Peter The Planner

He Helps You Plan For Your Family’s Future

Entries for the ‘Insurance News’ Category

10% Discount of First Year Premium!

Great news! For all new applicants of ILP life insurance, there will be a 10% discount off your first year premium and this is regardless mode of payment. Which means even you pay monthly, you are still entitled to the discount!
Huge saving for you during such times =)
If you are an existing client who has [...]

Leave a Comment

Why Should I Buy Insurance?

I believe that this question has popped up in your head every time you are approached by financial consultants or come across an insurance product at the financial institutions. For me, I always recommend someone to buy insurance to address his/her “WHAT IFs” situations. This ‘what ifs’ are low probability events and unlikely to occur. [...]

Leave a Comment

Policy holders sue AIA only to be sued back

Business Times Singapore, Sep 7, 2009 Monday
by Jamie Lee
American International Assurance (AIA) has been sued by a policy holder who claims the insurance giant is asking for additional premium payments over a period well beyond the initial guaranteed payment period.
Zhu Yong Zhen says in 1993 she bought a Singapore Financial Guardian life policy with a [...]

Leave a Comment

Knowing CPF-Life

Sunday Times Singapore, Sep 13, 2009 Sunday
 

When choosing a plan, balance retirement needs with refund amount, say experts

By Lorna Tan, Senior Correspondent

 

In the coming weeks, about 700,000 Central Provident Fund (CPF) members aged 55 and above will be invited to join the CPF Lifelong Income Scheme For The Elderly (CPF Life). The annuity [...]

Leave a Comment

Regulatory changes for banks!

Latest news regarding how banks change the way it handles with the clients: A ban on tellers from nudging customers to talk to staff selling investment products and a 7 days ‘cooling off’ period for buyers of structured products.
Read more: http://www.businesstimes.com.sg/sub/news/story/0,4574,350008,00.html?

Leave a Comment

Singaporean Are Underinsured!

In recent newspaper, there had been a report by NTU Associate Professor David Yee, stating that singaporean are grossly under-insured for their life insurance by as much as $525 bilion nationwide. According to the report, an average singaporean should be covered for close up to $500,000 but however the statistic has shown that they are [...]

Leave a Comment

Funding Options For Your Kid

Recently a lot of my clients have been asking me about how they can go about planning for their child’s future education costs as they are quite worried about not having enough to save. Well in my opinion, first and foremost is to start planning early with a small amount. Being early has alot of advantages due [...]

Leave a Comment

Hierarchy Of Insurance Needs!

People often mistaken that saving and investments are the most important things in their life and they spend a lot of time and effort in looking at these areas. However what they never realised was that no matter how much they can accumulate their wealth but once something bad happened to them, all their money [...]

Leave a Comment

Importance Of Health Insurance

Recently, I read the news about Ms. Zhang Xiaoou, 24, an NUS undergraduate majoring in Quantitative Finance. She arrived in Singapore in 2003 from China on a PRC scholarship.  A bright, cheerful, and strong lady, she set out full of aspirations. She worked her way to the Dean’s list for a first-class honors programme; only [...]

Comments (1)

Great Response For Our FHC 2009!

Today was the first time in 2009 that we organised this Financial Health Talk @ Newton for our clients and prospects. Previously it was held in our old office at Tanjour Pagar. It was a great success because the turn up was close up to 30 plus people! Many of them found this session to [...]

Leave a Comment