BUYING A POLICY

SELLING YOUR POLICY

frequently asked questions

  • 1.Who is eazi Capital?

    We are Traded Endowment specialist that has acquire insurance policies from ex-policyholder and we provide an alternative investment option for Investor who is looking at growing new asset class into your investment portfolio.

  • 2. How do Investor buy a Policy?

    Call us at +65 6282 6158 for an non-obligatory meeting to find out what plans you can take over.

  • 3.How to make payments ?

    Once you select a plan to take over, you can make cashier order or cheque payable to eazi Capital Private Limited. After the policy ownership is transferred to you, you are the legal owner of the policy and future premiums of the policy will be payable directly to the insurance company.

  • 4. Why buy a Policy from us ?

    In general, we acquire insurance policies that has shorter duration to maturity, that will save you time in receiving maturity payout sooner.

  • 5.How does Investor receive the Maturity payout?

    In general practise, life insurance company will send out notice or letter to inform policy owner one month in advance before the maturity date kicks in. The default payment is usually by mailing cheque to policy owner at their registered mailing address. Should Investor prefer other payment method, could liaise with life insurance company direct.

  • 6. What about the Death benefits?

    Investor will be the current policy owner (Assignor) and Investor has the full rights to the policy benefits. Should the life assured passed away, one of the following may happens:

    (i)Neither the Life Insurance Company and Investor knows of the life assured passing, which means the policy will runs to its maturity date and the maturity value will be paid out to the Investor (Assignor).

    (ii)If the life insured family member inform the Life Insurance Company that life assured had passed away, the life insurance company will contact the Investor (Assignor), and ask them to complete necessary paper work which will pay-out the Maturity value to the Investor earlier than scheduled.

  • 7.What happens if I pass away?

    This insurance policy is part of your assets just like what you may own a stocks and shares account, bank savings, or a house. You are still the legal owner of the policy. Should you passed away, the executor or administrator of your estate can choose to assign the policy to their name or has the option to sell off the policy to insurance company or can call eazi Capital +65 6282 6158 to have a Free Policy Quotation to assess for higher value.

  • 8.Is eazi Capital regulated by MAS?

    eazi Capital provide services on buying and selling of traded endowment policies. There is no requirement by MAS to perform such trading transaction.

If any of the above did not answer your question(s), you can write to us at enquiry@eazicapital.com.sg or call us at +65 9668 3342.