QUOTE(rinoa_mack @ Nov 29 2013, 06:47 PM)
Hmm...maybe i heard wrongly, need to check with the leader. I keep hearing this is higher rate than FD, higher rate than FD nia...
I'm actually HLA agent, newly joined for few days nia. Just wanna make sure this plan is not cheating people if not, i'll just focus on selling life insurance and MLTA...
HLA don't cheat people, all policies sold must be approved by BNM 1st. I'm actually HLA agent, newly joined for few days nia. Just wanna make sure this plan is not cheating people if not, i'll just focus on selling life insurance and MLTA...
HOWEVER, it is HOW agent sell by misinforming or purposely twist the facts or leaving out certain important information, or doing creative selling that confuses the general population.
Logically, how can an insurance company pay higher interest rates than a bank? And the interest rate is paid based on which sum? The premium paid or the sum assured?
The answers to these questions will reveal the truth.