we have just received this email notification from tokio marine life insurance, singapore:
Dear Business Partners,
We would like to thank you for your support in TM Nest Egg (SP-Guaranteed 5th Series).
Please be informed that we will be closing the subscription next Wednesday, 17 August 2011.
Attached is the Product Announcement for your reference and dissemination to all your advisers.
Hurry, talk to your clients now to avoid disappointment!
Best Regards,
Yvette Lee
Manager
Partnership Distribution Department
Tokio Marine Life Insurance Singapore Ltd
(Company Reg. No.194800055D)
Tel: (65) 6592 6254
Fax: (65) 6223 9120
Email: Yvette.Lee@tokiomarine-life.sg
Website: www.tokiomarine-life.sg
my comments:
in the midst of the current market turmoil, and due to demand, tokio marine has just squeezed out an additional $1 million allocation for their tm nest egg (sp - guaranteed 5th series) which may not last long given the closing date of august 17, 2011 or earlier. as of yesterday, $0.4 million of the additional $1 million has been taken up.
what is tm nest egg (sp - guaranteed 5th series)?
tm nest egg (sp - guaranteed 5th series) is a fixed 3 year non-participating single premium endowment product with a fully guaranteed 1.4% return on maturity.
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