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Thread: INSURANCE PLAN
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Old 30-12-2007, 12:33 PM   #29 (permalink)
monkeybusiness
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Default Re: INSURANCE PLAN

Quote:
Originally Posted by rinoakoh
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Oh yes, do u know there is UOB life, under UOB bank?
They have some excellent plans.
Do consider n compare

Also it helps if ur adviser is a broker as they can customise the best out of the many policies, a tied agent's product knowledge can be very bias.

Word of advise, never buy ILP.
I definitely agree with buy term n invest the rest, but only applicable for people who are investment savvy.
actually i did purchased a hospital income plan from them before but after purchasing it for a few months, i realised that it is a useless product for me. In the end, i just called them up to terminate it.

Yes, i understand that it is careless planning on my part and as a result, wasted a few months of premium. (It is a monthly paying premium).
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