Tuesday, October 26, 2010

More Singaporeans covered by health insurance

http://www.channelnewsasia.com/stories/singaporelocalnews/view/1089413/1/.html

Why mortgage insurance is so important

A mortgage insurance ensures that the owners or occupiers of the property
can continue owning the house despite the occurrence of a catastrophic event.

Why insurers, agents may turn a deaf ear to SM Goh's appeal

If an insurer or its agent can earn so much by selling a whole-life or investment-linked policy,
why should they want to sell term insurance?
If MAS wishes to give better protection to consumers,
it should carry out a survey to find out
if the consumers are being given the proper advice and being charged fairly
on the life insurance products.

Tan Kin Lian
http://www.straitstimes.com/STForum/Story/STIStory_595625.html

Higher inflation and higher interest rate

This article explains that the prospect of higher inflation and higher interest rate in the near future. With higher interest rate, you will have to pay more for your mortgage installments. Be careful.

http://www.bloomberg.com/news/print/2010-10-26/bernanke-s-next-round-of-asset-purchases-risks-jimmy-carter-like-inflation.html

Getting Revenge Against Your Insurance Company

A new Accenture survey suggests that insurance fraud may be how some consumers
retaliate against poor service from insurance companies.

Insurers' barriers to health protection

 
I TOTALLY agree with Senior Minister Goh Chok Tong's call to insurers
("Keep insurance affordable: SM Goh"; last Saturday),
so that Singaporeans are not under-insured.
Insurers have put many obstacles for Singaporeans to be sufficiently insured,
especially those with less than a clean bill of health.
I have been insured with NTUC Income under the Basic Medishield plan, but realise that...
Victor Goh
http://www.straitstimes.com/STForum/OnlineStory/STIStory_595122.html

Big banks and Europe

Too big to fail? Europe is facing problems with some  big banks.
http://www.bloomberg.com/news/2010-10-25/four-banks-should-plan-to-bail-out-of-europe-commentary-by-matthew-lynn.html