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Fri, Nov 26, 2010
The New Paper
He spends $6,000 a year on insurance

Clarification: Mr Eric Ng has clarified to say that he spends $6,000 a year on insurance.

By Kwok Kar Peng

EVERY single part of his body is insured, down to his fingers.

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Local composer-producer Eric Ng isn't taking any chances when it comes to his health.

And he's willing to spend on it too, to the tune of up to S$6,000 a year on insurance premiums.

One reason for it is that his hands are his livelihood.

Another reason is that he is one of the driving forces behind Funkie Monkies Productions.

The 34-year-old started the music publishing house as a personal production house in 2000.

In 2004, he was joined by local lyricist Xiaohan and the duo took the company to the next level.

Today, the company promotes local singing and song-writing talent through a combination of artiste performances and album launches.

But it's not easy to bring in the cash, as Ng shared in a recent interview with The New Paper.

Some companies ask Funkie Monkies to send its artistes to perform at events for free.

Their reasoning: The publicity and exposure that these artistes get is payment enough for the performance.

And Ng's response to such requests?

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STORY INDEX
 
  He spends $6,000 a year on insurance
   
 
  Seek cover when you're young
   
 
  Don't let your health get you in the red
   
 
  Er, what is a traded life policy?
   
 
  Insurance options for Junior
   
 
  Buying policies: Don't go with the flow
   
 
  Travel with a safety net
   
 
  Four insurance plans are all you need
   
 
  Insufficient savings? No wonder with poor insurance returns
   
 
  Er, what is surrender value?
   
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