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 Choosing Life Insurance, Advice Please!!!

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miloice2009
post Jul 7 2009, 04:18 PM

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Junior Member
7 posts

Joined: May 2009
QUOTE(WaCKy-Angel @ Jul 7 2009, 10:01 AM)
The agent was my college mate i just bought from her since she's the 1st person that approach me after i started working..

Responsible? I dont really know what's an agent responsibility is actually..
I rarely find her and there's nothing else and no contact once i started paying via autodebit, except once that i request to change credit card (that also took some time coz she says busy).
Other than that, just the normal booklet/DVD from Prudential about their company performance, and also the insurance statement..

Coverage?
The normal ones gua...Death and Medical Card + Investment lor...
Erm my fren says GE covers more illness, especially cancers or something like that.
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The maximum percentages of agency commissions payable on a life policy with premium paying terms of 20 years or more shall be as follows:-

Commission to agents 110% of annual premium
Overriding commission to agency leaders 41% of annual premium
Production bonus and persistency bonus to agents 15% of annual premium
Production bonus to agency leaders 5% of annual premium
____
Total 171% of annual premium

You pay her 171% and u expect her to do nothing? She should lick your foot and chew the dust u walked on.

 

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