Not So Right

My cousin and his wife visited us. They came mainly because they wanted me to read and explain to them some documents sent by a well-known insurance company.

They had just sold their HDB flat and is loaded with ready cash. Their property agent, who doubles as an insurance agent, saw this as an opportunity to sell them a life insurance policy. With much persuasion, she, the agent, managed to get my cousin's wife, who has only Primary educaiton, to sign in the agreement form on her laptop.

According to my cousin's wife, she had repeatedly told the agent that all that she wanted was to put the money, $50,000 , in a bank fixed deposit and did not want to buy any insurance policy.

This high-pressured way of selling life insurance policy to a 70-yr-old lady who doesn't need one is not right.