Insurance
tokio marine life insurance singapore – launch of tm wealth enhancement (enrich)
By Patrick Lim  •  April 8, 2011
today, we have been notified through an email from tokio marine life insurance singapore on the official launch of their latest product, tm wealth enhancement (enrich). what is tm wealth enhancement (enrich)? this is a 5 year term single premium participating endowment plan open to cash and srs only. product specifications: death/tpd benefit - On Death or TPD, 125% of Single Premium (SP) plus any attaching bonus will be payable in one lump sum. With respect to TPD benefit only: a. The TPD benefit is payable in one lump sum up to a maximum of $2 million per life, inclusive of all other insurance taken up with Tokio Marine Life Insurance Singapore Ltd. (TMLS). b. TPD cover is provided up to the policy anniversary preceding the age of 65. accidental death benefit - On Accidental Death, an additional benefit equivalent to the Death / TPD Benefit (excluding bonuses) is payable. ......
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By Patrick Lim
Patrick is an Associate Director with Promiseland. He has more than 20 years of personal investment experience both in stock and shares and unit trusts. In his early years as an investor, he got burnt really bad in the infamous 1987 crash and again during the clob incident. With 2 decades of so-called battle scars behind him, the last few years (since 2003) have been good to him especially with his single country funds doing exceptionally well. On his investing style, he is both a technical analyst and fundamentalist. Patrick view wealth accumulation as part and parcel of the wealth management process but only if one has already executed his/her wealth protection planning on an on-going basis.
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