I have a friend who knows that I collect the returns of these matured insurance savings plans.
I wish to satisfy my thirst to find out how close or far they are off the projections that their insurance adviser showed them in the past.
You can review all the past insurance endowment returns my friends and readers have provided me in Does your Insurance Saving Plans (Endowment) give you 3 to 5% returns?
I known my friend for some time first as a customer in my old company and then as a colleague when he joined us sometime later.
After servicing his Great Eastern MaxSave Plus for 18 years, it has finally matured and will get back his principal and returns.
My friend put in $102.40 as a forced saving every month for 18 years. The total premiums paid amount to $22,118....