The Official Helmi Hakim Website

Do you read today’s paper?

On the issue that, some unscrupulous insurance agent, cheating old people, people who are desperate for money, to invest their CPF and the agents itself will provide a “cash back” to these people.

The old people who do not understand investments will single handedly, hand over the trust to these agents.

Those who are desperate for money, will enter the plan in anticipation for some cash back.

The agents will give the policy holders part of their commission. The agents will tell em that their investments are making some profit, and the small amount remitted to them are their “dividends”.

I want you to know that Investment Link Policies (ILP) DOES NOT gives out dividend.

How much you can cash out will directly depends on the performance of the fund you have invested in.

I am really sorry that some policy holders do not know what they have invested in, they do not know the remaining value of their investments and they do not even know who and how to contact their “missing” insurance advisors.

When they finally get someone who are qualified to analyze their situation,they begin to realise that they have lost so much of money. Its because their investments in the fund is not doing well…

Its a pity for them.

So….whats the learning point here.

1) Ensure that your insurance advisors have the credibility.

How do you ensure that? Ask them, if they have they taken up that same plan recommended by themselves.

They must be convinced themselves to take up the plan, to convince others to take that very same plan.

2) Only invest in things that you are so sure of

If you are not sure in the investments,dont invest in it. Ensure that the agents explain to you everything that you need to know.

Only after you are contented with the explanations, you can proceed with it.

Take note, that you need to be committed to these investments. For regular premium, you can only see your profits after a few years of investing.

3) Ask the advisor if they have a blog or website to update their policy holders of the latest news.

Some advisors avoid clients on the pretext that they are very very busy. They do not have much time to entertain their clients. Generally those who are really busy will take some time to develop a blog to post any updates and will refer their clients to their blog first if they are really really busy at that point of time.

Follow these 3 important tips and you wont go wrong!

My other related posts that may interest you:

• Whole Life Insurance Is Very Important
• 7 Things You Should Know Before Getting Any Financial Instruments
• Everybody Knows The Importance Of Financial Planning