HDB Hub, Toa Payoh
Saturday 9 Jan 2016
Time 2 - 5 pm
Venue: Bedok Room (HDB Hub Basement 1)
Duration - 3 hoursFee - $10 (FISCA member) $30 (public)
Outline of the Talk
1. Tips on Financial Planning
2.How to invest your savings
3. Life insurance and structured products
4. Buying insurance-managing risk
Profile of the speaker
Mr. Tan Kin Lian started work in 1966 and qualified as an actuary in 1975. He joined NTUC Income in 1977 as the general manager (later re-designated as chief executive officer) and retired after 30 years. NTUC Income was a leading life and general insurance co-operative in Singapore.
1. Tips on Financial Planning
2.How to invest your savings
3. Life insurance and structured products
4. Buying insurance-managing risk
Profile of the speaker
Mr. Tan Kin Lian started work in 1966 and qualified as an actuary in 1975. He joined NTUC Income in 1977 as the general manager (later re-designated as chief executive officer) and retired after 30 years. NTUC Income was a leading life and general insurance co-operative in Singapore.
He is now the President of the Financial Services Consumer Association (FISCA), a non-profit organization formed to educate the public on financial planning.
Mr.Tan, please let your audience know that there are 3 portals from which they can buy insurance(wholelife, endowment etc) free of commission or at rebate of 30% from the commission.
ReplyDeleteThey are
1.www.compareFirst.sg ......no commission...only whole life
2.www.DIYinsurance.com.sg by Providend for all insurance products with 30% rebate in the commission.
3. www.insurance@FSM by Fundsupermart for all insurance except shield plans.....with 30% rebate on commission
Consumers should buy directly from these companies and NOT to be plundered by insurance agents or at the roadshows.
Yes, I strongly recommend that consumers explore the above websites when buying life insurance. Why?
ReplyDelete1.Why should consumers pay commission or high commission when they don't get advice or get rotten advice.
2.Most (not all) insurance agents are just salesmen and some are conmen and women who are only interested to con you of your money and not advising in your best interest.
Pay heed to the warnings by "dollar and Sense' recent article in the Yahoo.