Every parent knows the importance of childhood vaccination. We took BCG and MMR according to the immunisation schedule without questioning what the vaccines are for. Unlike vaccination, the topic of child insurance has often been deprioritised and whenever it is brought up, it receives much debate surrounding the actual need for it. If you are […]
Most of us own whole life insurance plans. They are meant to protect us against death, disability or a major illness for our entire life. But do we really need insurance cover for our entire life? Event Purpose of Insurance Permanent / Temporary Need? Type of Insurance Death Income for family Temporary. Not needed when […]
There was a recent article that discussed when it was suitable to Buy Term and Invest the Rest (BTIR) and when to use Whole Life Insurance. Contrary to what many think, the purpose of buying term insurance is not so that one can invest the difference from the amount saved by buying a term instead of a whole […]
Since 2003, we have been advocating the use of term insurance. While many Singaporeans appreciated our beliefs, the insurance and financial planning industry fought it. We stood out like a sore thumb and were a lone voice. So it was very encouraging for me when during the NTUC Income’s 40th anniversary dinner 2 weeks ago, […]
