An Open Letter to the Insurance Agent(s)
(A letter to all the insurance agents I’ve ever encountered and what I wish I could tell them.) Dear insurance agent(s), Please stop hounding us at MRT stations and bus…
Browsing Tag
Insurance
76 posts
What’s the BEST insurance plan? (And how you can DIY)
I think it goes without saying that the current framework and service standards in Singapore’s insurance industry is SORELY lacking when it comes to addressing consumer needs. That’s why many…
Is Home Insurance Really Necessary?
Considering how you already have to pay for your mandatory HDB fire insurance (or even a mortgage fire insurance as well, for those of you on a bank loan), do…
What Are The Top 5 Insurance Plans That You Should Get For Your Child?
For those of you who know me, it is no secret that I am a big advocate of insurance. In fact, I see it as a non-negotiable purchase in our…
Should I Buy Maternity Insurance When I’m Pregnant?
The latest and most comprehensive list of maternity insurance plans offered in Singapore (2018 edition). I compared between the 7 plans that I considered during my pregnancy term and spoke…
Is the motor insurance industry headed down the same path as healthcare?
The same warning signs that led the state of our healthcare insurance to what it is today has also just appeared in the motor insurance industry. What’s going to happen…
How much commissions do insurance agents earn?
Everyone’s talking about how a former AXA Life Insurance agent, RameshKrishnan, has been awarded $4 million in damages. High Court Judicial Commissioner George awarded this based on the establishment package offered by Prudential:…
Common Misconceptions about Term Insurance
There isn't much information about term insurance plans available to consumers as few insurance agents will sell this type of plan, with most preferring to sell life or investment-linked plans…
Term vs Life Insurance (in ILPs)
Yesterday, I detailed why I cancelled my ILP despite suffering a high 4-digit sum for early termination. It was a mistake I made as a financial noob years ago, when…
Why I Cancelled My ILP (Investment-Linked Policy)
How should I read the numbers on my Investment-Linked Policy (ILP)?I lost more than 2 months worth of salary to learn this important lesson: when insurance and investments are bundled…