You may have read the news about a victim who was cheated SGD24,900 by her insurance agent for a fake savings plan.
According to the news, the insurance agent claimed that there is a savings plan available for "Absolute Assignment".
Fortunately the insurance company compensated the victim for her losses.
In this blog, we cover:
What is "Absolute Assignment"
What should you do when you were introduced or saw a savings plan that is available for "Absolute Assignment"
How can you minimise your chances of ending up with a fake savings plan