lol. do u find agents irritating eh, especially when they stand
at mrt and stop you to try to talk to you when they see you, or you
received a call during the day from an agent, wanting to talk to
you on insurance polices.
last week or so, received a call from a young ger from AIA
during the day, told her straight I am not interested and she said
ok thank you. I felt bad rejecting her so upfront.
Those are mainly Pru or other bank/insurance agents..I would say
mainly Pru. Yes, they will tap your shoulders, etc..after you walk
far away..they still call you. Sometimes I want to slap the
gal.
Because they were very rude.
Anyway IFA are prohibited from doing MRT and some other things
that insurance agents do, because they want to uphold certain
image.
IFA are not insurance agents, it is more than insurance
planning. It is financial planning, wealth management or whatever
you want to call it. If the IFA agent is only interested in selling
you an insurance policy, maybe you got a lemon. Then again it is a
two way process. If you are not upfront with your situation or
needs, then the other party cannot do a proper job.
It is better to consult an IFA even for your insurance needs as
the person can "mix and match" to fit your needs and budgets. Can
an insurance agent do that? But more importantly, everything boils
down to what do you want to do with your life and goal. Money is
just a means to get there (one of the most likely). Where do you
plan for yourself in 5, 10 , 20 years?
There must be a goal in financial planning, and you are willing
and commited to the goal with your advisers. And also you must have
the options to choose from a wide range of products and services to
fit your needs (or future needs - married, kids, new job, etc)
Hope that helps