Anonymous

27 Oct 2022

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I heard a lot people bash endowment plans.

Can I seek an opinion on what scenario endowment plans help? From what I know. Does it help people with definite goals e.g. retirement, education etc? Interested to know more about how endowments can help one in retirement planning.

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Just_Saying

02 Nov 2022

If you have problem with money management and cannot find the discipline to save and invest, then endowment is a good solution for you. It is some sort of forced savings, and the fact that you lose some value if you surrender/sell early might deter you to anyone redeem.

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Des Goh

01 Nov 2022

The risk of locking up money for such a long term for the sheer percentage return is way too high. Inflation rate is already at 2-3% on average. But then again, it boils down to individual's risk profile and objectives

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CH

28 Oct 2022

Personally, i have endowments (and annunity) in my planning. yes, it helps those who have specific g...

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Hey expats, has anyone tried to get out of an endowment plan or an investment-linked plan (ILP) without losing a lot of money?

I've heard of people complaining that they've seen a lot of paper losses as markets crashed due to COVID-19. Why are current paper losses bad?

There is rising demand for ‘second-hand’ endowment and life insurance plans in Singapore. What led to this other than more people wanting to be financially prudent/safe?

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