How an Adviser Can Make Your Life Easier

By Contributing Author, 06 April 2016 536

Understand how E.A.S.Y. life can get with an insurance agent

What is the first thought that comes to mind when you hear the term “financial planner”?

If you are like most Singaporeans, chances are that your impression of financial planners is probably less than positive, as you may associate the profession with being annoyed by cold calls or even pestered in person when you’re on the way to or from work.

While there may be some truth to that picture, a good financial planner can actually be a trusted companion throughout your life. When you find a financial planner who genuinely has your interests at heart, he or she can play the role of an adviser who helps you navigate through major milestones in life.

You may find yourself disclosing very personal details about your life to your financial planner, which you may not even share with your closest friends, as knowledge of this information can help your adviser help you achieve your financial goals. Financial planners are in the best position to educate and update you on the latest and best insurance plans out there, saving you the hassle of doing it yourself. Essentially, they make your life easier by ensuring you cover all your bases and are adequately insured throughout your life journey.

Here’s how financial planners make life E.A.S.Y. for you:


Ease of Mind: Financial planners provide peace of mind in the event of unforeseen circumstances. In fact, they can actually help you anticipate and prepare for unfortunate events so that you can avoid or minimise any financial fallout. These financial planners know all about the best insurance plans with the highest rates of return and they will be able to advise you based on your current and future needs. They bring with them a wealth of experience and industry knowledge whereas by contrast, some online insurance companies only offer bare bones coverage or they may not provide sufficient information for you to have a comprehensive understanding in order to make a truly informed decision. With an experienced financial planner, however, you can be assured that there are no gaps in your coverage and that you and your family are sufficiently protected, giving you peace of mind.

Affordable: Engaging a financial planner can also help you save money! Your adviser’s job is to help you find the right policy at the right price – making sure that you are adequately insured but at the same time, not paying for extra coverage that you don’t need.

Speed: With technology, your financial planner is just a phonecall or WhatsApp message away. This is especially important in times of medical emergency or when there is a claim to be made and you have an urgent query that requires their expertise. It is certainly faster and easier to contact your financial planner directly compared with trying to call the insurance company’s general hotline, where the first point of contact may not have the specific expertise to address your query on the spot.

You: Everyone is unique and with different needs. If you’re planning to skip the “middle man” and purchase a plan directly from an online insurance company, think twice! Online insurance may be convenient to purchase but there may be pitfalls and shortfalls – it may not adequately fulfill your needs as options may be limited, such as a cap on the sum assured. It is always best to speak with a financial planner to understand what sort of policy and coverage you should get before committing to an insurance policy. Your financial planner will assess your financial objectives, liquidity, affordability, time horizon, and risk profile before making appropriate recommendations. Unlike simply cross-checking online insurance plans, he or she will also be able to address all of your concerns in person and answer all of your questions there and then. You’ll have peace of mind knowing that you’ve secured the best insurance coverage tailored just for you and your specific needs.

So, make life E.A.S.Y!

If you’d like to speak to a financial planner, check out NTUC Income’s panel of professional advisers and be assured of your privacy as well. Click here for more details!