AIA’s Policies were being included in the Policyowner’s Estate as part of Bankruptcy proceedings. The only defence put forth is that the Insured is the daughter of the Policyowner. In such an A/O(Applicant/Owner) relationship, the Policy is still deemed to be owned by...
I personally spoke with one gentlemane, successful Banker and very affluent, and this is what he shared ‘When I die, I want to use up all my money and die broke’. Being an Insurance Advisor, that got me thinking: What a perspective! This reminded me of what was taught...
Can’t wait to see the impact of adopting SORA on loans and the market’s reaction. Wonder if that will lead to an increase or bring more stability to volatility in rates.
Talk to your Agent and explore all possible options. I am fully aware that surrendering an insurance policy is always the first option: what if after surrendering, that particular risk hit you: be it Hospitalisation, Accident, Critical Insurance or Death? The reply I...
