27 Aug '16, 3am

Protecting My Family & Me: How much Insurance Coverage do I need? A FREE Resource

Protecting My Family & Me: How much Insurance Coverage do I need? A FREE Resource

Most representatives obtained information on the shoppers’ personal particulars and employment but other pertinent information such as the shoppers’ investment experience, financial objectives, risk preferences and financial situation were less frequently gathered The top three categories of products recommended were endowment insurance policies, unit trusts and investment-linked life policies. Almost a third of the product recommendations were assessed by the industry panel as unsuitable . The main reasons cited were that the products recommended did not match the shoppers’ financial objective or their stated investment horizon.

Full article: http://investmentmoats.com/budgeting/insurance/protecting...

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