Be smart when buying financial products in Singapore

We’ve all been there: You are in a mall when an insurance company employee manning a roadshow booth approaches you and asks if he can do a short survey on banking needs.

As you are not in a rush, you agree and he starts with a series of questions about your bank accounts and saving habits. But he suddenly veers into queries on endowment savings plans, and it dawns on you that you are on the end of a sales pitch with no obvious exit strategy.

Please subscribe or log in to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

Join ST’s Telegram channel here and get the latest breaking news delivered to you.

Source: Read Full Article