3rd Asia Trusted Life Agents & Advisers Awards launches with support of Philippines Insurance Commissioner

The search for the best in life insurance agency and advisory across the region kicks off today with the launch of the 3rd Asia Trusted Life Agents & Advisers Awards with the support of Mr Dennis B Funa, Insurance Commissioner of the Philippines, as Guest of Honour for the Awards.

Organised by Asia Insurance Review and Asia Advisers Network with LIMRA as co-organiser, the Awards is a truly regional platform. Over the past two editions we have seen winners from eight markets: China, Hong Kong, India, Malaysia, Singapore, Taiwan, Thailand and Vietnam.

Mr Mark Tucker, Group Chairman, HSBC Holdings, is Patron of the Awards, which offers a neutral platform to shine the spotlight on the unsung heroes and heroines of the insurance industry beyond production figures and highlight the role of agents and advisers even in the digital era.

The Awards categories are:

• Insurance Agent of the Year
• Financial Adviser of the Year
• Rookie Insurance Agent of the Year
• Insurance Agency Leader of the Year
• Rookie Insurance Agency Leader of the Year
• Inspirational Agent/Leader of the Year
• Digital Agent/Agency Leader of the Year
• Lifetime Achievement
• Affinity/Bank Partner of the Year
• Technology Provider of the Year for Agents
• Insurance Company of the Year for Agents
• Executive Champion of the Year

The transparent and independently-audited judging process counts some 20 judges drawn from industry leaders and experts on the judging panel.

AIA is Strategic Partner of the Awards and supporting organisations include: Association of International Life Offices (AILO), The Hong Kong Federation of Insurers (HKFI), Philippine Life Insurance Association (PLIA), Financial Services Managers’ Association (FSMA) Singapore, Insurance Association of Sri Lanka (IASL), Life Underwriters Association of Hong Kong (LUAHK), International Insurance Society (IIS) and Singapore Insurance Institute (SII).

Nominations close on 28 February 2018. For more information on the Awards and how to apply, visit: http://www.asiaadvisersnetwork.com/Awards

Winners will be announced at a Gala Dinner in Manila on 7 May 2018 to be held in conjunction with the 29th East Asian Insurance Congress.

For more information on the awards, visit http://www.asiaadvisersnetwork.com/Awards or

Contact:
Mr Mohamad Hyqel
Awards Administrator, Asia Insurance Review
lifeawards@asiainsurancereview.com.

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Life insurance discounts and promotions from all life insurers Singapore!

What this is about…

A compilation of all the promotions and discounts

offered by life insurance companies in Singapore – even FREE insurance cover,

as at October 2015.

Whether you are a consumer looking for the best deals possible,

or an insurance agent/adviser looking at what the different companies are offering,

we hope you find this useful.

But of course, while we try our best, please refer to the respective websites of the different insurance companies for information and details.

And more importantly,

before making any decisions on the purchase of life insurance policies,

it is highly advisable to speak with a professional financial consultant

and undergo a proper financial needs analysis

to understand what is most suitable for you.

If we missed out anything,

please let us know:

Contact Us

 

Life Insurance Promotions and Discounts in Singapore

compareFIRST - What you need to know

compareFIRST - Singapore's first industry-backed life insurance web aggregator is live! 

It is a joint effort by the Monetary Authority of Singapore (MAS), the Life Insurance Association Singapore (LIA), Consumers Association of Singapore (CASE), and MoneySENSE.

It is one of the key initiatives under the Financial Advisory Industry Review (FAIR). You can read more about the background at: http://www.insuranceemart.com/search/label/FAIR

A very comprehensive FAQ is available on compareFIRST's website: http://comparefirst.sg/wap/faqEvent.action

It will be a waste of your time to read (and ours to write) if we were to repeat them here. So here are some key points to clear any confusion/questions that you may have. 


A very important bonus question is right at the end. Read the last question before you even think about using compareFIRST. 

compareFIRST

What is compareFIRST?

compareFIRST is an informational portal on life insurance products.

You can compare Direct Purchase Insurance products, term life products, whole life products and endowment products sold by the various life insurers. 

Can I buy life insurance products through compareFIRST?

No. It is only an information portal. So you CAN’T buy products through this site. To purchase any of these products, you should approach your preferred insurer or financial advisor directly.

Insurance direct purchase and web aggregator set to launch early April

As revealed in "Buying Life Insurance Products Directly from Insurance Companies without Commissions", the launch of a direct purchase insurance products (DPI) or a insurance direct channel will not be launched in time in the first quarter of 2015. 

The good news: Mr Ong Chong Tee, Deputy Managing Director, Monetary Authority of Singapore (MAS), has announced at a recent Life Insurance Association of Singapore luncheon that they will be ready by early April.

Here's what he said:

There are three key initiatives under FAIR (or Financial Advisory Industry Review) of particular relevance to the life insurance industry. These are the web aggregator, direct purchase insurance products and the balanced scorecard framework.

Web aggregator

First, the web aggregator. Life insurers offer a wide range of life insurance products to cater to the varied financial needs of consumers. However, it can often be a daunting task for consumers to be sufficiently informed of what’s available to meet his needs and to have some easy way to compare life insurance products.

I am pleased to note that a web aggregator will be launched in early April as a collaborative effort between MAS, CASE and the life insurance industry. This will provide a single information portal that will enable consumers to easily look up available life insurance products and compare indicative quotes based on specified parameters in a user-friendly and interactive manner.

Direct Purchase Insurance

Second, direct purchase insurance products, or DPI. This is a new class of life insurance products for basic needs that is “retail-access friendly”. 

SG50 Insurance Deals and Promotions

If your baby is born this year in 2015, he/she is a SG50 baby!

To mark Singapore's 50th birthday, included in "Singapore Golden Jubilee Baby Gift 2015" are: commemorative medallion, scrapbook, children's books, diaper bag, baby sling, baby clothes, family photo frame, and a multi-functional shawl. 
You can find out more and register for it at: http://www.heybaby.sg/sg50baby/


In addition, the insurance industry is jumping on the bandwagon as part of the SG50 celebrations as well, with their own promotions and deals. 


AIA
AIA Singapore welcomes SG50 with free one year's worth of insurance coverage (50% off premiums of a term insurance plan in 1st year and 50% off premiums in 2nd year) and Gift Card for Jubilee Babies covered with AIA HealthShield Gold Max plans. 

"Free one year’s worth of Insurance Coverage for couples getting married in 2015 and parents of jubilee babies with a Term Insurance plan, to help them start their financial planning early. We want to help couples getting married in 2015 and parents of jubilee babies to kick-start the new milestone by giving them 50% premium discount in the first 2 years of their new life chapters."

"Gift Card with up to $200 worth of value for Jubilee Babies covered with AIA HealthShield Gold Max plans"

For more information and to register: http://www.aia.com.sg/sg50/?cmpid=banner-sg-csm-sg50-1001

Aviva
Enjoy 50% discount for new Personal Accident Insurance premiums. 

More info at: http://www.aviva.com.sg/general-insurance/personal-accident/

AXA
AXA Singapore rolling out discounts in celebration of Singapore's 50th anniversary (SG50).  People in Singapore aged 50 and above can look forward to a series of special discounts on several general and life insurance solutions in 2015. 

Useful Links

Useful Links

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Know of a link that should be here but isn't? Contact us and we will take a look.
  

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