Perhaps that you do indeed have evidence that they are going to raise the premium but I am sure you do have similar information about how the industry is making a loss in motor insurance. Its a industry wide problem. Motor claims has been going up.

Similarly for Incomeshield, inflation has been going up and healthcare costs have been on the rise too.

While I do not claim to be an expert, but motor and health insurance seem to be a form of risk sharing (rather than risk transfering). You have a group of people coming together to share the risk. If the cost of goes up, each member in the group have to contribute more to the fund. This is unlike a state welfare where you just pay a minimum and enjoy unlimited care (whether cost goes up anot, you still pay the same)

While everyone will love the premium to be the same (or even lower), sometimes it is not realistic. If Income try to keep premium constant while the cost keep goin up, it will go kaput soon. In a way, it is worse off for anyone.

Btw, i not sure how the premium increase is linked to the bonus cut after all, you are talking about general insurance and life insurance. If i not wrong, they are run as different business so based on this logic, they are not related. It is just like saying that NTUC Fairprice increase their prices because NTUC Income spend $2k each for their chair

Does it mean that if no one is asking for the whereabout of the terrorist, it means we will forget about the incident and all will be well?

I remember that the Home Minister promises that he will capture him back. But how long is long and how short is short. Afterall, shouldnt someone be accountable for not capturing him within a defined period of time.

I am willing to forgive them for all the mistakes made leading to his escape, even though I personally doubt the credibility of reasons given in the report since I sensed a lot of ‘hidding’ - why a lapse of 4 hours before making the public aware of this? Why the media never questioned how the terrorist escaped within 24 hours of the incident? why was he limping and later not? why…..?

I feel I am living in danger because he is still out there. The Home Team really need to buck up and remove this clear and immediate danger.

We must put out flyers to advertise TOC to common folks and students too. Mailboxes are the best way to get to all of them. Everyone check their mailboxes at least once a week. The cost of printing is really cheap just time to cut the flyers out.

I am sick of MSM and wanted sinkies to know the real Singapore. There is no more Singapore Dream but nightmare in the making, This gahmen has failed to be the people ’s mandate anymore. Everything is about $$$$$ not about the people’s needs and welfare at heart. Look at the MPs we have and many of them hold numerous directorship in many companies and how could they ever find time for common folks. It is really sad that my country has to go so low in dishing out PR/citizenship to any interested china and india citizens that met minimum requirements at airport. How cheap can my citizenship goes? Tell me PM Lee how cheap you want us sinkies to feel? What pride and honour is left in this pink IC of ours?

Indeed, time has changed, our gahmen has changed and the people are still being left behind. I wish the opposition can be united asap to be a People Opposition Front to counter the Pappies and remake a new future for singaporeans free from the broken down old machinery that has obviously broken down many times just our MM said dont mess it if nothing is wrong, i say everything is wrong about this machine!

FG

My statement about the bad products sold by the financial services industry does not imply that all products belong to the category. There are some exceptions.

I do not wish to imply that the new products, such as revosave and vivolife of NTUC Income give poor value. I do not know the details about these products to make an analysis.

I welcome any well qualifed adviser to send me an e-mail to outline why it is good value to buy these products. I will give my objective analysis and post it in my blog. I also give the right of reply.