Personal Finance
Electrical Appliance Fire: Who Will Compensate?
By ValueChampion  •  June 17, 2022
In 2021, SCDF reported that electrical fires are the second leading cause of fires in Singapore and there is a 2.79% increase since 2020. With the prevalence of online shopping and the myriad of brand-new electrical appliances to choose from, safety should be one important factor when purchasing an electrical appliance online. Recent news of a massage gun bought from a well-known online retailer catching fire sparked interest online. Coming out of this unfortunate event, the customer was only able to get a refund and no compensation for the furniture damage as of now. Platform Liability – Can You Get Money From The Platform? In the event that something similar happens, the online sellers and platform will only refund the cost of the product or do an exchange. Terms and ConditionLazadaShopeeQoo10Limitation of LiabilityDoes not extend to any loss or injury to a person or loss or damage...
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By ValueChampion
We distill sprawling marketplaces—for insurance, credit cards, bank accounts, and more—down to choices that represent a sweet spot for value—as in offering the features, returns, or experience we think you need for the smallest outlay. We ask: Is the return on a particular purchase or decision worth the cost or risk of that option, and how does the choice stack up against other options?

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