Better conduct in insurance sales in Singapore is for long-term protection

Quick Summary:

The standards of insurance intermediaries have improved over the years, but gaps exist.

These middlemen can be very helpful to consumers who can get bogged down by the many terms and conditions of policies they are interested in, be it a whole life participating plan, a yearly renewable travel policy, or a short-term endowment plan.

The insurance industry is highly regulated and the penalties for mis-selling can cause much pain.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Insurance Consumers Financial Life Medishield Products Singapore Sell Banks Industry Plan

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-24 @ 05:00:00 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 1036 words

Reading Time: 6 minutes read

Sentences: 54 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 23782414

View Article Analysis

About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 5 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 4 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #25

Publisher Details

Frequently Asked Questions