Insurance
Health Insurance 101 – Putting the Fine Print Under the Microscope
By iMoney - Singapore  •  August 12, 2014

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The world as we know it gets stranger every day. For instance, there was a time when the term ‘insurance’ was a bastion of hope and did not evoke feelings of mistrust and paranoia. Well, the truth is that words are merely a construct of our minds and only hold as much weight as we assign to them. The reason why some people scoff at ‘insurance’ today is because it has been hijacked by cunning financial institutions that only market what the customer wants to hear and ensnare their customers into rigid contracts with unfriendly terms and conditions.

For years, numerous insurance companies have engaged in this greed-fueled deceit by leveraging social engineering and utilizing legal loopholes to screw people out of their payouts. So how do they get away with this? The answer is simple – fine print. Yes, the unsuspecting and not-so-important looking wall of text that often ...

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By iMoney - Singapore
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