Indubitably one of the hottest topics surrounding Singapore’s General Elections 2011, cost of living appears to be one of Singaporeans’ top concerns. “Insurance” has also been used quite prominently as an analogy.
Naturally, political parties, the incumbent and opposition alike, have made it a point to address such issues amidst the lead up to Polling Day on May 7.
With local politics and personal finance two of my favourite interests, a post on the matter is inevitable.
Whenever “cost of living” is brought up, people start to talk about the high housing prices, escalating costs of food and the rising transportation fares. While these are certainly necessities, it appears to me that people have forgotten about one necessity – insurance. It seems that most Singaporeans do not know they are overpaying for insurance that are under-insuring them.
Far from being just a analogy for an opposition voice in Parliament, insurance ...... Indubitably one of the hottest topics surrounding Singapore’s General Elections 2011, cost of living appears to be one of Singaporeans’ top concerns. “Insurance” has also been used quite prominently as an analogy.
Naturally, political parties, the incumbent and opposition alike, have made it a point to address such issues amidst the lead up to Polling Day on May 7.
With local politics and personal finance two of my favourite interests, a post on the matter is inevitable.
Whenever “cost of living” is brought up, people start to talk about the high housing prices, escalating costs of food and the rising transportation fares. While these are certainly necessities, it appears to me that people have forgotten about one necessity – insurance. It seems that most Singaporeans do not know they are overpaying for insurance that are under-insuring them.
Far from being just a analogy for an opposition voice in Parliament, insurance ......
