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Insurance Premium Naik!
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bigduck
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Jul 28 2023, 02:48 PM
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Getting Started

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QUOTE(bill11 @ Jul 28 2023, 11:23 AM) Anyone bother to check the fund performance for investment link ? seems like all the funds performance suck balls, better they just create one fund that buy malaysian local banks, that at least have dividend to rebuy back the fund. mmg suck balls is there a US Equity focused fund?
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bigduck
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Jul 28 2023, 02:48 PM
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Getting Started

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QUOTE(MrBaba @ Jul 28 2023, 12:19 PM) Good luck with GE , they famous for making yr life hard when want claim . is prudential the same?
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bigduck
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Jul 31 2023, 01:30 PM
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Getting Started

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QUOTE(Ramjade @ Jul 30 2023, 01:09 AM) Yes what you said is true but that's for the old plan. Nowadays all new plan does not have that clause anymore. That's the not guaranteed clause. Nowdays insurance only won't cover if you 1. Don't pay on time/fully pay 2. Commit fraud 3. Surrender policy That was one of my main criteria make sure there is guaranteed renewal. I said I don't want your word, I want black and white from company. She pull up the contract and it's stated there policy will be renew unless the above happen (can't remember the whole terms an condition) You bought ILP or term?
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bigduck
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Jul 31 2023, 02:09 PM
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Getting Started

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QUOTE(BrookLes @ Jul 31 2023, 02:00 PM) Only thing good about ge is, you can claim for income tax as well. And they even give you voucher and your surrender value increases each year. Taking into tax account, it's not too bad actually other insurance companies also can claim for income tax no?
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bigduck
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Jul 31 2023, 02:10 PM
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Getting Started

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QUOTE(BrookLes @ Jul 31 2023, 01:57 PM) Why can't you just buy yourself? You do realize you have to pay fees so you? Unless, you can claim income tax. Then investment linked might be worth it if they focus on low risk investment. I don't think he purposely wanna invest in those funds, those are only the available funds when you purchase an ILP
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