Unit-linked policy : a comparative study against conventional life products and other investment options

In October 1993, the CPF Board released a new investment scheme called Enhanced Investment Scheme (CPF EIS). Under this scheme, CPF members have more investible funds available and more investment options to invest their CPF savings. And, unit-linked policies are being endorsed into this scheme....

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Main Authors: Goh, Wan Cheng, Keong, Kum Chee, Tan, Beow Kheng
Other Authors: Robert Lian
Format: Final Year Project
Language:English
Published: 2015
Subjects:
Online Access:http://hdl.handle.net/10356/63631
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Institution: Nanyang Technological University
Language: English
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spelling sg-ntu-dr.10356-636312023-05-19T06:24:07Z Unit-linked policy : a comparative study against conventional life products and other investment options Goh, Wan Cheng Keong, Kum Chee Tan, Beow Kheng Robert Lian Nanyang Business School DRNTU::Business::General::Government policies In October 1993, the CPF Board released a new investment scheme called Enhanced Investment Scheme (CPF EIS). Under this scheme, CPF members have more investible funds available and more investment options to invest their CPF savings. And, unit-linked policies are being endorsed into this scheme. With the recent investment fever and prevailing low interest rates, unit-linked policies may become popular among the investors as they provide investors with high investment returns alongside with life insurance protection. The purpose of this project is to introduce and explain this new and unique product. It includes interesting discussions on the various features and benefits that make up the uniqueness of this product. Part of the project also focuses on comparing unit-linked policies with conventional life insurance policies like whole-life and endowment policies and with other investment options such as bank deposits, shares and property. A survey was conducted to ascertain the public's awareness and understanding of unit-linked policies, their investment preferences and the likely future demand for unit-linked policies. Finally, the author's comments on the attractiveness and saleability of unit-linked policies including their predictions of the future prospects are given. Though it may not be accurate, the authors believe that it will provide a better understanding of this unique product. BUSINESS 2015-05-18T02:39:02Z 2015-05-18T02:39:02Z 1994 1994 Final Year Project (FYP) http://hdl.handle.net/10356/63631 en Nanyang Technological University 104 p. application/pdf
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
language English
topic DRNTU::Business::General::Government policies
spellingShingle DRNTU::Business::General::Government policies
Goh, Wan Cheng
Keong, Kum Chee
Tan, Beow Kheng
Unit-linked policy : a comparative study against conventional life products and other investment options
description In October 1993, the CPF Board released a new investment scheme called Enhanced Investment Scheme (CPF EIS). Under this scheme, CPF members have more investible funds available and more investment options to invest their CPF savings. And, unit-linked policies are being endorsed into this scheme. With the recent investment fever and prevailing low interest rates, unit-linked policies may become popular among the investors as they provide investors with high investment returns alongside with life insurance protection. The purpose of this project is to introduce and explain this new and unique product. It includes interesting discussions on the various features and benefits that make up the uniqueness of this product. Part of the project also focuses on comparing unit-linked policies with conventional life insurance policies like whole-life and endowment policies and with other investment options such as bank deposits, shares and property. A survey was conducted to ascertain the public's awareness and understanding of unit-linked policies, their investment preferences and the likely future demand for unit-linked policies. Finally, the author's comments on the attractiveness and saleability of unit-linked policies including their predictions of the future prospects are given. Though it may not be accurate, the authors believe that it will provide a better understanding of this unique product.
author2 Robert Lian
author_facet Robert Lian
Goh, Wan Cheng
Keong, Kum Chee
Tan, Beow Kheng
format Final Year Project
author Goh, Wan Cheng
Keong, Kum Chee
Tan, Beow Kheng
author_sort Goh, Wan Cheng
title Unit-linked policy : a comparative study against conventional life products and other investment options
title_short Unit-linked policy : a comparative study against conventional life products and other investment options
title_full Unit-linked policy : a comparative study against conventional life products and other investment options
title_fullStr Unit-linked policy : a comparative study against conventional life products and other investment options
title_full_unstemmed Unit-linked policy : a comparative study against conventional life products and other investment options
title_sort unit-linked policy : a comparative study against conventional life products and other investment options
publishDate 2015
url http://hdl.handle.net/10356/63631
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