Thursday, April 26, 2018

Standard and specially designed insurance products

There are two types of insurance products. I classify them as follows:

a) Standard products offered by many insurance companies and are competitively priced, e.g. personal accident, motor insurance, property insurance, term insurance (covering deaths)

b) Specially designed products which are unique to an insurance company.

Which product should you buy?
Here are my tips.…

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