Have you ever endowed in an Endowment Policy in Singapore?
If you have, you strength realize that for talent policies, during the first 10 eld of the policy, there strength be zero returns as the cash value of the contract strength be less than the premiums you paid.
Most of the returns of an talent contract are derived at the tail end of the policies.
Investing in Traded Endowment Policy (TEP) is purchase valuable time!
If you crapper invest in a 30-year Endowment contract on the 22nd year, with remaining 8 eld to maturity, you are investing in a contract that has been in force for 22 eld with cash value built up over the years; you are effectively purchase valuable investment time.
You have just managed to skip the initial eld of an talent contract and invest directly into an talent contract which has surpassed break-even saucer and derive the maximum benefits at the tail end of the policies.
The yearly bonuses declared by the shelter company module provide steady growth for the remaining term of your policy; patch at maturity, you module receive a final maturity (terminal) incentive that is usually substantially larger than the annual bonuses.
When you invest in Traded Endowment Policies (TEPs), you are actually “buying time” as you’re purchase over existing with-profits talent policies which were sold by the original policyholders before the maturity date, for reasons that may include debt clearance, re-mortgaging, cash requirements, and more.
Instead of waiting 30 eld for an talent contract to mature, you crapper choose to invest in TEPs with as short as 3 eld to maturity!
Full Ownership
As a TEP investor, the contract module be legally appointed to you, making you the rightful someone of the policy. As the new contract owner, you module be full entitled to the sum assured plus the attaching bonus, and every future bonuses and contract benefits. You may choose to reassign, surrender, sell or \"will\" the contract at any time.
No Health or Age Requirement
Anyone above 21 crapper invest in TEPs regardless of health conditions.
for more financialinfo see:
Cost Segregation Audit Techniques Guide
or Endowment Policy
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