Speaker's Corner, 13 September 5 p.m.

The Online Citizen is organising an event as follows:

Topic: Public Transport in Singapore

Venue: Speaker's Corner, Hong Lim Park

Time: 5 p.m.

Date: Saturday 13 September, 2008.

Agenda: Speech by 4 speakers on the topic

A paper on proposals to improve the public transport will be handed out.

Project 11-11-2008

My target is to achieve 500,000 visitors to my blog by 11-11-2008.

The sitemeter shows 430,484 visitors as at 11 Sep 2008. The average visitor per day is 1,137.

The projected date to achieve the target of 500,000 visitors is 11 Nov 2008 (based on average of 1137 per day). We are right on target ... exactly to the day!

Today is the 7th anniversary of 9-11 terrorist attack on the World Trade Center in New York.

Ask the agent

Many readers dare not ask the agent to explain the key questions. They are confused by the explanation given by the agent. They sent an e-mail to me for advice.

My usual reply is:
> The agent can earns $1,000 or more to sell a life policy to you
> The agent has a duty to explain the product clearly to you
> You should ask for explanation on the Benefit Illustration
> Ask for the explanation in writing
> You should never buy the product, if you are not clear about it

> I am not able to give personal advice to you
> You have to make your own judgement

Advice from my blog and website

Hi Mr. Tan,

I have been reading your articles on the high costs of whole life insurance. Could you help to comment on the below quotations from Income for a 10 yr and 20yr Vivolife policy? I would like to know the explanation of distribution cost and effect of deduction using the below.

(Details removed)

REPLY
My advice is given in my blog:
http://tankinlian.blogspot.com/2008/09/advice-on-vivolife.html

Please read my blog and website for the information:

http://www.tankinlian.blogspot.com/
http://www.tankinlian.com/

Insurance companies: commitment and transparency needed

Here is a letter printed in The New Paper:

http://tnp.sg/speakup/story/0,4136,176036,00.html

Free Public Transport

This article describes cities that have free public transport:
http://en.wikipedia.org/wiki/Zero-fare_public_transport

A friend, who sent the information to me, confirmed that the information on Auckland is true:

Auckland, New Zealand
A free CBD loop service links the ferry terminus, railway station, universities, theatres, casino, galleries and shopping districts using hybrid electric buses. It operates from 8am to 6pm, 7 days, at 10 mins interval, but not all buses are hybrid.

The quality of service is quite good, although it does get crowded at certain time, eg. school hours, lunch time, etc.

World Class Public Transport System

Read about my suggestions to improve the public transport system in Singapore, and comments from other readers as follows:

http://theonlinecitizen.com/2008/09/ptw-from-third-world-to-first/#comment-20915

Inadequate cash value

Dear Mr. Tan,

Thank you for telling us about the special report in The New Paper. I surrendered my life policy recently and received a refund that is much lower than the premiums that I paid. I have written to MAS to ask them to take up the case with my insurance company. I hope that they will act. Do you think that the insurance company will pay more to me?

http://tankinlian.blogspot.com/2008/09/new-paper-truth-of-life-insurance.html

REPLY
Let us wait for the reply. Wish you all the best.