A lot of people have understood that NTUC Income and all other insurance companies out there are different.
NTUC Income is a cooperative and other insurance companies out there are commercialised.
If NTUC Income makes profit, we distribute as bonuses to our policy holders whereas commercial companies distribute it as dividends to their shareholders.
However the underlying principal of every insurance companies are the same.
We are not competitors.
We are friends, going all out to educate the public on the importance of insurance.
The public can do comparison here and there, but ultimately what we like to see is that they are well insured and have a financial, retirement plan for themselves.
The ultimate competetor is you, yes you the public…
We are competing with your choices in life.
Many of you want to buy a car, a brand new handphone, buy jewellery to show off, and many more choices in life.
The ultimate question is, you…
Have you insure yourself?
Is your coverage adequate?
Is it enough?
Do you have a financial plan for yourself?
When will you like to retire?
How much do you need to retire peacefully without ever thinking of working for the rest of your life?
What can you do now to ensure that your plan is organised, systematic and reliable?
Is there any instruments that can help you achieve your financial goals in life?
That’s the ultimate questions that you should have in life…Just my 2 cents…
Get thinking! ![]()
My other related posts that may interest you:
- My First Post As A Development Officer With NTUC Income
- NTUC Income Vivolife
- NTUC Income Vivolife Is An Insurance Plan That All Singaporeans Must Have….




Thu, Oct 25, 2007
Insurance