tag:blogger.com,1999:blog-6092311610759487605.post7314731783205899857..comments2023-10-30T22:07:56.600+08:00Comments on SG Budget Babe: Should I buy Term or Whole Life Insurance?Unknownnoreply@blogger.comBlogger21125tag:blogger.com,1999:blog-6092311610759487605.post-32364729594899449162017-11-09T23:13:45.977+08:002017-11-09T23:13:45.977+08:00hi BB,
would you go for a term to 99 yrs? and, w...hi BB, <br />would you go for a term to 99 yrs? and, why?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-19569600216135399892017-06-02T19:36:52.978+08:002017-06-02T19:36:52.978+08:00Thank you for sharing such great information.It is...<br />Thank you for sharing such great information.It is informative,can you help me in finding out more detail on<a href="https://www.bajajallianzlife.com/investment-plans/investment-insurance-plans.jsp" title="Investment Insurance" rel="nofollow">Investment Plans In India</a>,i am interested and would like to know more about this field and wanted to understand the basics of Term Insurance PolicyAnonymoushttps://www.blogger.com/profile/10921233434249878101noreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-28032610578625123192017-05-12T20:58:49.677+08:002017-05-12T20:58:49.677+08:00Thank you for sharing such great information. It h...Thank you for sharing such great information. It has help me in finding out more detail about <a href="https://www.bajajallianzlife.com/term-insurance/term-plans.jsp" rel="nofollow">Term Policy</a>!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-82680045582112401552017-03-20T18:28:47.003+08:002017-03-20T18:28:47.003+08:00Quite an interesting post about term or whole life...Quite an interesting post about term or whole life insurance. I was very confused about deciding on one of these but you have really helped me with this information. I too want to invest in stock market too and will be consulting a <a href="http://linkfinancialadvisory.com/" rel="nofollow">registered investment advisor Las Vegas</a> soon.<br />diego78https://www.blogger.com/profile/13422396713135093491noreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-40190821554481258572017-03-09T18:26:56.555+08:002017-03-09T18:26:56.555+08:00Thank you for sharing such great information, can ...Thank you for sharing such great information, can you help me in finding out more detail on <a href="https://www.bajajallianzlife.com/term-insurance/term-plans.jsp" rel="nofollow">Term Insurance Plan</a>rinahttps://www.blogger.com/profile/00273481370363954495noreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-13504006460513404252016-11-02T14:47:16.245+08:002016-11-02T14:47:16.245+08:00The insurance world can be confusing. Just reading...The insurance world can be confusing. Just reading your article and seeing all the different terms used, I had to reread parts to make sure I knew what was happening. I am also pro "term" insurance but I would love to get to a point in my life where I don't even need <a href="http://ernstam.livejournal.com/4021.html" rel="nofollow">life insurance</a>. Maybe one day.Lachelle Musehttps://www.blogger.com/profile/01219621282986093704noreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-72113572768200845552016-09-23T00:53:28.628+08:002016-09-23T00:53:28.628+08:00Hi BB, don't worry. MAS will answer your quest...Hi BB, don't worry. MAS will answer your questions soon enough... The Better Tomorrowshttps://www.blogger.com/profile/15306548546745273153noreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-42116503903814089932016-09-09T20:16:40.916+08:002016-09-09T20:16:40.916+08:00Thank you for sharing such great information. It i...<br /><br />Thank you for sharing such great information. It is informative, can you help me in finding out more detail on <a href="https://www.bajajallianzlife.com/term-insurance/term-plans.jsp" title="Term Policy" rel="nofollow">Term Policy</a>, i am interested and would like to know more about this field and wanted to understand the basics of Term Insurance Anonymoushttps://www.blogger.com/profile/12449623268412545755noreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-37855556007235705302016-09-09T17:47:55.872+08:002016-09-09T17:47:55.872+08:00Hi TTI! Wow, rare visit from you! :)
Nice analog...Hi TTI! Wow, rare visit from you! :) <br /><br />Nice analogy about the mortgage broker, I never thought of it that way! <br /><br />I'm also curious to know if I have really broken any MAS regulations like what The Better Tomorrows claim I have. But I asked twice already and he/she still hasn't provided me with clarity on this????? Or is MAS name simply being used as a threat to bring down a post that someone has issues with? Perhaps because it threatens someone else's livelihood? <br /><br />So many questions, zero answers!Budget Babehttps://www.blogger.com/profile/05940384920609566419noreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-72084411131676500822016-09-09T17:45:52.991+08:002016-09-09T17:45:52.991+08:00You can opt for term until 65 or longer, then they...You can opt for term until 65 or longer, then they have to cover you until then. I think what you're describing is more for renewable term cover? There are different types of term plans out there!Budget Babehttps://www.blogger.com/profile/05940384920609566419noreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-6047426950528522392016-09-08T12:14:45.395+08:002016-09-08T12:14:45.395+08:00Term insurance needs to be renewed either yearly o...Term insurance needs to be renewed either yearly or some company offer 3 years renewal. That to say if the insured state is not the same (esp when one aged) the insurance company has the right to reject renewal of the policy or to increase the premium. This is the reason for me to choose whole life plan vs term plan. Anonymoushttps://www.blogger.com/profile/16259764120091669676noreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-82915568613789222552016-09-05T17:04:46.087+08:002016-09-05T17:04:46.087+08:00Hi Budget Babe
Thanks for this comparison, I'v...Hi Budget Babe<br />Thanks for this comparison, I've always wondered why nobody emphasizes the difference and why ppl still go for the ILPs and such when the data is so clear.<br />As for the comment above regarding this post having "broken MAS regulations", I don't think that's the case. <br />There will always be a need for insurance brokers actually. It's like mortgage. I can go directly to the bank for a mortgage, but I utilize a mortgage broker as he compares between many different banks and gives me the lowdown on the options and I make the final decision myself.<br />Sure, the mortgage broker gets a cut for his efforts, but this cut is taken from the bank's side. In other words, if I go straight to the particular bank, the rates is the same. <br />There is real value in what he does as it saves me the trouble of doing the comparison myself.<br />With insurance, I'd reckon there's even more comparison to do as it has to be tailored to one's specific requirements, not just a interest rate kinda issue like in mortgages.<br />On the contrary, instead of having "broken some vague MAS regulation", I'd think that more of such spotlight on term vs investment linked would be good for regular consumers. <br />I'm pretty sure MAS is all for transparency and information.<br />SG TTIThumbTack Investorhttps://www.blogger.com/profile/16852330305458189895noreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-43548345858460114942016-09-02T21:22:33.167+08:002016-09-02T21:22:33.167+08:00Thank you for sharing such great information. It i...Thank you for sharing such great information. It is informative, can you help me in finding out more detail on <a href="https://www.bajajallianzlife.com" title="Life Insurance" rel="nofollow"> Life Insurance</a>,i am interested and would like to know more about this field and wanted to understand the basics of Life InsuranceAnonymoushttps://www.blogger.com/profile/12449623268412545755noreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-82345614767543211062016-09-02T17:15:23.715+08:002016-09-02T17:15:23.715+08:00Hi The Better Tomorrows,
This is an advertorial b...Hi The Better Tomorrows,<br /><br />This is an advertorial by DIYInsurance. It is mentioned twice on this page. A campaign was run last weekend and a few financial bloggers whom they know personally were engaged to contribute their opinions, while sharing about the ebook. You might want to look around at the other posts - they are all clearly opinions. If you think that I, or all of us, have broken MAS regulations with such postings, please let us know exactly what clause or rule we have broken, so that we may learn of our mistakes and take them down accordingly. <br /><br />Could you please clarify if you are an insurance agent? I've asked you this on the Prudential blog post, but you responded to all other aspects except this.<br /><br />I have also reviewed CompareFirst prior to this post. You might want to check back on my past articles. Commissions by DIYInsurance have also been stated upfront.<br /><br />While I love receiving feedback, it boggles me as to why you have only been commenting on my insurance-related posts, and on those posts you've been asking me to take down the post, using MAS as a warning. I am still unclear on what laws or regulations I have broken? Please advise and point me to the right direction if I'm in the wrong here. Thanks!Budget Babehttps://www.blogger.com/profile/05940384920609566419noreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-72252401751767715532016-09-02T15:42:25.367+08:002016-09-02T15:42:25.367+08:00This is very informative article. Thank you for yo...This is very informative article. Thank you for your time spent on this. <br />I believe DIY insurance paying you to write this article. Right?<br /><br />Dear other readers, please take note;<br />- DIY insurance is just another "insurance broker" <br />- they are not government entity or anything of that sort<br />- they do not compare ALL the products. they only compare those insurers that they are engaged with. <br />- There is another online platform set up by MAS which do actual comparison for all plans and it is called CompareFirst. <br /><br />Hi Budget Babe, DIY Insurance practice the tactic called "Commission Rebate" and it is considered as "Inducement" under FAIR Dealing Guideline by MAS. If you do not wish to get into trouble, this is your last chance to take down the article. <br />The Better Tomorrowshttps://www.blogger.com/profile/15306548546745273153noreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-72373944433256902602016-09-01T12:27:01.050+08:002016-09-01T12:27:01.050+08:00Great point! Indeed some might want to pay only wh...Great point! Indeed some might want to pay only while they're I n their prime. What I do is to save up a separate account for my term insurance premiums until it ends, so I will always have funds to pay :)Budget Babehttps://www.blogger.com/profile/05940384920609566419noreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-19861273652859583672016-09-01T12:25:59.597+08:002016-09-01T12:25:59.597+08:00Hi SMK! Yup indeed, I saw the e-book even before D...Hi SMK! Yup indeed, I saw the e-book even before DIYInsurance emailed me and thought it was a good resource, so when they asked me to write and share about this I was more than happy to! :)<br /><br />I think there will still be a place for middlemen because frankly speaking there are still consumers who are clueless, despite us trying to educate on financially literacy here! Nonetheless, there are some policies I buy through my agent, some I buy directly myself too. What about you?Budget Babehttps://www.blogger.com/profile/05940384920609566419noreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-64135102174900412132016-09-01T12:23:05.681+08:002016-09-01T12:23:05.681+08:00Good catch! Haha I've been making too many typ...Good catch! Haha I've been making too many typos these days.Budget Babehttps://www.blogger.com/profile/05940384920609566419noreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-88784068678444854962016-08-30T23:59:42.786+08:002016-08-30T23:59:42.786+08:00Hi,
I think there's another key consideration...Hi,<br /><br />I think there's another key consideration that you might want to point out. Most people buy whole life policy as it offers limited payment term e.g 10, 15, 25 years. There are term policies up till age 100, that also means premium has to continue for as long as you live, even after your retirement. That said, it was an informative write up, keep up the good work!Anonymoushttps://www.blogger.com/profile/01006890524722455405noreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-45051934486993845062016-08-28T23:49:05.786+08:002016-08-28T23:49:05.786+08:00advertorial?
i prefer and advocate moving to a no...advertorial?<br /><br />i prefer and advocate moving to a no middlemen model.<br />providend and all the other insurance companies are middle men.<br /><br />there is currently no existing no-middle men model other than <br /><a href="http://www.moneysense.gov.sg/understanding-financial-products/insurance/types-of-insurance/life-insurance/types-of-life-insurance/direct-purchase-insurance.aspx" rel="nofollow"> direct purchase insurance</a><br /><br />when debate on cost, there is no debate. no middle men, lower costs.SMKhttps://www.blogger.com/profile/10968938425811827200noreply@blogger.comtag:blogger.com,1999:blog-6092311610759487605.post-75546955868076584522016-08-28T20:32:45.534+08:002016-08-28T20:32:45.534+08:00Debate 'rages on'...Debate 'rages on'... Anonymoushttps://www.blogger.com/profile/08160119500388517516noreply@blogger.com