16 Sep '11, 12am

Tan Kin Lian on critical year option

Because of the critical year saga insurance companies capitalised on this to come out with limited payment whole life products. Does this benefit the policyholders? The answer is NO. Why? The traditional whole life already deprives people of the much needed coverage because they are very expensive. With limited WL it is even worse. Consumers have the mistaken idea that OBJECTIVE IS TO PAY OFF QUICKLY AND BE COVERED FOR WHOLE LIFE. 1.They have lost sight of the purpose of insurance..ie. to insure the risks they carry and to insure adequately and fully SO that they have PEACE OF MIND. 2.The objective is NOT to pay off quickly at the EXPENSE OF ADEQUATE COVERAGE. 3.They are told or made to beleive that they need to keep for whole life especially in old age. This will NOT happen becuase 99% surrender them before or at age 60. Why? they need money to retire. This is a priority ...

Full article: http://tankinlian.blogspot.com/2011/09/critical-year-poli...

Tweets

Critical year policy

thefinance.sg 16 Sep '11, 3pm

Many policyholders bought a “critical year policy” in the belief that they can stop paying premium after that period. They...

10 Concepts Critical for Aligning SEO to B2B Ma...

searchenginewatch.com 15 Sep '11, 1pm

Search engine optimization is a critical part of the B2B marketing mix. SEO ranked as the fourth most effective B2B market...

Diary of A Singaporean Mind - How people can ju...

singaporemind.blogspot.com 13 Sep '11, 12pm

Quite incredible how this type of incidents can happen and bureaucracy cannot make exceptions. Its amazing people apply ru...

Critical Illness Coverage Review

thefinance.sg 11 Sep '11, 3pm

After a discussion with a fellow blogger about Critical Illness (CI) coverage, I started to notice that many people (finan...

Critical List: Climate change kills jobs; makin...

grist.org 15 Sep '11, 12pm

says California's economy could take a hit in the hundreds of millions of dollars as climate change takes it toll. So real...

Graduates starting pay higher this year despite...

straitstimes.com 15 Sep '11, 1am

By Aaron Low, Economics Correspondent THE economic uncertainty has not stemmed the demand for local graduates, with firms ...

Honda re-entering minicar segment after four-ye...

green.autoblog.com 15 Sep '11, 1pm

reports that, after a four-plus-year hiatus, Honda will resume production of minicars (vehicles with engine displacements ...

SNA - Lee Kuan Yew: Stop at two policy nothing ...

Yahoo! Singapore News, 14 Sep 2011 The policy to encourage families to stop at two children in the late 60s "had nothing t...

Mitt Romney’s energy policy crafted by coal-fun...

grist.org 14 Sep '11, 4pm

It should surprise no one that Mitt Romney's pro-coal, anti carbon regulations energy plan was crafted by a coal zombie, b...

GOP Congress Has Made 125 Anti-Environment Votes This Year So Far That's a lot.

GOP Congress Has Made 125 Anti-Environment Vote...

treehugger.com 13 Sep '11, 5pm

Now the average citizen can do exactly that. If he or she cares to. Some Democratic staffers have compiled a searchable da...

10 ideas for a green school year -- @SJLocavore...

mnn.com 12 Sep '11, 8pm

Pack a no-waste lunch. Pack a lunch with no leftovers in food or packaging. Why use paper or plastic bags when you can sub...

SpongeBob in hot water from study of 4-year-olds - Yahoo! via @yahoosg

SpongeBob in hot water from study of 4-year-old...

sg.news.yahoo.com 12 Sep '11, 11pm

CHICAGO (AP) — The cartoon character SpongeBob SquarePants is in hot water from a study suggesting that watching just nine...

AKB48's Indonesian sister group JKT48 to debut at the end of the year

AKB48's Indonesian sister group JKT48 to debut ...

channelnewsasia.com 12 Sep '11, 10am

JAKARTA: Popular Japanese girl group AKB48 is preparing to welcome the birth of their Indonesian sister group JKT48, a gro...

Guide To Linkbaiting: The Year Of Widgetbait? v...

searchengineland.com 10 Sep '11, 8pm

As linkbaiting enters its third year, it makes sense to revisit the topic and discuss how to succeed in 2007. The linkbait...

U.S. Fish and Wildlife Service Surfs Into Cruel Cat Policy on Your Tax Dollars- PLEASE SIGN PETITION

U.S. Fish and Wildlife Service Surfs Into Cruel...

care2.com 10 Sep '11, 8pm

U.S. Fish and Wildlife Service Surfs Into Cruel Cat Policy on Your Tax Dollars- PLEASE SIGN PETITION ! U.S. Fish and Wildl...