Tim Talks Money
Region: SG
Friday 25 April 2025 09:17:20 GMT
95197
1995
74
945
Music
Download
Comments
Joo Chin | Insurance With A ❤️ :
I’ve been following your content and truly find them rather useful. I hope you can take my comment objectively. 1. I’m a FA, and I don’t earn trailer fees from every ILP. 2. I advocate the same - separate insurance from investment. Many ILPs now only cover for death, and not illness, keeping mortality charges low. 3. Can’t say for other companies, but mine pays me more for selling term insurance, not ILPs.
2025-05-25 06:38:57
2
mikey128_8 :
It's true, the fact these FAs advocate savings and yet they splurge on depreciating assets. hmmm
2025-04-25 12:52:43
154
Tora :
Hi, i have $200 to park every month, where do i invest if its not dca ilp?
2025-04-27 02:21:32
1
Markers :
What you ask ppl to invest is very well the same, your invested amt is higher, loss has no cap, if investors lose money, will you cover their loss?
2025-04-26 02:33:12
4
Mustang69 :
You have the understand that the insurance company is design to ensure they don’t pay out and if they do it’s a tiny percentage.. and mathematicians make models to make sure of that.
2025-04-25 13:48:18
30
Invisible Hand :
Bankers selling ilp too
2025-04-26 10:31:06
4
Dee Tee 😉 :
It’s true, coming from an ex-fa. For 5 years as FA, I’ve never sold any ILPs as Idw my clients to buy sth that I don’t believe myself. Anyway, probably the reason I’m not cut out to stay as an FA lol
2025-04-26 04:09:55
8
Mike Teng :
Do u oso drive a ferrari or lambo?
2025-04-27 10:25:04
2
ChopChop :
love your core belief insurance and investment should be separate.
2025-04-27 01:28:37
2
heyrudy :
So if i’ve already bought an ILP what should i do? Cancelling it will incur a penalty
2025-04-27 10:09:27
1
User754673378 :
Property agents get super rich too. Do you stay in a house?
2025-04-26 02:33:28
1
lol :
finally someone brave to say it out!😀
2025-04-25 14:13:08
17
AgentKartoffeln :
I was an insurance agent and I agree. Term and shield and learn how to invest(NOT DAY TRADE). ILPs often have high front or back loading, where the allocation of funds to your product is minuscule and most of it goes to costs(agent fees, cost of insurance and what not). Not even traditional products are good since they are costly for the little protection that they offer.
2025-05-25 13:01:12
4
Jim :
Truly wish your video blows up sir. Well said
2025-04-26 13:45:24
5
StanG :
Commitment, penalties, high fees and no liquidity. Ohh, still subjected to risk
2025-04-25 10:18:05
11
Risdian Isbintara :
Your explanation was easy to understand. Thank you!
2025-06-13 17:47:17
2
The Singapore Wheelchair :
👍investment and insurance should be separated.
2025-05-25 10:40:21
2
home & living sg :
Yes iLP give a lot commission to agent
2025-04-29 09:49:04
2
Fish&chips :
What should you do if you are already a few years (3-5y) into your ILP? It is wise to cut the loss and move on or continue?
2025-04-29 04:40:02
2
Prodigal Singapore Girl :
Thanks Tim this is so helpful 🙏🏼
2025-04-27 05:32:49
2
Allan Tan157 :
Buy term plan and invest in ETF
2025-04-29 06:04:18
2
aspen :
ILP is not bad, it primarily focuses on investing meaning the policy owner bears the losses/winnings if it happens.
2025-04-25 16:34:52
1
Jeff Chiang :
agreed
2025-05-25 17:29:16
2
Vida La :
I guess different tools are used for different situations. Some product lines are refined and redefined in all industries, & things may not be the same. ETF ain’t a one size fits all solution too.
2025-04-27 07:18:48
1
crazyguy :
if i have already serviced an ilp for about 5 years, is it recommended to continue servicing?
2025-04-26 07:57:50
1
To see more videos from user @timtalksmoneysg, please go to the Tikwm
homepage.
