Frequently Asked Questions

What is the difference between whole life and term life policy? What happens if a policy lapses?

Is it advisable for me to take out a life insurance on my mother? She is 49, in relatively good health (except asthma). She does not have any life insurance or endowment plan. But she does have medical insurance. Would the loading for asthma be very high?

What's the best age to start an education endowment plan for my children? I have two boys, 2 and 4.

The financial market has been through a roller-coaster ride for the past weeks with the collapse of Lehman Brothers and the recent event at American International Group (AIG). Many funds have dropped to their lowest point since the past two to three years. Is it wise to invest now?

With the way the global economy is heading towards right now, is it better to invest, as the economy will ultimately bounce back or wait and see and hold on to cash right now? As they say, cash is king!