Consumer needs advisers

MR TAN Kin Lian ('Why insurers, agents may turn a deaf ear to SM Goh's appeal'; yesterday)

is jumping to the conclusion...

His letter would carry more weight if...

He should also not make the generalisation that...

Pearlyn Koh (Ms)

http://www.straitstimes.com/STForum/OnlineStory/STIStory_596057.html

My view

I hope that one of my readers will write a rebuttal to this letter. There are countless cases where the adviser can take advantage of the ignorance of the consumer to sell the the wrong product that takes away a large part of their savings - so that the adviser can earn a large commission.

Further note
I have written a reply to Ms Pearly Koh's letter. Watch out for it in the ST Online. I will publish my reply in my blog in 3 days time. Still, I hope that other readers, especially those that have been misled by insurance advisers, will write in to reply to Ms Pearlyn Koh.

Minister's $8 bypass operation

There are two interesting blogs about the Minister for Health's $8 bypass operation.
Singapore General Election Portal

SM Goh and Term Insurance

Here is the text of my letter to the Straits Times in response to SM Goh's call to life insurance companies to sell term insurance. The editor made some editorial changes to the published letter.

2D

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Prefered browser: Internet Explore

Goh Meng Seng and Election

I want to introduce Goh Meng Seng to you. He helped me in Hong Lim Park with the Chinese version of my speech. He will be standing for election under the National Solidarity Party. Read his interview in
Singapore General Election Portal. He is socialist in his approach - and so am I.

Issues for the general election

For a summary and update of the issues that are relevant to the coming general election in Singapore, do visit this website daily. Bookmark it.
Singapore General Election Portal 

What needs to be insured?

Know what needs to be insured and avoid paying premium for insurance that is not really needed or takes away too much of your money that should go into personal saving. Use this knowledge to test if your insurance agent is looking after your interest or his own commission.

Ask Mr. Tan