Stumbled upon a series of AIA one-paged poster on the Straits Times a week ago. Followed by other scream-in-your-face series by HSBC and NTUC Income (today), if I remember correctly.
A sign of market revival in health insurance products?
Following the collapse of AIG due to the financial downturn, Great Eastern has become the top player locally. I would think this means GE has the greatest market share; hence the almost ubiquitous ads on double-decked buses.
My take is that there will be a gradual surge in life/health insurance products selling in time to come. But whether or not this is done in compliance with MAS or Life Insurance Association's (LIA) guidelines, and in compliance with the Insurance Act, is another story.
You shall hear more from your colleagues, friends, relatives and/or indirect contacts of your personal network who are all insurance agents.
Photo captured from The Straits Times, 14 Sept 2009
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