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 All about PRUDENTIAL & insurance updates!, any insurance related issue are welcome

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henrychai94
post Oct 24 2017, 11:52 PM

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Hi,
Just want to check whether is there a policy which allow the policy to pay itself after certain years ?
henrychai94
post Oct 25 2017, 12:14 AM

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Joined: Mar 2016
QUOTE(roystevenung @ Oct 25 2017, 12:06 AM)
Method 1:
The 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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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 years
henrychai94
post Oct 26 2017, 08:43 AM

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QUOTE(Colaboy @ Oct 26 2017, 07:56 AM)
you can walk in to any of the Prudential branch to print out your current coverage
& investment value
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Hi Colaboy,
Would like to ask also that if i downgrade or lower my coverage , will it affect anything except the sum assured ?

 

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