We are all familiar with the phrase ‘Nothing ventured, nothing gained’. It is a fact of life. Where there is no risk, there is little reward. We are often rewarded only when we put ourselves out to try something risky – whether it is taking the first baby steps as a toddler, putting up our […]
In this comparison table, we compare all Term Life with Critical illness insurance plans in Singapore. While a hospitalisation plan helps to cover the costs of a hospital stay, a critical illness plan provides for post-hospitalisation treatment costs and alternative treatment needs in the event of a critical illness. A lump sum payout from a […]
It is difficult to compare insurance policies between different companies. To provide greater transparency, we compiled this comparison table so that consumers can compare term life insurance policies across insurers in Singapore and make informed decisions when insuring themselves and their loved ones. There are large price differences between the insurers. This comparison table is […]
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 […]
Death is a fact of life. The only uncertainty is the timing and the manner in which it happens. As such, an important matter to take care of is how your assets get distributed efficiently to your intended beneficiaries. You can do that through a written will. However, not many of us have written one […]
If you have been following our Insurance Principles series, you will now be convinced that you need insurance – to protect your livelihood, to take care of your loved ones or to kickstart your wealth accumulation journey. However, it is important to understand what you already have before you rush to get yourself covered. Recalling […]
Guest contribution by Chong Ser Jing, Portfolio Manager & Co-Founder of Compounder Fund at Galilee Investment Management Pte Ltd, Blogger at The Good Investors. The apparent disconnect between the stock market and the economy is one of the hottest topics of discussion in the finance community this year. What does this mean for you as […]
Hitting 30 this year? Here’s what you need to know about CareShield Life, Singapore’s latest Long-Term Care insurance scheme for Singaporeans aged 30 and above. From 1 October 2020, all Singaporeans aged 30 and above will be automatically enrolled into CareShield Life. Prior to CareShield Life was ElderShield, which was only applicable to Singaporeans aged […]
