According to a survey done in the United States, financial advisers often do not discuss life insurance with their clients. According to the study, 47 percent of U.S. adults who have a financial adviser and have life insurance said their advisers have never reviewed their existing life insurance policy with them. There is no similar survey done in Singapore but we can infer that this is also the case. As at 4 August 2011 statement, LIA statistics shows that out of $2.34 billion paid to policyholders and beneficiaries, only $218 million were death, critical illness or disability claims. This means insurance payout was only 0.218/2.34 = 9.3% of the payment......