges increase. It's not 100% full proof, but at least it will help sustain the policy longer. Method 2: Invest/save yourself and have that cash standby to finance the insurance in later years. |
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Oct 26 2017, 08:43 AM
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#3
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Newbie
27 posts Joined: Mar 2016 |
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