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Tag Archives for " AIA "

AIA Complete Critical Cover

AIA Complete Critical Cover is a new plan launched recently by AIA to provide insurance coverage against various severities of critical illnesses. The typical 30 critical illness (CI) cover that most people have provides for a claim of 100% of the insured amount in the event a critical illness occurs. The critical illness must be […]

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Hot Single Premium Non-Participating Endowments

In the past few months, we have seen a number of single premium non-participating insurance plans being launched by different life insurance companies: AIA, NTUC, Prudential, HSBC and TM Asia Life. The plans are either 2 or 5 year terms offering yields of between 1.4% to 2.75% p.a. AIA Wealth Accumulator HSBC Guaranteed Saver Plus […]

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What Should You Do With Your AIA Policies?

Over the last four days, thousands of people have gone down to the AIA office to surrender their policies. With the news so widely publicised, many more have been influenced to surrender their AIA policies. This is a classic case of herd mentality at work. Sometimes, it’s also referred to as the “madness of crowds“. […]

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Singaporeans Concerned About AIG Spillover Effects on AIA

Our financial markets are facing a severe test as big name financial institutions experience liqudity problems. Just a couple of days ago, we had Lehman Brothers filing for Chapter 11. The next giant facing difficulties is American International Group Inc (AIG). AIG needs to raise more than $80 billion to keep themselves afloat. According to […]

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NTUC Annual Bonus Reduction

In yesterday’s newspapers, there was an article about Tan Kin Lian, NTUC Income’s ex-CEO, mounting an online protest over some changes announced by NTUC recently. The changes involve restructuring bonus payouts for life policies sold after 1993. Essentially, the annual bonus will be reduced but this will be offset by an increase in the terminal […]

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