Personal Finance
“My Dad Was A Victim Of An Aggressive Sales Tactic.” Here’s What We Can Do To Protect Our Loved Ones.
By Seedly  •  June 6, 2019
My Dad Thought He Was There To Upgrade His Bank Account…

Having published an Email from our community with regards to sales tactics deployed by Bancassurance Specialists in December 2018, it did not take long before we received another of such incident.

We sat down with the Community member and his father over coffee, to understand the full story. We also managed to get the full permission to publish their story to help average Singaporeans should they be met with the same situation.

To have a deeper understanding of why certain actions were taken, we interviewed a few community members who were Bancassurance Specialists in the banks too.

Thanks for all the help guys! 

Rundown Of Event, Sales Tactics And Rationale Behind It

Before we go ahead with the coverage of the community member’s encounter, here are some pointers to take note.

The victim:

Is 62 years old Does not...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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