Advertisement
10 years ago, I bought a Great Eastern MAXGROWTH endowment plan at OCBC. The sales person at OCBC says pay $10k for 5 years and upon maturity at 10th Year, you can get about 2+ % interest for the $50K. Just checked with the Great Eastern Customer Service, my maturity date is 21 Nov 2023 and the pay out is $55218.52. This is about 1% for 10 years, DAMN miserable. My question is Where can I seek Redress for this? I will have to wait till maturity to confirm how much I am getting though. I expect NOT much, just what the sales person promise me a 2+% will do.
12
Discussion (12)
Learn how to style your text
Reply
Save
So is ocbc sale person banker or great eastern agents u brought from?
Reply
Save
I am in the same situation as you guys as well. Shouldn't it be wealth accumulation? Next year maturity as well but current sum is deficit of 4k.......
Reply
Save
My money will mature next year and the current sum assured is a deficit of 5.5K. I am literally in tears. Is there anyway this can be raised ?
Reply
Save
Insurance agent will promise lots of things at point of purchase. I bought one life policy when I gr...
Read 6 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Related Posts
Related Posts
Advertisement
Setup Facebook compile all cases like urs. Make it big and let others not to buy