Thomas Phua's Blog: September 2013

Friday, September 6, 2013

DPS claim for Permannent Incapacity

My letter to ST Forum is published today. I hope the public will respond and understand the issue. I have been engaging CPF Board on this since I came to know this in 2001. The other condition is as long as one is employed and contributing CPF, one does not qualify for claim, this usually arises out of compassion of employer who continue to employ the disabled worker. These two conditions need to be reviewed. I have written about this on a few occasions in this blog, but I think many do not understand my points until too late.

To Plan According to Client's Needs and not Wants

My mission statement sounds a little strange. I started as an insurance agent since 9th September 1988. I met many clients who bought insurance plan or have bought an insurance plan but did not fully understand what they have or how that insurance plan can benefit them and their loved ones. Of course, there are also those who know exactly what they need. I felt the most impact each time I handle a claim. This is the saddest part of my job. Such claims constantly reminds me of my responsibility towards planning to meet my clients' needs.