facebookHi Any one brought Vivo child insurance from Income. Mine for 10years and only able to break even soon for the premium paid. Is this still good to keep as want it cash withdrawal for kid education ? - Seedly

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Anonymous

25d ago

Insurance

Hi Any one brought Vivo child insurance from Income. Mine for 10years and only able to break even soon for the premium paid. Is this still good to keep as want it cash withdrawal for kid education ?

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Ang Pei San

6d ago

Personal Wealth Manager at AIA Singapore

Hi, do you mean the vivo life policy? If it's the vivo life policy, generally that's to cover for death, total permanent disability and critical illness (if it was added), if you got it 10 years ago, the premium will be very affordable as well.

To cover your child for the same coverage right now, it will cost alot more. So usually we will not terminate this policy and will continue for the child's sake.

Don't mix coverage with cash withdrawals/ Savings/ Investment. Saving plans are for when you have a specific goal in mind (like children education) and is meant to plan seperately if budget permits. If you need help, look for an agent that is trustable

:)

If you have the means and you need "forced savings", then better to keep

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