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Alcander Seow
Environmental Engineer Minor in Business at Nanyang Technological University
What are some recommended savings insurance plans or savings investment plans?
Looking for Saving Insurance/ Saivng Investment plan for low capital ($200 ~ $500) to utilise the high interest rate. What are some things to take note of when apply for such a plan. Currently, a 19Y/O student, soon to enlist.
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Pang Zhe Liang
07 Jul 2020
Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)
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You need to know your needs and affordaibility throughout the policy period. This is because early termination may lead to unintended losses.
Additionally, you may wish to consider the financial strength of the participating fund.
More Details:
What is a Participating Fund?
As for recommendation, it is impossible to give you one without understanding your needs and whether such options are suitable for you.
I share quality content on estate planning and financial planning here.