QUOTE(wil-i-am @ Aug 25 2016, 12:42 PM)
Did the agent present to u d indicative returns as different duration generate different returns?
sorry, side trace abit. I m interested with this as an alternative to asx savings, Sg Reits and FSM UT.
http://www.ocbc.com/personal-banking/insur...rementflex.htmlMaxRetirement Flex is an endowment insurance plan designed to give you a guaranteed, stable income stream over 10 or 15 years, starting from your chosen payout age of 621 or 651 years old. This is NOT a fixed or savings deposit. It is an endowment insurance plan.
Flexibility# to choose your:
Premium paying period
10 years
Until age 57 or 60
Payout period
10 or 15 years
Payout age of 62 or 65
How would MaxRetirement Flex benefit you?
Monthly guaranteed retirement income
Monthly non-guaranteed cash bonuses to supplement your retirement income
Insurance coverage
Pay premium ard SGD9600 p.a for 10 years. then for guaranteed income monthly paid out SGD1K for 10 yrs + non-guanranteed bonus. for me, it s like a force savings plan and a way to keep my SGD too.
good luck.
This post has been edited by prince_mk: Aug 26 2016, 10:30 AM