Insurance
tokio marine life insurance – launch of enhanced tm legacy plus (lp) – 2
By Patrick Lim  •  October 19, 2011
tokio marine life insurance formally launched their enhanced tm legacy plus (lp) product on october 14, 2011. today being the usual scheduled slot for my monthly life insurance training, i presented an update of mpv (minimum protection value) products to my company's advisors. when i came to the point of touching on the enhanced tm legacy plus (lp) product, one advisor voiced a difference of opinion in terms of the use of the word, enhanced which was pointed out to me. this advisor preferred the use of the word, revised, rather than enhanced. my comments: i do not know why there should be such 'a mini storm in a teacup' raised over the use of the word, enhanced or revised. but this is where advisors may differ in their opinion. and that's why i always try to focus on the facts, rather than the latter. but the fundamental truth is ......
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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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