Alan Kor - Seedly
Alan Kor

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Alan Kor

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Alan Kor

62Upvotes
  • Answers (94)
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Insurance

Investments

Savings

Alan Kor
Alan Kor
Level 5. Genius
Updated 14h ago
There is no answer for you. Agents are not legally obligated to service you. Their role is just to sell insurance products. Whether they answer your questions or provide customer service is totally up to them, beyond your control. Best to take charge of your insurance plans and learn how to DIY your claims.

Insurance

Endowment Policies

Alan Kor
Alan Kor
Level 5. Genius
Updated 4d ago
This is because one does not mix insurance with investment. These plans are expensive and generate mediocre returns even after a long run due to their multiple variance of fees, one being commissions to the agent for DOING NOTHING. In short, learn from this lesson and do not mix insurance with investment. Ever.

Investment Linked Policies (ILP)

Savings

Alan Kor
Alan Kor
Level 5. Genius
Answered 2w ago
What is so good about this ilp?

Insurance

Alan Kor
Alan Kor
Level 5. Genius
Answered 2w ago
So you brought a whole life plan for investment? have you calculated your irr? seeing the agents' answers below are very entertaining lol

Endowment Policies

Savings

Alan Kor
Alan Kor
Level 5. Genius
Answered 2w ago
Fact of life, one does not mix insurance with investment, due to the high cost of premiums for low insurance coverage and mediocre/negative returns.

Insurance

Savings

Investments

General

Alan Kor
Alan Kor
Level 5. Genius
Updated 2w ago
Your other half knows how pruwealth works? Does she knows how to calculate the returns from the Benefits Illustration? If she doesn't know, why would she get something she does not understand? The rule is never to mix insurance with investment. Your options is either to 1) cut loss early or 2) sunk in the $300 monthly for mediocre/negative returns in a long long time. You will also lose out the $300 opportunity costs monthly to invest in the stock market if you continue to hold the plan. DYODD.

Insurance

Family

Bank Account

Alan Kor
Alan Kor
Level 5. Genius
Answered 3w ago
1) never mix insurance with investment 2) get a hosp plan 1st if u dont have 3) if u have dependents, get a term life covering death, tpd and ci. coverage amt depends on your estimates 4) eci good to have but very exp, get ci better 5) http://singaporeanstocksinvestor.blogspot.com/2014/08/how-much-term-life-insurance-should.html 6) http://singaporeanstocksinvestor.blogspot.com/2017/08/is-early-critical-illness-insurance.html

Retirement

Insurance

Savings

Lifestyle

Family

Alan Kor
Alan Kor
Level 5. Genius
Answered 3w ago
http://content.time.com/time/world/article/0,8599,1841857,00.html AIG Bailout Spooks Customers Around the World

Insurance

Hospitalisation Insurance (H&S)

Alan Kor
Alan Kor
Level 5. Genius
Updated 3w ago
There is really no difference. Insurance agents job is to just sell insurance, full stop, friends or non-friends. They are not legally obligated to service you. Just get a suitable hospitalization plan and learn how to diy your claims.

Investments

Alan Kor
Alan Kor
Level 5. Genius
Answered 4w ago
Start with passive 1st while learning about active can use both strategies to see which one works for you since every individual circumstances are different
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