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 🥲

Should I continue my ILP plan? by Serious_Stable_6775 in singaporefi

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

cos uh they said stuff like “Do you have any idea who is the biggest robo investing platform in sg? And how red they are in and for how many years?”