Jonathan Chua

The insurance sector is grappling with the problem of mis-selling of life insurance policies. And, even the Insurance Regulatory and Development Authority (Irda) has asked for advertisements that clearly say the regulator does not announce bonuses. Potential buyers need to do their homework before buying any policy. It is always a tough job to choose the right one. What you need to do is be ready with a set of questions. For example, the first question to ask the agent is – Why should I should buy this policy? This is an important question because it tells you the sales pitch. If it is about saving tax and you don’t have a policy already, there is a case for buying. But if you do have one or more, there is no need to add. And, if the seller peddles higher returns, especially as the market is doing well, it’s best to avoid the policy. source>>

The ABCs of Buying Insurances in Singapore Insurance is important. What is more important is making sure you know the basics so that you can ask your financial advisor the right questions. DollarsAndSense.sg explains the fundamentals worth knowing. The basic idea of insurance is to have everyone contribute an amount and to pool it together into some sort of piggy bank. The piggy bank will be used in the future to pay for the cost of taking care of any of the contributors when he or she falls ill, or gets injured, or whatever else it is designated for. That’s the simplest way of looking at insurance. If you like to know what are the some of the “must-knows” of before buying any insurance, do read a previous article whereby we covered some of the key areas of insurances. r elated: A Must-Read Article Before Buying Any Insurance in Singapore The Myths and Realities of Insurance Insurance Industry Review By MAS: Is It Enough? The fine prints of health insurance Case Study:...

The Elite Club

Jurong West Branch May 2016

Home Is Where The Heart Is AXA's mission is to help customers live their lives with more peace of mind by protecting them, their relatives and their property against risks, and by managing their savings and assets. As a company whose business is to protect people, we have a responsibility to leverage our skills, resources and risk expertise to build a stronger and safer society. To achieve this mission, we are committed to redefining the standards of our business so that we truly differentiate ourselves and earn the trust of our key stakeholders. source>>