tag:blogger.com,1999:blog-7944902213075756335.post6204074117918400501..comments2024-03-29T19:12:08.223+08:00Comments on A Singaporean Stocks Investor (ASSI): Insurance agent told me I am a valuable piece of art.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-7944902213075756335.post-38376782848539823772017-10-14T15:44:14.402+08:002017-10-14T15:44:14.402+08:00Hi Veronika,
Always enjoy your incisive comments....Hi Veronika,<br /><br />Always enjoy your incisive comments. :)<br /><br />I accept that insurance is necessary but it doesn't have to be a necessary evil nor necessarily evil. ;pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-19987781517943586062017-10-14T12:33:00.360+08:002017-10-14T12:33:00.360+08:00The argument stems from "theory" of inco...The argument stems from "theory" of income replacement.<br /><br />"...You now earn 2x more than last year/month etc <br />You will need 2x more coverage, in the event that you<br />kick the bucket, your loved ones can continue with their<br />lives as though you were still around..."<br /><br />The aggressive ones will recommend 10x more coverage.<br />People with lazy ronhttps://www.blogger.com/profile/13885661137371524688noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-11596269157712129362017-10-14T10:06:49.571+08:002017-10-14T10:06:49.571+08:00Hi Laurence,
For sure, we do not need insurance f...Hi Laurence,<br /><br />For sure, we do not need insurance for everything in life.<br /><br />Knowing what we need and what we want will help us make the right decisions. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-89626048950932615702017-10-14T10:04:54.857+08:002017-10-14T10:04:54.857+08:00Hi Marcus,
It is not uncommon to hear insurance a...Hi Marcus,<br /><br />It is not uncommon to hear insurance agents telling their clients that they should up their life insurance quantum because their life is worth more as they advance in their careers. I have always found it rather strange that they should say that.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-53590338710878614452017-10-13T17:19:28.822+08:002017-10-13T17:19:28.822+08:00Maybe they are the 300 agents who defected fm GE t...Maybe they are the 300 agents who defected fm GE to AIA who now need meek sheeps to pay for their $100m bonus.<br /><br />Apparently, agents have now become very artistic. Maybe they've been attending auctions at Sotheby's or Christie's to learn the finer art of seduction (of sheeps). <br /><br />I don't walk into a wine shop and ask the proprietor whether I should buy the most laurencehttps://www.blogger.com/profile/00674907410230833403noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-30431896609739176422017-10-13T11:40:41.450+08:002017-10-13T11:40:41.450+08:00Hi AK,
Always love reading your post. Maybe you ...Hi AK, <br /><br />Always love reading your post. Maybe you misheard. Wasn't valuable piece of art she said, more like your valuable piece of f-art smells nicer to her. <br /><br />If our expenses/costs remain constant even though our income/net worth increases, why will we need more insurance coverage? <br /><br />Unless the insurance agent has much more to 'offer', otherwise doesn&#Mirage1981https://www.blogger.com/profile/06329941005951849220noreply@blogger.com