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This week, I met up with a young couple. and their latest family member was a boy just delivered some months earlier.
In reviewing their insurance portfolio, the integrated shield plan recommended by their financial adviser was Aviva's myshield with myshield plus rider. However, one of the biggest gaps uncovered was a lack of disability income plans for both husband and wife.
As this family has chosen Aviva's integrated shield combo and full medical underwriting, I was curious as to why they did not consider the other option of moratorium underwriting which is exclusive to Aviva because this option is not available with the other shield providers, namely AIA, great eastern life, NTUC-income and Prudential.
What was the answer?
Because their financial adviser did not inform them of this other option.
huh?
Yes, their answer may or may not be surprising but to me, this may be tentamount to incomplete advise as the moratorium option is an important consideration and doubly significant because it is only available from Aviva.
and why no recommendation of disability income plans?
their financial adviser did not even mention this solution to them.
huh?
yes, one more louder huh? from me. Read more...[caption id="attachment_2390" align="alignright" width="150" caption="Photo by ir0cko"][/caption]
This week, I met up with a young couple. and their latest family member was a boy just delivered some months earlier.
In reviewing their insurance portfolio, the integrated shield plan recommended by their financial adviser was Aviva's myshield with myshield plus rider. However, one of the biggest gaps uncovered was a lack of disability income plans for both husband and wife.
As this family has chosen Aviva's integrated shield combo and full medical underwriting, I was curious as to why they did not consider the other option of moratorium underwriting which is exclusive to Aviva because this option is not available with the other shield providers, namely AIA, great eastern life, NTUC-income and Prudential.
What was the answer?
Because their financial adviser did not inform them of this other option.
huh?
Yes, their answer may or may not be surprising but to me, this may be tentamount to incomplete advise as the moratorium option is an important consideration and doubly significant because it is only available from Aviva.
and why no recommendation of disability income plans?
their financial adviser did not even mention this solution to them.
huh?
yes, one more louder huh? from me. Read more...
[/caption]
This week, I met up with a young couple. and their latest family member was a boy just delivered some months earlier.
In reviewing their insurance portfolio, the integrated shield plan recommended by their financial adviser was Aviva's myshield with myshield plus rider. However, one of the biggest gaps uncovered was a lack of disability income plans for both husband and wife.
As this family has chosen Aviva's integrated shield combo and full medical underwriting, I was curious as to why they did not consider the other option of moratorium underwriting which is exclusive to Aviva because this option is not available with the other shield providers, namely AIA, great eastern life, NTUC-income and Prudential.
What was the answer?
Because their financial adviser did not inform them of this other option.
huh?
Yes, their answer may or may not be surprising but to me, this may be tentamount to incomplete advise as the moratorium option is an important consideration and doubly significant because it is only available from Aviva.
and why no recommendation of disability income plans?
their financial adviser did not even mention this solution to them.
huh?
yes, one more louder huh? from me. Read more...
