A quick and informative guide written by Mr. Tan for people who are new to insurance.
By: Tan Kin Lian
1. Does a life insurance policy provide good value for a person to plan for the future?
2. Why does the life insurance policy cost so much, i.e. a reduction of 4.5% in yield?
3. How can I get a higher return for my long term savings?
4. Is it risky to invest in an equity fund?
5. I have already invested most of my savings in a several high cost life insurance policies. Is it advisable for me to terminate the policies and invest in a low cost investment fund now?
6. Can you recommend an insurance company that can provide low cost insurance cover and a low cost investment fund?