Food For Thought

A few years ago, one of my clients asked me, “Phylise, will I be worth $1million when I’m gone?”

I looked at her total assets and insurance coverage and my reply was, "No. But you can achieve that by getting yourself covered for $1million!"

As a single parent, her main concern was to have sufficient money for her 3 children to complete their studies. Even though she had budget constraints, I addressed her area of concern with a million-dollar term policy from AXA.

Thereafter, I continue to help many families to get their million-dollar coverage through AXA’s Term policy. It has since become my passion and my mission to help as many families as possible to fulfill their need for coverage worth $1 million or more.

In 2007, the average Death and disability payout per policy was only $34,000*. How long can this sum of money last for you and your family?

Still wondering, "Will I be worth million dollars when I am gone one day?" Wait no more, contact me today to find out how you can get yourself a high level of coverage at highly affordable rates that would not hurt your pocket.

Source: Life Insurance Association, Singapore

Disclaimer: This commentary expresses the views of Phylise Er Jia Li, CFPcm representing AXA Life Insurance Singapore Pte Ltd. It is not made with regard to the specific investment objectives, financial situation and particular needs of any person. You may wish to seek advice from a financial adviser before making a commitment to purchase the product. In the event that you choose not to seek advice from a financial adviser, you should consider whether the product in question is suitable for you. The precise terms and conditions of the plan are specified in the policy contract. Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value may be less than total premiums paid. Buying health insurance products that are not suitable for you may impact your ability to finance your future healthcare needs. A product summary is available and may be obtained from AXA Life Insurance Singapore Pte Ltd and the participating distributors’ offices. You should read the product summary before deciding whether to purchase the policy.