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Friday, December 28, 2007

Existing life insurance policies

Dear Mr. Tan,

I have just retired. I am not sure if I should continue to pay the premium on my current life insurance policies, especially those that require me to pay for the whole of life. I can afford to pay the premium, but I am not sure if the return is worth while. What is your advice to me?

REPLY

If you are able to continue to pay the premium, you can look at the return on your existing policies over the next 5 or 10 years. If the return is higher than other types of investment, then you can continue these policies.

Read this FAQ:

http://www.tankinlian.com/faq/exist.html

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