Many people say they invest their money. When i ask most of them, they would say they have investments in bank products, unit trust or investment linked policies. When i probe further and ask why did they invest in it, they would say because my financial advisor recommended it to me. Or they would say that guy in the bank asked me to buy it saying the returns are higher.

What is a common sales pitch from insurance agents?

You would be familiar with this phrase:

"Why put your money in the bank when you can earn a higher return if you invest in this product?"

Sounds familiar? I've heard it countless of times.


There is nothing wrong with this sales pitch. The problem is that most people do not have enough knowledge of a product before putting their money in it. They choose to trust the professional advise ......