Comments on: Zurich Vista launched new promotions between 15 February to 31 March 2010 http://www.skcagency.com/blog/new-plans/zurich-vista-launched-new-promotions-between-15-february-to-31-march-2010 Risk Management Singapore , Wealth Management Singapore & Insurance in Singapore Wed, 08 Sep 2010 15:24:12 +0000 http://wordpress.org/?v=2.0.4 by: ALVIN SOONG http://www.skcagency.com/blog/new-plans/zurich-vista-launched-new-promotions-between-15-february-to-31-march-2010#comment-56895 Fri, 19 Mar 2010 15:17:55 +0000 http://www.skcagency.com/blog/new-plans/zurich-vista-launched-new-promotions-between-15-february-to-31-march-2010#comment-56895 I have spoken to the Relationship Manager in Zurich, Singapore. For those with enquiries on Zurich, especially those who feel strongly about it, please do indicate your name, contact no. We would consolidate so that the Relationship Manager can address all your queries at a meetup session. You may email these details to my email at asoongch@gmail.com (Please note: this arrangement is not a product talk but merely a gathering session to address the misconceptions, complaints or other concerns that anyone would like to address on. This session is not open to any Financial Advisers, bankers or insurance companies.) I have spoken to the Relationship Manager in Zurich, Singapore. For those with enquiries on Zurich, especially those who feel strongly about it, please do indicate your name, contact no. We would consolidate so that the Relationship Manager can address all your queries at a meetup session.

You may email these details to my email at asoongch@gmail.com

(Please note: this arrangement is not a product talk but merely a gathering session to address the misconceptions, complaints or other concerns that anyone would like to address on. This session is not open to any Financial Advisers, bankers or insurance companies.)

]]> by: ALVIN SOONG http://www.skcagency.com/blog/new-plans/zurich-vista-launched-new-promotions-between-15-february-to-31-march-2010#comment-55740 Sun, 21 Feb 2010 15:42:26 +0000 http://www.skcagency.com/blog/new-plans/zurich-vista-launched-new-promotions-between-15-february-to-31-march-2010#comment-55740 Hi Jennifer The blog I believe you refer to is "Is ILP a time bomb?". In the article, i mentioned, it is not advisable to add a term insurance (unless it is a level term) together with an investment linked policy, as such packaged plan entails high mortality charges. This is due to the fact that ILP usually would have a rising premium entails from the term insurance packaged with it. In Zurich, it is purely investment linked plan (without any insurance included). We must however calculate the charges and your time horizon to see if it works out. In my blog, I have never encouraged nor discouraged any products but to look at everything objectively. For the current zurich plan, with its existing bonus and one month waiver premium,it may only be advantageous (look at the bonus structure) for on one to invest based on 15 years and above. This is my personal take, not from a professional adviser point of view as I have not looked into your financial plan to advise further. Look at every plan objectively, with your considerations and factors in place, then calculate the sums first. Hope it helps. Warm Regards Alvin Soong Hi Jennifer

The blog I believe you refer to is “Is ILP a time bomb?”. In the article, i mentioned, it is not advisable to add a term insurance (unless it is a level term) together with an investment linked policy, as such packaged plan entails high mortality charges. This is due to the fact that ILP usually would have a rising premium entails from the term insurance packaged with it.

In Zurich, it is purely investment linked plan (without any insurance included). We must however calculate the charges and your time horizon to see if it works out.

In my blog, I have never encouraged nor discouraged any products but to look at everything objectively. For the current zurich plan, with its existing bonus and one month waiver premium,it may only be advantageous (look at the bonus structure) for on one to invest based on 15 years and above. This is my personal take, not from a professional adviser point of view as I have not looked into your financial plan to advise further.

Look at every plan objectively, with your considerations and factors in place, then calculate the sums first. Hope it helps.

Warm Regards
Alvin Soong

]]> by: jennifer http://www.skcagency.com/blog/new-plans/zurich-vista-launched-new-promotions-between-15-february-to-31-march-2010#comment-55739 Sun, 21 Feb 2010 14:58:45 +0000 http://www.skcagency.com/blog/new-plans/zurich-vista-launched-new-promotions-between-15-february-to-31-march-2010#comment-55739 Hi Alvin, Last November you mentioned in this blog that Zurich is not recommended (at least that is how I interpret your statment). Now because of the 1 month premium, you are promoting it again...? Jennifer Hi Alvin,

Last November you mentioned in this blog that Zurich is not recommended (at least that is how I interpret your statment). Now because of the 1 month premium, you are promoting it again…?

Jennifer

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