Monday, August 19, 2013

Different focus of financial talks

Many people attend talks on financial planning and insurance conducted by the financial advisers or insurance companies.

In this talk, the speaker will explain the importance of life insurance for risk management and for accumulating savings for the future. These concepts are correct.

However, the speaker will not mention one very important figure - one that can cost a few hundred thousand dollars to the consumer. This figure is shown in the benefit illustration. What is this figure?

Always remember. When you listen to a speaker, you should ask - is this speaker giving me the honest truth that benefit me, as a consumer, or are they hiding the essential facts?

If you want to know the essential facts, you should attend the talks given by a consumer-based organization - www.fisca.sg/events.

If you fail to act on this advice, be ready to lose a lot of money that should be accumulated for your own future!

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