Saturday, June 23, 2007
Ah! Finally finished a month of administrative work at Prudential.
It truly was an eye-opener, allowing me to understand this business better. And here are some thoughts:
1. Most Singaporeans or all, have insurance. True. But they are still underinsured.
2. Investments are usually making money. True. Many of my manager's clients have over a 100% return in just 2 or 3 years.
3. Important to buy the right insurance and probably die at the right time. True. A deliveryman once had absolutely no insurance but personal accident cover with various banks that he had credit with. He passed away due to a road accident while on a motorcycle. The widow managed to claim over $800,000, $100,000 each from 8 banks.
思念是一种病 {3:05 pm}
