life insurance aia
Can anyone tell me about non-participation life insurance policy?
I am 24 and working as a professional I have purchased malaysia.Recently insurance policy AIA.After reading my insurance policy, I know a few things as 1) I'm going to receive annual cash dividents? 2) if I say I want stop delivering my policy after 20 years .. I'm going to get my premium back + the dividents? 3) Is this the best policy to protect savings +? I'm confused .. I ask my agent, but I think it's best to get the opinion of others before your consultation. and one more thing .. Is it beneficial to have just an insurance policy? Yes .. 'm really looking toward the protection, compared with $ $ because I want to make sure my children get enough $ $ To support their lives in case something happened to me …
Participants not mean that politics do not receive dividends from the company. Can decide a credit interest above the guaranteed rate, but usually not the design of a policy of non-par. Any increase in the cash value is likely was filmed in politics instead of paying directly to you. I imagine that in 20 years, you'll arrive on your premium back. These policies are good for the long-term savings combined with insurance. I would suggest looking instead of life variables (if such thing exists in Malaysia) or buy term insurance instead. The benefits of what We are premiums that are guaranteed by the rest of his life (hence the name Whole Life). The guaranteed interest rate (in the U.S., most are 3.5-4%) of the cash value will equal the death benefit at age 100 – Again guaranteed. The interest or dividends paid in excess (if any, will be called interest Over) – not guaranteed – will accelerate the accumulation of cash (at the moment, in the U.S. most of these policies earn dividends that drive rates growth in the range of 6% on average. If you were in the U.S., I'd say most likely not have a big plan, but do not know what other types of plans are available in Malaysia. Hope this helps.
