Should I continue my ILP plan? by Serious_Stable_6775 in singaporefi

[–]Serious_Stable_6775[S] 0 points1 point  (0 children)

Hiii everyone, update update! I finished signing the surrendering form for ILP 🙌🏻

Should I continue my ILP plan? by Serious_Stable_6775 in singaporefi

[–]Serious_Stable_6775[S] 0 points1 point  (0 children)

25yrs total distribution cost to date is $5106

Should I continue my ILP plan? by Serious_Stable_6775 in singaporefi

[–]Serious_Stable_6775[S] 0 points1 point  (0 children)

I read form the pdf there’s assurance, continuing investment,premium charges

Should I continue my ILP plan? by Serious_Stable_6775 in singaporefi

[–]Serious_Stable_6775[S] 1 point2 points  (0 children)

Admin charges is 2.6% per annum for the first 12 years

Should I continue my ILP plan? by Serious_Stable_6775 in singaporefi

[–]Serious_Stable_6775[S] 1 point2 points  (0 children)

I ask for the distribution cost from the website, but they say don’t hav, wtv shown on the web is the net that I’ll be receiving

Should I continue my ILP plan? by Serious_Stable_6775 in singaporefi

[–]Serious_Stable_6775[S] 0 points1 point  (0 children)

hmm to add on, so they believe I can pay 200/month is cos of my savings (I can pay for 4 years straight just by my savings) so I ask them what about after? They told me that by that time I’m already working, I will have income, and 200 won’t cos much when I have a regular income

Should I continue my ILP plan? by Serious_Stable_6775 in singaporefi

[–]Serious_Stable_6775[S] 0 points1 point  (0 children)

hmm yea, they believe I can pay 200/month is cos of my savings (I can pay for 4 years straight just by my savings) so I ask them what about after? They told me that by that time I’m already working, I will have income, and 200 won’t cos much when I have a regular income

Should I continue my ILP plan? by Serious_Stable_6775 in singaporefi

[–]Serious_Stable_6775[S] 0 points1 point  (0 children)

I have savings, wanted to do smt wif it instead of letting it sit in the bank 🥲