Mr Tan Kin Lian wrote another ebook about life insurance planning for Singaporeans. In the introduction, he said that,

For most working people in Singapore, the difference between the right and wrong choice can amount to more than $200,000.

To some, it might be a bold statement. But I think he has a case as he backed up the claim with figures in this ebook.

The ebook would teach you how to determine the amount of insurance premiums the insurance company and agent are pocketing from you. He found that such costs can range between one to two years’ of premiums. It is hence important to know if you have been ripped off. He deemed that the deduction should not be more than 20%, but first, you must first learn to look at the right numbers to determine it.  The key is to look at the Benefit Illustration and he ...