The truth about insurance companies

You can never gain when you sign up for an insurance coverage plan. It doesn't matter whether it's from AIA, Prudential or the local NTUC Income. If you've paid and nothing bad happens, you lose money. If something happens, you get the money. But how do you feel with the mishap in your life? Can a permanent injury be compensated with money? Full compensation? If you lose a limb, what's the real compensation? Money or another real limb?

This is the truth about insurance companies. The moral line is somewhat blurred. The business is questionable. The ethics is debatable. To date, the insurance industry is expanding and making profits. One wonders how the insurance companies have manipulated its customers to be able to still generate profits when they also have to provide monetary compensation when the circumstances arise.

The best choice is to not sign up for any insurance plan. Your fate is better that way. Until the moment you sign up for one. Because even if you don't encounter any mishap, you will still lose money. And that's a mishap, isn't it?