Skip Navigation Links

Search for an article by entering a keyword in the search box or by clicking a category



A consumer sent me the benefit illustration and asked if it offers a good return. The consumer, age 65 male, invests a single premium of $300,000 and receives a guaranteed monthly annuity of $1,181... 23 Aug 2017, View: 421. Restricted

Dear Mr Tan, Recently I enquired about a 12.45% interest, 6-year structured deposit as advertised by OCBC bank. The OCBC staff who attended to me explained that not only is the capital guaranteed aft... 24 Apr 2017, View: 287. Restricted

Mr Tan, Can I solicit your advice on this product? My Citi RM is trying to get me interested in this product. My experience from 2007-2008, has made me wary of RM's foisting financial products on u... 06 Apr 2017, View: 86. Restricted

The policyholder took the policy at age 44 and is required to pay an annual premium of $6,273 for 14 years until age 58. From age 63, the policyholder receives an annual income that comprise of a g... 05 Apr 2017, View: 55. Restricted

Dear Mr. Tan  I have a similar pIan (to the Friend Provident Global Advance plan) and a similar experience. I have since cancelled the plan, incurring a tremendous loss of 5 figures. I told... 05 Apr 2017, View: 69. Restricted

A policyholder send this Benefit Illustration to me. She was very angry that the independent financial adviser did not explain to her the charges under this plan.  She approached a private ban... 03 Apr 2017, View: 118. Restricted

The Aviva MyCare policy is a life insurance policy that provides for long term care. The policyholder, age 43, pays a premium of $564 a year for the whole of life.  When the policyholder becom... 30 Jan 2016, View: 375. Restricted

Dear Mr. Tan I want to seek your independent advice about the Infinite VIP from Tokio Marine. It is recommended to me by an agent. The plan requires me to invest a single premium of $133.350. Af... 23 Mar 2015, View: 35. Restricted

  1.  The guaranteed payout of $5,250 a year over 10 years for a single premium of $50,000 gives a yield of 0.47% p.a. This is extremely low.   2. The projected payout of $6,97... 01 Jan 2015, View: 26. Restricted

RATING: AVOID This is an investment link policy. The Benefit Illustration (see PDF below) shows a monthly premium of $100 invested in the Asia Growth Fund. The insurance amount payable on death,... 10 Nov 2013, View: 151. Restricted

RATING: AVOID This is an investment linked plan with premium payable for 8 years. The Benefit Illustration (see PDF below) shows an annuak premium of $3,000 payable for 8 years. It is invested i... 10 Nov 2013, View: 325. Restricted

RATING: AVOID This is a whole life policy with premium payable for 20 years. The Benefit Illustration (shown in the PDF below) is for a male age 36 paying an annual premium of $1,450 for 20 year... 08 Nov 2013, View: 174. Restricted

RATING: AVOID This policy is for a male age 38. it covers death, permanent total disability and critical illness that occurs before age 75. If the policyholder survives without making a claim at ag... 02 Nov 2013, View: 171. Restricted

RATING: NEUTRAL This policy is for a male age 39. it covers death, permanent total disability and critical illness that occurs before age 70. If the policyholder survives without making a claim at ... 02 Nov 2013, View: 142. Restricted

RATING: AVOID This is a whole life policy covering death, permanent total disability and dread disease, with premium payable for 20 years. In this case study for a person aged 25, an annual prem... 02 Nov 2013, View: 441. Restricted

RATING: GOOD This term insurance policy from NTUC Income is recommended for young people who wishes to have a large life insurance cover for a period of 25 years and to invest the savings in an ind... 01 Nov 2013, View: 231. Restricted

RATING: GOOD Here is an insurance plan for a parent to take for a child. The policy pays a benefit on the death and critial illness of the child during the term of 25 years.  The premium is affo... 01 Nov 2013, View: 192. Restricted

RATING: AVOID You can read the benefit illustration that is shown in the PDF below. This policy requires you to pay a premium of $2.400 for 5 years and to keep it for 3 more years to the maturit... 29 Oct 2013, View: 158. Restricted

RATING: NEUTRAL You can read the benefit illustration that is shown in the PDF below. This policy requires you to pay a premium of $3,520 for 5 years and to keep it for 10 more years to the matu... 29 Oct 2013, View: 141. Restricted

RATING: AVOID You can read the benefit illustration that is shown in the PDF below. This policy requires you to pay a premium of $2,322 for 15 years and to keep it for as long as you wish. It pr... 29 Oct 2013, View: 130. Restricted

The consumer was sold this plan as a 5 year saving plan. She was shocked to learn that it was actually a life insurance policy which required the annual premium to be paid for 10 years. The relationsh... 08 Oct 2013, View: 5. Restricted