Friday, May 26, 2017

Is policy A or policy B better?

I have often been asked for my views on whether policy A or policy B is better. The implicit assumption is that the consumer have to buy either A or B. It is like having to pay tax, i.e. they have no choice.

The consumer is asking the wrong question. A better question is - how should I plan for my future and to protect against the risk of premature death (by accident or illness) and to have sufficient savings for my retirement.

The answer to this important question can be obtained from:
http://www.fisca.sg/ArticleDisplay.aspx?ID=484

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