PCS Vision Issue 3

June 2022

As Mercer PCS Singapore CEO, Davin Wong, points out – it’s a little wild out there. Rising interest rates, runaway inflation and the threat of stagnation are adding even more volatility to our lives and the markets.

In this issue of Vision, we tackle the effects of rising interest rates on wealth and legacy planning through life protection, Isaac Lim (Mercer PCS Managing Director) explores the difference between Universal Life Insurance and Whole of Life policies, and two case studies illustrate the criticality of reviewing life insurance policies regularly.

Evergreen in a season of change

What are the effects of rising interest rates and the changing shape of the USD yield curve on life protection products? Mercer PCS Singapore CEO, Davin Wong, explains.
The key differences between ULI and WOL

Life insurance products are ever evolving to cater for the changing needs of high net worth and ultra-high net worth individuals. To simplify the sheer variety of products on offer, Mercer PCS Managing Director, Isaac Lim, describes the seven key differences between Whole of Life and Universal Life insurance solutions.
Case study: Why changing to a Whole of Life policy was the right choice for this client

Life protection is a long-term investment, but for high net worth and ultra-high net worth individuals, it should not be a “set and forget” solution. This case study shows how sometimes an alternative protection plan might be necessary.
Case study: Annual Reviews are Crucial

The voluntary winding back of a” dangerous hobby” and a better medical examination result meant we could advocate on this client’s behalf and help him incept a new policy with less loading.