Jul 28 2021, 06:56 PM
QUOTE(Pop The Bubbles @ Jul 28 2021, 02:46 PM)
Came across this topic when I was reading some other investment thread. I am with GE since young which started by my parent for about 15 years and I
just continue to pay after I started to work.
not sure if i should switch to other.
Maintain the current policy. Entry premium is lower due to age. just continue to pay after I started to work.
not sure if i should switch to other.
Just buy additional coverage.
I bought a policy for my children many many years ago. Medical coverage limit was 200k then. Life was 50k. Premium today is 1.3k pa. Yearly cash dividend received is about 70% premium. Nett premium payable 300 to 400 per year.
Few years back, they bought additional coverage to compliment old policy.
QUOTE(Ewa Wa @ Jul 28 2021, 03:54 PM)
Definitely will ask u to review the policy instead of switching to others. Old policy has very good bonus payout yearly and could be more than ur premium. If u choose to terminate it then you will loose out the terminal bonus and other bonuses.
Agreed.
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