From Mr T, whom I will be meeting to understand his financial needs and direction soon…

++ QTE ++
Hi akhiat
 
I’m XXX, i read your blog online.
I would like to seek advice from you, currently i’m having a whole life insurance policy under TM asia legacy plus 20yr plan – cover S$100k plus S$100k dread disease rider, annual payment of $2294.

I took up this policy under my friend agent, i read your articles and find out that term policy are more affordable than whole life. for my case this coming jun 2011, my whole life policy under TM asia will make deduction from my giro account. i opt for annual payment thus save abit of money compare to monthly payment.

My issue is that, after reading articles comparing term and whole life policy, i am not sure should i hold on to TM asia policy or sign-up for a term policy ...