Insurance Noob

[tennisguy]

Hi,

I understand the need to buy certain insurance.

Such as Hospitalization and Critical Illness.

However, is it necessary to buy a retirement insurance?

On average, how much are the monthly premiums for a 30-35years old working adult

 

[akwl88]

Pls dont buy any retirement insurance. It only serve to benefit the retirement of your agent, not you.

 

[tennisguy]

Pls dont buy any retirement insurance. It only serve to benefit the retirement of your agent, not you.

Lol....

Why don't u say don't buy any Insurance as all benefits only thr agent and company.

 

[akwl88]

Lol....

Why don't u say don't buy any Insurance as all benefits only thr agent and company.

You can buy direct wo, no need through agent.

Max amt 400k

 

[Maeda_Toshiie]

Lol....

Why don't u say don't buy any Insurance as all benefits only thr agent and company.

H&S is the only strictly necessary insurance to buy. Everything else is optional and dependent on your circumstances.

 

[eternalxiii]

This message is not visible because akwl88 is on your ignore list.

akwl88's logic

Why need so many advisors? All resign with immediate effect, insurance all provided by government. No need invest by yourself, everything handled by government.

Why pay people when can get free advice? Go see doctor or lawyer should be free also. They help you recover fully or win the case then u pay. Never recover or lose the case can don't pay.

Private finance sector is worthless since they spend their clients' money on holiday trips, cars, and condos. Banks and insurance companies should all be dissolved.

 

[akwl88]

This message is not visible because akwl88 is on your ignore list.

akwl88's logic

Why need so many advisors? All resign with immediate effect, insurance all provided by government. No need invest by yourself, everything handled by government.

Why pay people when can get free advice? Go see doctor or lawyer should be free also. They help you recover fully or win the case then u pay. Never recover or lose the case can don't pay.

Private finance sector is worthless since they spend their clients' money on holiday trips, cars, and condos. Banks and insurance companies should all be dissolved.

http://dollarsandsense.sg/wp-conten...-Reining-in-unethical-insurance-practices.pdf

The Insurance Industry – A business of unethical profiteering?

 

[dendii]

Not necessary but you will need to start your retirement funds somewhere through investment on your own.

Hi,

I understand the need to buy certain insurance.

Such as Hospitalization and Critical Illness.

However, is it necessary to buy a retirement insurance?

On average, how much are the monthly premiums for a 30-35years old working adult

 

[vince123123]

Retirement insurance is a really a type of insurance (defined by payment upon a contingent event occurring) but more of an investment. If so, then best to skip it.