QUOTE(roystevenung @ Aug 17 2017, 07:23 PM)
You are entitled to 4 free switch a year
I see. So I can still switch. ok, will check it out from my insurance. No need ask agent coz I think he disappeared oledi long time.
QUOTE(Holocene @ Aug 17 2017, 07:23 PM)
It is possible to withdraw a portion of the cash value, please consult your servicing agent for further info.
Best,
Jiansheng
OK. Thanks.
QUOTE(lifebalance @ Aug 17 2017, 07:23 PM)
4% for an insurance product is considered above average considering it's only been 5 years for a high risk profile.
If you decide to take this money out, then might as well opt for a term insurance and invest the rest of the money. But you have to bear in mind that any difference that you earn from your own investment needs to be kept for your insurance in the future as your premium increases.
If you don't have the discipline to do the above then you will have problem in the future in managing your insurance policies.
Basically I buy this insurance for the purpose of insured only. I get IL policy coz its cheaper. What I need is protection like DB, CI, and Medical card etc. Since It's that low, I thinking if can I'm pulling it out to invest other things. Even put in Unit Trust also better as I got more freedom on my investment.
If not mistaken, lets say my IL premium is RM400, even the insurance increase every year, I will still pay RM400. Just my investment portion is reduce. Correct right?
Aug 17 2017, 07:20 PM
Quote
2.5036sec
0.56
7 queries
GZIP Disabled