Recently, I bought an insurance policy. To my surprised, it is mandatory to fill up a form to declare ur financial status. You have to make known how much u hv in savings, investments, etc. The reason given to me is this is a policy from MAS to ensure the consumer have enough to subscribe to the policy. I find it a bit intrusive as I am dealing with an insurance agent who do not have to sign any non disclosure. So this means his team who have access to my portfolio would know me inside out. He can also see me in the street and tell his friend, this guy is poor/rich. Should I be concerned?