The problem with ING is their overall limit which is too low considering the rising cost of inflation and medical treatment.

Sounds good. But i also know that behind these benefits are always loopholes e.g terms n conditions. I havent had the chance to look into your latest package. As such i can only comment on the previous one. I was looking (and analysing) Prudential, AIA and ING since early this year but i found ING to be lacking in more areas compared to AIA and Prudential. There were many 'hidden' terms n conditions. On the surface, most insurance policies look very good but u always need to look into the details n fine print to know what ure really getting.

Even the critical illness for instance, most ppl only know about 32 or 36 ilnesses that are covered. But what ppl dont know is that even with these critical illnesses, there are terms n conditions. Not everything under these critical illnesses are covered. There are many terms n conditions to be met before a payout for a critical illness can be granted.

These are normally NOT told by the agent upfront. You have to be smart enough to analyse and ask the right questions.

Yes i agree with you. As i have said in an earlier post, there is no such thing as a perfect insurance policy. Every policy has its loopholes and hidden terms. What suits 1 person may not suit the needs of another.

When i say 'hidden' i mean that these are not revealed by the agent during the initial discussions. Just like what ure doing now. Ure saying ING is good because of all these positive factors but none is mentioned about the 'terms n conditions'. Of course im aware that everything is mentioned in the final policy but normally by that stage it is already too late to turn back e.g the client is already convinced that he/she should go ahead with this particular insurance after spending time in various rounds of discussions and in some cases a medical checkup.

If insurance companies want to be totally open, these so called 'exclusions' can be provided in a brief listing which can be shown to prospective customers during the inital discussions. But this does not happen simply because you do not want to scare potential clients off. Simply marketing strategy. Same goes for any other products not just insurance.

In my 6 month effort to find the 'best' insurance policy i made it a point to speak to at least 2-3 agents for EACH insurance provider simply because different agents provide you with different info and different perspectives. Plus its always good to double check every piece of information you get.

(p/s: On a lighter note, i test drove my car 7 times in 4 states over a 6 week period, carefully selecting the showrooms, just to test the car under different driving conditions before i finally bought it. . Did roughly the same thing with my 1st property purchase too. That should give you an idea of how meticulous i am when it comes to investing in something)

Cheers!

Gavin,

I think you are not understanding the issue at hand. Why are u being defensive? Common man. Grow up. U aint a kid. All i said was read the terms n conditions before implying that all fine with a particular insurance. Its more of an advise to other consumers here based on my own experience. If i was an insurance agent, my response would be yes there are terms n conditions but you are most welcome to discuss these terms with me before we go further in our discussions. Rather than go to the extent of trying to make me look bad (which only worked the other way).

You dont have to give a long story as what u claim. It can be a simple 2 page dot point summary of the exclusions for critical illnesses. No big deal right?

And, did i mention anywhere about asking 1 agent to comment on another company's bad points? So dont assume.

I am refering to face to face discussions. Even with these discussions, no agent will ever list down the exclusions unless you specifically ask for them.

Of course im aware of the 15 day free look. Didnt u read wht i said? I said at that stage very few consumers will turn down the proposal because they have already gone thru the hassle of the discussions, medical check up, etc. They would prefer to just go ahead and get it.

Exclusions are not bad points. So please dont compare with an interview. Most insurance companies have the same exclusions with some plus n minusses. So dont turn it around and make silly comparisons.

U obviously do not have the maturity to deal with difficult consumer queries unlike some other agents here in this forum e.g Chew Ronnie. You just whine and cry when someone points out the no so good side of ING. If u dont appreciate negative comments then dont advertise your proposals here. Agents like you are the ones who give insurance companies a bad name. Accept constructive critisisms. Im not talking rubbish. Grow up while u still have the time.

Cheers!

The idea of going to different showrooms is to test the car under different road conditions e.g rough road, uphill, downhill, with full load, rainy conditions, etc. The advantage is i have not regretted my purchase in any way since i knew exactly what i was getting. After 7 years my car is in perfect condition with zero problems.

Of course i know of many others who didnt go thru 7 test drives and yet got good cars as well but this is my style and it has worked perfectly well with me. Thru this type of scrutiny, I have a relatively good car, i got among the best home loan packages last year, my 1st property value has appreciated 43% in 1 year, i have a great job and i have quality investments in other sectors.

U cant analyse everything and ull never get anything perfect in life but i am a believer in minimising risks. Same with insurances.

Cheers!

U still dont get wht im trying to say eh? Why dont u go and read all my posts instead of shooting blanks? Read and understand yourself. I aint some dumbo to not know how to word my sentences.

Can u post the brochure for the 10X lifetime limit package?

The co-insurance can be easily covered by the daily cash allowance. So no issue there.

yes i agree. Ive analysed Prudential, ING and AIA and none of them carry a clause saying your premiums can be adjusted based on your claims. This is utter bullshit.

No such exclusions in Prudential. Im not an agent by the way.