Money Mind

General Category => The Common Lounge => Topic started by: Arctic on Aug 20, 2024, 11:04 AM

Title: Insurance agents horror stories
Post by: Arctic on Aug 20, 2024, 11:04 AM
I rmb I got my first accident policy from a fren's brother just before I enlist. I was accident prone and I thot I should be more responsible at that age.

However after I ord and started working, that policy become redundant and I requested to cancel it

Know what my agent said? He say just dun pay the premium and the policy will auto terminate in due course. I was like wtf?! That doesn't sound like the proper way to do it and I don't want to spoil my own name in that industry

I insisted he pass me the termination form. In the end he came over to my house and proceeded with the termination

Fucked up
Title: Re: Insurance agents horror stories
Post by: Arctic on Aug 20, 2024, 11:07 AM
I had several policies and several agents. Know what? All of them quit along the way

Funny thing is, the agents who took over my policies stayed on til now. Those who I met up with but din buy from them also stayed on in this line..
Title: Re: Insurance agents horror stories
Post by: Arctic on Aug 20, 2024, 02:19 PM
All your agents so good ah?!? Knn
Title: Re: Insurance agents horror stories
Post by: daryl76 on Aug 20, 2024, 09:01 PM
most agents just start distancing from u the moment u dun buy new policies from them

even friends, scums
Title: Re: Insurance agents horror stories
Post by: 雨过天晴 on Aug 20, 2024, 09:18 PM
i got no agents

i only receive letters from ntuc to say pls pay moolah

hospitalization claim just give provider and nric to gahment hospital

the other insorlan i have is saf 1 is auto pilot mode

so i am jin happy no1 disturb me lols
Title: Re: Insurance agents horror stories
Post by: Risa on Aug 20, 2024, 09:40 PM
dont buy from relatives or friends

when $$$ is involved, smlj also can happen especially they know u personally, they know your soft spots

end up u stuck with useless plans while they either huat big from commissions or they run road aka quit the industry

Title: Re: Insurance agents horror stories
Post by: Arctic on Aug 20, 2024, 09:55 PM
Quote from: Shiori on Aug 20, 2024, 09:40 PMdont buy from relatives or friends

when $$$ is involved, smlj also can happen especially they know u personally, they know your soft spots

end up u stuck with useless plans while they either huat big from commissions or they run road aka quit the industry



It depends. Also, when young that time also duno anything, be it the policies or buy from frens and relatives
Title: Re: Insurance agents horror stories
Post by: 雨过天晴 on Aug 21, 2024, 01:49 AM
heng i sexpert i unfriend if they become agents jitao ignore msg and block  :crazy:
Title: Re: Insurance agents horror stories
Post by: Suntan on Aug 21, 2024, 11:25 AM
All agents r just salesmen. Car agents, Insolent agents, property agents, labour agents....etc
Get commission but shortchange. Moi dont trust them at all. Unfortunately regulators r under our leaders for GDP, conflicts of interest gao gao....
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