Those who are good at calculating odds and chances recognise that life insurance is a "sure thing". This is how it sounds in betting lingo:
"Let's say the Life Company will guarantee, for a small monthly fee,that you will live to 100 years.
If you do,you win.You get back all the fees you've paid.
If you don't,you win.For the Life Company will be penalised and will pay 2 or 3 or even 10 more times than what you've paid to them."
The fact of the matter is that as long as a policyholder pays his premiums on time,in the even of death,the Sum Assured will always be much more than the premium paid.
Monday, October 15, 2007
MORTGAGE PURPOSES
When a person buys a house, his happiness is overflowing. What can cloud it is that he may not survive the payment period and the house is re-possessed by the loan company to be re-sold in the market.
The smart thing to do obviously is to add a little more payment to the loan sum by including a Mortgage Reducing Term Assurance policy. If death occcurs, this policy pays up the remaining outstanding amounts to the loan and the widow and family get the house fully-pay up.
"Life insurance isn't an added obligation; it's the best means for meeting the obligations that you already have."
The smart thing to do obviously is to add a little more payment to the loan sum by including a Mortgage Reducing Term Assurance policy. If death occcurs, this policy pays up the remaining outstanding amounts to the loan and the widow and family get the house fully-pay up.
"Life insurance isn't an added obligation; it's the best means for meeting the obligations that you already have."
Monday, July 30, 2007
OSIM Triathlon Bad day!!
What a bad day for me.Have a large impact with other bike as i travel along the PA road towards the U-turn.I flew like a 'superman' and hurt my knee cap and elbow hitting onto the ground.This what the result i got.Just screaming in pain and have to rest for few days.Riders out there please be careful as you ride.
Monday, July 16, 2007
Serious Riders
This bike is known as Litespeed. Made of titanium.What you can see compare to the sunday times is totally diffrence. These bikes are really light and fast. To know more about it check it out! www.litespeed.com.
Just for your info, riders out there are you totally ready for the OSIM triathlon. Well all the best and train hard for it. All the best!
Friday, July 13, 2007
Provision for child's education
If your child is smart enough to qualify for university, will you be smart enough to provide for it?
Obviously, your child got his/her genes from you. It would be far too late for you to wait till the day he/she gets the results for you to make provision. Five or ten years before they are due for university is a good time to start a saving plan to accumulate the fund.
Getting into the university is one thing, getting into one's preferred course of study may be another. Being able to provide for what your child choose to study is foresight par exellence.
But what if after you have provided, your children do not get a place in any university? In that unlikely event, you can cash the $$$ and go for holiday. You deserve it if they don't!
Obviously, your child got his/her genes from you. It would be far too late for you to wait till the day he/she gets the results for you to make provision. Five or ten years before they are due for university is a good time to start a saving plan to accumulate the fund.
Getting into the university is one thing, getting into one's preferred course of study may be another. Being able to provide for what your child choose to study is foresight par exellence.
But what if after you have provided, your children do not get a place in any university? In that unlikely event, you can cash the $$$ and go for holiday. You deserve it if they don't!
Wednesday, July 11, 2007
Investment Strategies that Work!
Planning for your future and retirement relies on planning the right kinds of long term investments. There are many different types of long term financing investments, and everyone needs to have some sort of investments for their future. Planning your retirement and long term investments go hand in hand.
Let's face it. You will not be able to work forever. No matter how healthy you are, there will come a time when you will not be able to work, due to health problems or simply aging. What will you do for an income when the time comes to retire? This is why planning your long term investments carefully is so important. Maybe you think you will be able to rely on Medicare and social security to take care of you during your retirement. Well, if that is your plan, it is time to look at the news.
Let's face it. You will not be able to work forever. No matter how healthy you are, there will come a time when you will not be able to work, due to health problems or simply aging. What will you do for an income when the time comes to retire? This is why planning your long term investments carefully is so important. Maybe you think you will be able to rely on Medicare and social security to take care of you during your retirement. Well, if that is your plan, it is time to look at the news.
Tuesday, July 3, 2007
Changes in Month of July
1st of July 2007
1) GST has increase to 7%.
2) CPF guideline has came out a circular stated that the Minimum Sum, Medisave has increase in the amount for old age/ withdraw of CPF $$$ at age 65 instead of 62.
3) No smoking!!!! Banned smoking in some places.
For your info, start planning for your future, the future lies on your hand not your teachers.
1) GST has increase to 7%.
2) CPF guideline has came out a circular stated that the Minimum Sum, Medisave has increase in the amount for old age/ withdraw of CPF $$$ at age 65 instead of 62.
3) No smoking!!!! Banned smoking in some places.
For your info, start planning for your future, the future lies on your hand not your teachers.
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