I think tied arrangements such as the one that Borneo Motors had with AIG is unfair to buyers of vehicles. In an open market environment, the customer should be given his own choice of insurer.
Unfortunately, due to the fact that we (my wife and I) wanted to buy the car from Borneo Motors, we had no choice but to insure our car with AIG when we signed the purchase agreement.
However, we reverted to NTUC INCOME once the first year's insurance expired. The reason is that NTUC INCOME offers a better deal.
More importantly, we would like to have an agent we can relate to and who has been providing us good service for many years now. It's a natural choice for us.
- ► 2013 (303)
- ► 2012 (1270)
- ► 2011 (1873)
- ► 2010 (2369)
- ► 2009 (1655)
- ► 2008 (2105)
- ► 2007 (1803)
09/03 - 09/10
- Customer wish to make a gift to a grandchild
- I repaired my new car at quality workshop
- Advice on insurance
- Wait for a better time
- More about structured products
- Similar plan from NTUC Income likely to pay 16.9% ...
- Thank you for supporting our insurance advisers
- Can I get out of this structured product?
- Vehicle Breakdown Assistance Service
- FAQ: Are the projections realistic?
- Our premium rates can be up to 30% lower!
- Shop around for your motor premium rates
- Did you get a satisfactory return on your matured ...
- Tied arrangement is illegal in New Zealand
- Did you get a good deal on your financial product?...
- Customer comes to us after the first year
- Most stockmarkets went up 8% during 2 1/2 months
- Our Flexi Link offers the best deal in town
- What is a professional?
- More parents now buy Ideal plan for their child's ...
- Enjoy the wonderful free service of the National L...
- ▼ 09/03 - 09/10 (21)
- ► 2005 (159)