Independent financial service

Hi Mr Tan,

I was looking to set up a website that provide independent advisory services, comparing across personal insurance products.

This is targetted at young people who are knowledgeable and wish to take greater control of their own financial planning.

As an experienced professional in the insurance line of business, do you think it is possible to obtain the data for performing independent analysis on similar insurance products?

MY REPLY:

It will be quite difficult to get the data for this analysis. Some insurance companies may not be willing to cooperate with you.

Dr Money spent a lot of time on this matter. His publised his findings in his website www.askdrmoney.com. He had a lot of problem due to the complexity of the product (which makes them difficult to compare).