Plate Glass Marine Marine coverage is a sector that truly benefits from having global strength and presence. This extensive regional network means that we have access to a wide variety of resources to ensure we provide a consistently high level of underwriting and claims service. Machinery Breakdown and Consequential Loss Plant and machinery represent a large amount of invested capital.
Such products are expected to continue to proliferate, given that the retirement market is a lucrative one and Singapore is among the fastest-ageing societies in the world. Figures have indicated that bynearly one million people here will be above the age of This involves using multiple layers to build up retirement income, including CPF, personal savings and a retirement insurance plan," he says.
In such a crowded market, differentiating your product becomes crucial, as some firms are demonstrating. Singapore is among the fastest-ageing societies in the world.
Figures indicate that by nearly one million people here will be above the age of JAMIE KOH Generally, these kinds of retirement plans offer a mix of single or regular premium payment periods as well as regular payouts over 10 to 30 years to provide income to supplement your retirement and living expenses.
Understanding your needs Retirement planning goes beyond just number-crunching on the size of the nest egg and the estimated number of your golden years. It requires you to axa business plan plus policy summary insurance deeper into it - planning the lifestyle you would like to engage in - in order to determine how much you really need to spend your sunset years purposefully.
Mr Eddy Cheong, head of DIYInsurance, a Web portal by wealth management firm Providend, strongly advocates consumers should understand their needs first before zooming in. He notes that there are many retirement-related insurance products and it is an uphill task to compare them since every insurer tries to be different.
Mr Lance Tay of Tokio Marine says its TM Retirement PaycheckLife, a joint-life option plan, will help women who leave the workforce prematurely to take care of their families.
Generally, the higher the level of capital protection, the more costly the plan will be. Mr Eddy Cheong of DIYInsurance, a Web portal by wealth management firm Providend, strongly advocates that consumers must understand their needs first before zooming in on products.
Retirement insurance products The Sunday Times highlights the differentiating features of some retirement insurance products. With Retire Happy levelthe customer can receive a guaranteed stream of fixed income annually to support his retirement.
With Retire Happy inflatedthe retirement income will increase at a guaranteed rate of 3. Ms Kwek-Perroy says customers are ensured a guaranteed capital at retirement age. Since the launch inAXA has enhanced its flagship Retire Happy product to add more flexible retirement options for customers, for example, from five retirement ages to eight ages 35, 40, 45, 50, 55, 60, 65 or 70 years old.
Furthermore, there are six pre- mium options. These are single premiums using cash or SRS or via regular premiums over five, 10, 15, 20 or 25 years.
Customers can choose to receive retirement income over 15 or 20 years. Because the plan allows withdrawal from age 35, it also caters to young professionals who want a savings plan that provides regular income towards their savings target. The Aviva MyRetirement Plus has an added feature that cushions the impact of inflation as the payouts increase at 3.
Policyholders of both plans can look forward to additional non- guaranteed lump-sum payouts at maturity. As the plans are capital-guaranteed at the selected retirement age, customers have the flexibility to choose a lump-sum withdrawal with the certainty of getting back all the premiums and more.
Customers also have the option to do a partial lump-sum withdrawal or leave the funds with Aviva to continue growing their wealth. The guaranteed annual returns for MyRetirement plan are up to 2.
This pays up to per cent of your sum assured and covers physiotherapy treatment. Mr Lum advises that customers may want to include a cancer premium waiver rider.Switching to AXA. If your clients have an international health insurance policy with another insurer, you may be able to switch their plan to us with continuing cover and no change to their previous medical underwriting.
AXA Moderate-Plus Allocation Portfolio – Class A and B Shares Summary Prospectus dated May 1, Before you invest, you may want to review the Portfolio’s Prospectus, which contains more information about the Portfolio and its risks.
This insurance plan is underwritten by AXA Insurance Pte Ltd. The information featured in this website is published for general information only and is not a contract of insurance. The precise terms and conditions of the plan are specified in the policy contract.
Life Insurance Plan Trauma Insurance Plus Plan Trauma Insurance Plan This booklet provides a summary of some of the important the business. How these AXA insurance products can fit into your financial plan Like a road map, a financial plan can help you decide where.
Acme Insurance insurance company business plan strategy and implementation summary. Acme Insurance is an ongoing business working as a regional insurance agency and real estate brokerage firm which markets and services personal insurance.
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