Written by Wilfred Ling Thursday, 05 May 2011
The Aviva SAF Group insurance is a very popular policy used by those who has done their national service. To me, it should not be used as part of the core-insurance of one's needs. It should be viewed as similar to company's employment benefits which is not guaranteed renewable. It is low cost for a reason. In life, it is important to ask what is the value of the product for without knowing the value one cannot determine whether is it cheap or expensive. A price that is more than a value is considered expensive while the reverse is cheap. The absolute dollar price is itself meaningless. Do this and you will be half way to financial independence. Below is a scanned copy of the Aviva Group insurance certificate which I saw while reviewing my client's policies. At the back of ......