A FIRST-TIME-EVER Financial Planning Offer For ALL CURRENT And Existing Financial Planholders:
Up-And-Coming Wealth Management Specialist Reveals
HOW TO INSTANTLY
INCREASE YOUR FINANCIAL
COVERAGE BY UPWARDS OF 40%...
While At The Same Time Reducing Your Total Premiums By Up To 50% (And Save As Much As $100,000 In Total)
If you’re reading this, that means that most likely you’re a current financial policyholder of some sort.
Which means you more or less know how financial planning works in general. Policies come in different sizes, with different levels of coverage and monthly premiums.
Simply put: The more you choose to invest, the more you’ll be insured or covered.
But what if that is a misconception?
What if I told you that…
- Thousands of people in Singapore are actually underinsured?
- 80% of Singaporean citizens do not have the necessary critical illness protection?
- The majority of Singaporean citizens will only get 20% coverage for their necessary expenses, should they be unable to work?
Would you want to find out if you fall under this alarming statistic?
If your answer is yes (which it should be), read on below to find out more:
Hi! My name is Kieran Yeo, and I am a wealth management specialist who has helped over 300 individuals and families steadily grow their wealth by 5-10%, year after year.
In my line of work, I work with clients to optimise their financial planning process in many areas, such as wealth preservation and growth, various areas of insurance, as well as early retirement planning.
So I come across many individuals and families who are keen to learn how they can ensure that they are financially well-protected for the future.
There are many factors to consider when it comes to improving on one’s financial portfolio. But after working with so many people, I’ve started to notice a particular pattern in the market:
MOST SINGAPOREANS ARE GROSSLY UNDERINSURED!
MOST OF THE PEOPLE I ENCOUNTER COME TO ME WITH 2 CONCERNS:
They are either concerned about whether their financial policies are providing them with enough coverage, or whether they are paying the right amount for the coverage they are getting (or at least, they think they’re getting).
Most likely, on both counts, they’re not.
This is backed up by a 2017 study by the Life Insurance Association (LIA), which provided a few highly disturbing statistics:
- Singaporeans are largely covered approximately just 1 year of their expenses, should a critical illness befall them.
- The average working adult has about $60,000 worth of critical illness coverage. But most of them will need about 5 TIMES that amount to make sure their families are sufficiently covered.
- For mortality coverage, the average Singaporean has about $569,110 worth of protection, but will actually need $738,783 (which means they are only covered up to 80% of what they need).
BUT HOW DID THIS EVEN HAPPEN?
Why is there such a large gap in the market when it comes to something as important as financial protection?
Are the financial institutions out there not doing a proper job of introducing the right policies to us?
Are the financial plans out there not sufficient in protecting us?
Are we not doing our own due diligence in terms of figuring out how much coverage we actually need?
MOST SINGAPOREANS ARE NOT INFORMED ABOUT FINANCIAL PLANNING!
A study by Nielsen just 2 years ago revealed that 1 in 3 Singaporean professionals are not planning for their retirement at all.
The most commonly cited reasons for these are a lack of understanding of the available policies, as well as a general lack of knowledge about how they should even go about planning their finances.
But wait. If you’re reading this, you’re already an existing policyholder. So this should not affect you… Right?
Nope. This lack of knowledge also extends to those who DID plan financially. In fact, this year the LIA found out that over 8000 people did not claim their insurance payouts!
Want to guess the main reason for this?
That’s right: Ignorance.These 8000 people were simply unaware that they were eligible to these payouts in the first place.
Perhaps they had already forgotten about what financial policies and coverage they had. Maybe they had bought so many different plans from different institutions that they had no way of keeping track on all of them.
But this is a clear indication of the problem in Singapore:
Most of us don’t know what coverage we need!
But fret not. Not all is lost.
Because the good news here is:
If you fully understand what kind of individual financial coverage you require…You could IMMEDIATELY boost your coverage and even potentially REDUCE your total premiums at the same time!
Sounds too good to be true, yes? Allow me to prove it.
HERE ARE SOME EXAMPLES OF HOW I’VE MANAGED TO ACHIEVE THIS:
CASE STUDY #1: 43-YEAR-OLD WOMAN SAVES $100,134 IN PREMIUMS, INCREASES COVERAGE BY $1,090,000
BACKGROUND ISSUES:
This lady, who held a senior management role in the finance industry, has a son who is currently in primary school. His tuition fees and supplementary classes meant she had monthly expenses of over $2000 in this area alone.
She also owns two pieces of property, which naturally brought up her overall financial liability. On top of that, her current policies do not cover all of her necessities, but she does not have the time to properly reevaluate and modify them.
As a mother, she naturally wanted to provide her son with a good foundation when it came to his studies. But because of her busy schedule, she did not realise that she was not only overpaying for her premiums, but was also underinsured as her policies were not even able to cover her son’s education costs (let alone her other expenses, such as property mortgages)!
SOLUTION:
Meeting with me, I helped to alter and move around some of her investments, with a new focus on making sure her son will be fully insured in case any emergencies occur. As a result:
- Death coverage increased by $790,000
- Accidental Death coverage increased by $50,000
- Critical Illness coverage increased by $200,000
- Early Critical illness coverage increased by $50,000
At the same time, I helped to reduce her overall total payable premiums throughout the duration of her multiple policies.
Before: $215,626.00
After: $115,492.00
Total savings: $100,134.00
With this added coverage, she will no longer have to worry about her son’s university fees in the event that something happens to her.
On top of that, her increased critical illness coverage means her son will be able to retain his lifestyle from getting drastically affected in case she becomes unable to work.
CASE STUDY #2: 45-YEAR-OLD MAN SAVES $56,000 IN PREMIUMS, INCREASES COVERAGE BY $380,000
BACKGROUND ISSUES:
This man, who was a director in a listed company, had to take care of his elderly parents who were completely dependent on him financially. So depending on medical expenses, his monthly financial liabilities went up to thousands of dollars.
He bought into his policies from his friend in the financial industry over 20 years ago because he initially wanted to support him. But over the years, he gradually got busier and had to travel frequently for work. In the meantime, his friend also left the industry. So as a result, these factors made it harder for him to track his policies.
On top of that, his family has a history of longevity, so one of his primary concerns was to ensure he had the financial means to provide for his parents in the event that they outlive him.
SOLUTION:
I repurposed his entire financial portfolio, which included the introduction of a new policy that was better suited for his needs. As a result:
- Death coverage increased by $260,000
- Critical Illness coverage increased by $20,000
- Early Critical illness coverage increased by $100,000
Similarly, I helped to reduce his total payable premiums throughout the duration of his policies.
Before: $156,044.00
After: $100,240.00
Total savings: $55,804.00
I repurposed his portfolio with a new focus on his parents’ longevity. His portfolio will now extend to cover his retirement, where by he and his parents will have a retirement sum to tap into.
In the event of his death, the ownership of this retirement sum will transfer over to his parents, so they will no longer have to worry about any financial liabilities for the rest of their lives.
CASE STUDY #3: 48-YEAR-OLD WOMAN INCREASES COVERAGE BY $1,045,845
BACKGROUND ISSUES:
This lady, who was a senior manager in an accounting firm, had one main issue: Her existing death death coverage fell far short of her needs. However, she has a substantial amount of money parked in the bank.
The main difference between this woman and the first case study was that she had no children. So even though they both own property and have bought into multiple policies from banks, their financial needs and priorities were completely different.
In this case, her policies were largely unsuitable or even irrelevant to her monetary requirements. But because she did not have the time or knowledge to fully understand her existing policies, she did not realise how much more coverage she could potentially be getting at the rate of her current premiums.
SOLUTION:
I showed her how to allocate her existing money to generate passive income via interest, all the while without losing liquidity and at zero risk. With the generated interest, she was able to cover her annual premiums without forking out any additional money:
- Death coverage increased by $645,845
- Critical Illness coverage increased by $400,000
As with the first two examples, she was also able to save on her total payable premiums throughout the course of her policies.
Before: $156,044.00
After: $100,240.00
Total savings: $55,804.00
With this client, she needed to increase her death and critical illness coverages in order to cover her existing mortgage loans.
This is to ensure her property will be protected for her family in the case of her death.
Also, as her mortgage loans will also need to be serviced in the event she becomes unable to work, her added critical illness coverage will ensure she does not need to tap into her savings.
ALSO, Take A MOMENT TO READ MORE ABOUT SOME OF THE OTHER PEOPLE I'VE HELPED:
June, Homemaker
“A GENUINE AGENT WHO TRULY HAS MY INTERESTS AT HEART”
Kieran is a person who is passionate about his job and he will go the extra mile for his clients. His in-depth knowledge of insurance and investment helps in analysing my financial needs, long term planning and type of protection.
On top of that, he regularly follows up on my investment portfolio. Kieran comes across as a genuine agent who has my interests at heart.
His personalised knowledge of my needs makes for someone you can trust and work with.
Pei Shang, Civil Servant
“HIGH LEVEL OF PATIENCE IN TALKING TO PEOPLE OUTSIDE HIS INDUSTRY”
During our consultation, he managed to make things fun and easily digestible for a layman like myself. The recommendations he made after understanding my situation, was superior to that of what other consultants have provided me!
I was very satisfied with his professionalism and clarity, and he follows up promptly. He communicates well, understands the needs of his clients and is never in a rush to close a deal. I’m thankful to have known Kieran and will highly recommend his service to anyone looking for financial planning.
Sim, Sales Executive
“SHARES ADVICE EVEN IF IT DOESN’T BENEFIT HIM!”
Kieran has the heart of someone who truly wants to help improve his clients’ financial situation. He walked me through my financial planning journey, making sure to explain every step and detail clearly along the way.
In fact, even if it was something that may not benefit him personally, he was still happy to share additional financial advice with me! To me, that makes him stand out from the typical salesperson, banker or agents you meet outside.
Now, I WOULD LIKE TO MAKE A FEW THINGS VERY CLEAR:
The amount of reduced premiums and increased coverage varies from individual to individual, depending on each person’s financial liabilities and existing savings among other factors.
This means that depending on who you are, the result I produce for you will be different from others. You probably already know this.
But no matter what your potential result could be when you work with me, it’s important that you do so immediately!
Remember the statistics above? Let me repeat it again:
It does NOT mean that the more premiums you pay, the more coverage you get!
This is an urgent call, from me to you. So let’s act fast!
Now, in order for me to find out how I can optimise your existing portfolio, I will need to find out some details from you.
When I meet with my clients, I will let them fill up a simple checklist. This checklist lets me find out:
- Your current financial situation (including your income, expenses, as well as other possible financial commitments or liabilities)
- What financial policies you have already purchased,
- How well you know your existing level of coverage
This will take you no more than 5-10 minutes to complete. But in that short period of time, I will be able to establish what changes you can make to your coverage RIGHT NOW!
Normally, this is done in person. But I want to extend this offer to ANYONE who is interested in becoming more informed about their coverage.
It was this same checklist I’ll be sharing with you that helped me get the results for the three people I mentioned above.
And it’s not hard at all. Because contrary to popular belief:
Financial planning is NOT that complicated. It’s just that most of us are uninformed about it.
That’s where I come in. To fill the gaps. To unclutter the mess. And to simplify what many of us consider to be a very complicated and troublesome process!
WHO WILL BENEFIT THE MOST FROM THIS?
If you’ve read up to this point, this tells me you’re probably interested in taking the next step. But before doing so, allow me to emphasise this:
What I’m offering to do here will be most effective for existing policyholders.
My objective is to help you improve and optimise your current financial plans and packages, with the intention of making sure you and your family will receive the sufficient level of protection.
So if you:
- Have already bought into a few policies
- Not sure if you’re overpaying on your monthly premiums
- Want to know if you are getting the best financial protection for the investment you’re making, Then yes, this is the right opportunity for you!
Then yes, this is the right opportunity for you!
TIME TO MAKE A DECISION…
Alright, I’ve said my piece. You now have all the relevant information at your fingertips.
So at this moment, ask yourself a simple question:
Do you wish to get the highest possible protection for you and your family and ensure that your finances will be sustainable in the event of any unforeseen circumstances…Without having to compromise on your cash flow and lifestyle?
If your answer to the above is yes, then let’s talk.
Sounds good?
I’ll see you soon!
To your financial breakthrough,
Kieran Yeo Senior,
Financial Consultant
