Have you ever waited a long time to watch a movie directed by a renowned filmmaker who had clinched many Oscar and Emmy awards in the past, only to be disappointed by its lackluster script after you have watched it? Just as how we cannot judge a movie based on the past achievements of a […]
If you have been searching for ways to plan for your retirement, you would probably have come across many insurers promoting their retirement income or annuity plans. With such plans, you either fork up a lump-sum or pay regular premiums over a period of time, in return for monthly payouts over a fixed number of years […]
Some people think that it is not necessary to buy life insurance. Why should I pay to be protected from something that is not likely to happen and with money I can’t get back? They may think it is better to accept the risk and retain full control over their money instead of depending on […]
Risks are part of our daily lives. We risk waking up late for work, we risk contracting a virus when we’re out and about, we risk losing our jobs in a market downturn, we risk our marriage failing, we risk our children going astray, we risk losing our money in poor investments, we risk running […]
Unless you’re a medical practitioner or a healthcare worker, you’re unlikely to have studied the definitions of critical illnesses in your insurance policy. These definitions play an important role in determining whether you are eligible to claim from your policy in the event you are diagnosed with an illness so it is worth some of […]
If you have not heard, all insurers would have to adopt the new 2019 Critical Illness (CI) definitions set out by the Life Insurance Association Singapore (LIA) from 26 August 2020. The new 2019 definitions are meant to reduce ambiguity over what can or cannot be claimed. To learn more, click here for the summary […]
Imagine a company which has three employees. The first employee, Stuart, is your typical go-getter, strategic and smart. He is always ahead of the curve in innovation and brings a lot of value to your company, driving growth and delivering outcomes. However, Stuart is prone to periods of emotional highs and lows, and during episodes […]
If you are planning for your retirement and haven’t heard about the Supplementary Retirement Scheme (SRS), you might be losing out! What is Supplementary Retirement Scheme (SRS)? SRS is a voluntary scheme to encourage individuals to save for retirement, over and above their CPF savings. Contributions to SRS are eligible for tax relief and only […]
In our previous article, we shared a simple guide of how you can identify types of products to suit your retirement needs. In the next section, we give an overview of some Single Premium Retirement Income Plans that allow you to grow your SRS (Supplementary Retirement Scheme) savings Here are 3 SRS-approved Single Premium Retirement […]
