1. Candidate’s Information
GROUP: MARTELL
Siow WeiJie
Ryan Tay
Lim Wenjie
Ong Chee Yong
Low Wei Yee

2. Demographics
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Nationality: Malaysian
Birth year: 1961
Gender: Male
Marital Status: Married
Smoker: No
Education Level: University Degree
Occupation: Civil Servant
Dependents: 3

3. Insurance
Life Plan
Medical Expense
Accident
Sum Assured: $200,000
Deductible: $3,000
Co-Insurance: 10%
Sum Assured: $30,000
200% Payout for 5
Advanced Stage CI
Annual Limit: $40,000
Renewable till 75
Add term insurance of
$100,000 ($450)
Waive annual limit
Rider for accident ($200)
Focus on disability benefits
Remove the deductible
and co-insurance

4. Balance Sheet Cash flow
Assets
Liabilities
Fixed
Deposits
250,000
Housing
Mortgage
30,000
House
750,000
Loans
40,000
Shares
100,000
Cash
30,000
Total
1,130,000
70,000
• Monthly Income:
5,000
• Expenses: 3,000

5. Goal
• Retire comfortably at age 60
Candidate’s
Intention
• Lead a comfortable life at retirement
• Son’s wedding in 3 years
• Son’s school loan in 2 years time
Our
Intention
• Income of $2,000 / month
• $50,000 @ 55
• $20,000 @ 54

6. Asset Allocation
Suggestion from Vanguard
Bonds
40%
Stocks
60%
Our Suggestion
Stocks
40%
Bonds
60%