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Business Insider: Selling life insurance in an untapped market
Mon, 18 September 2017

Prudential Life Assurance first entered the Cambodian market in 2013 at a time when few in the country understood the value of life insurance products in long-term financial planning. A partnership with Acleda Bank, the largest bank in the Kingdom, has helped Prudential grow steadily and extend its reach across the Kingdom. The Post’s Kali Kotoski sat down with David Nutman, CEO of Prudential Cambodia, who took over the reins in November...
http://www.phnompenhpost.com/business/b ... ped-market

Thieving, stealing, conniving, fucking bankster scum. ..... End of rant!

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Barang chgout wrote: ↑Tue Sep 19, 2017 9:15 pm Thieving, stealing, conniving, fucking bankster scum. ..... End of rant!

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It so happens I just posted this in the General Chatter section.
The other thing about insurance is that it is always a bad deal in a business sense because one in paying for all the admin, overheads and profits of the insurance company. It's a worse deal than a casino. It only makes sense for things that are unlikely to happen (and are thus cheap to insure) but would be ruinously expensive if they did happen. Always self-insure wherever possible. But one needs to have the cash to meet the bills if the worst happens (and remember not to grouch at the cost because after all one saved money over the years by not paying those exorbitant premiums). Expat health insurance is not too expensive for the young but it's insanely costly for the aged (even accident-only cover).
EDIT - and while I'm on my hobby-horse, life insurance is not insurance at all, it's just another form of investment (and usually not a good one). We are going to die. It;s just a question of timing. If one wants to bet that one will die young, take out term life insurance. It's very cheap when you're young.