Suzy Orman and Life Insurance agents

Suzy Orman does not like life insurance agents. Watch this video for the reasons.

Life insurance - its useful role

Most of the life insurance policies sold in the market in Singapore are bad for consumers, as they take a lot of money and give a poor yield. But life insurance, as a tool for managing personal finances is good, provided that is is designed to give a fair yield to consumers. It has to be sold directly. See this article.

Find out more about the flexi-life policy in www.easysearch.sg/life21. You can also generate a financial plan and watch the tips on financial planning and insurance.

Motor insurance with Direct Asia

I recommended a friend to check with Direct Asia on the motor insurance for her car. She obtained a lower quote than her existing insurer and moved to Direct Asia. She found their service to be excellent. She preferred to deal directly with the insurance company, rather than go through an agent. See: www.directasia.com

The Absurdity and Surrealism of the Warrior Special Offer Forum | BusinessAndLegal.ie

Because as I write this a cursory glance at the threads on this “sub-forum” will offer you a good look at the triumph of hope and greed over good sense and even the most basic ability to think straight.

If you want  “to make $3,000 per month with a simple Facebook account”, “465 dollars in 4 hours”, “$25 and less than 1 hour worth of work, replaced my weekly salary”,”$2,000 in 30 minutes? No way”, “$2,550 in One Week..double money guarantee” then the Warrior Special Offers forum is for you.

But before you click away from this site to mine the new riches that can be yours with a simple mouse click, 20 minutes work and an internet connection lets get this straight..

1.       Some genius has discovered an ingenious way to turn the world wide web into his private ATM machine;

2.       It will only involve an investment on your part of $7, $17, $27, $37, $47 and four hours of work per week(or 20 minutes daily if you prefer);

3.       And he/she is prepared to give you this ball breaking information immediately if you whip out your credit card and hit the “Buy Now” button.

Let me ask you one simple question.

via businessandlegal.ie

Professional Quality Web Content From A Real Professional | BusinessAndLegal.ie

You are about to discover how to obtain professionally researched,superbly written,book quality unique content which will drive more traffic,build a loyal, engaged readership for your site,attract new clients/leads and much Googlebot love..

Hello
My name is Terry Gorry and as well as running this site in my spare time, I provide a bespoke, professional content creation service to many satisfied webmasters and online entrepreneurs.

I supply unique, informative, professionally researched, entertaining and informative content to discerning webmasters in need of unique, quality content.

I am a lawyer, accountant, offline business owner for 24 years, company director and online business owner with a stable of my own profitable niche websites.

What Can I Give You?

• Web content? Yes

• Articles for article Directories? Yes

• Short Reports? Yes

• White papers

via businessandlegal.ie

Competing with the experts

When a consumer buys insurance, the consumer has the compete with the insurance experts, e.g. the actuaries, on what is a fair price for the insurance protection. The insurance company will naturally want to make a bigger profit, if they can, and will charge more to the consumer for the protection. There is no way that the consumer can compete with the insurance company as they have the statistics and the expert to do the calculation. The unwary consumer is likely to pay too much and get a bad deal.

The best protection for the consumer is:

• Deal with an insurance company that is pro-consumer, i.e. they will charge a fair price. An example is an insurance company that is not profit-driven. Today, it is difficult to find such a company in Singapore.
• Buy a standard insurance policy that is offered on similar coverages by several companies. The market competition will force the company to lower their margin and make a modest profit. Examples are term insurance, motor insurance, personal accident insurance and fire insurance.
• Avoid a specially designed product, under an exotic name, that is marketed to you by an insurance agent, adviser or consultant.  This applies especially to a life insurance policy that combines protection with investment of savings. You can be sure that this policy cannot be compared, and is likely to be highly priced to give a big margin to the agent and the insurance company.

Tan Kin Lian

Accept low yield or take market risk

We are in a period of low interest rate. Consumers should accept this low yield and do not be greedy. If you want higher interest rate, take the risk of investing in an indexed fund, comprising of equities. Accept the volatility and average out the good and bad years.

The worse investment decision is to buy structured products or unregulated products that seemed to promise high yield. The investor is likely to fall into a trap from cheats and scams or from financial institution that take off a large margin on the structured products and do not tell the real risk of these products.

Do not believe any marketing person who assure you that you can get a good return without risk. They are likely to tell you a lie. When you find out later, you are not able to hold them accountable, as they will deny the statement.

You should read my book, Practical Guide on Financial Planning or attend the educational talks organised by FISCA. If you do not put in the time to be educated, be prepared to lose a lot of money from bad investments!

Tan Kin Lian