Insurance

By Vivienne OngMarketing Lead, MoneyOwl Last week, news broke that Great Eastern would temporarily pause pre-authorisation certificates for admissions to Mount Elizabeth Hospital.  To the average policyholder, this might sound like a removal of benefits. But for many, it raised a more fundamental question: What even is pre-authorisation, and why does it matter for my...

By Chuin Ting Weber, CFP, CFA, CAIA CEO & Chief Investment Officer, MoneyOwl There’s no doubt that private hospital bills in Singapore have become really high, so I can understand why insurers are baulking. It’s also natural for insurance companies, like all commercial companies, to want each individual line of business to be profitable. So yes,...

...

...

By Chuin Ting Weber, CFP, CFA, CAIA CEO & Chief Investment Officer, MoneyOwl  MoneyOwl’s webinar on health insurance by our Master Trainer Felicia Yeo this evening coincided with the launch of the CPF Health Planner today by MOH and CPF Board. The tool shows costs of health insurance over time and compares plan prices. Indeed Integrated...

...

By Vivienne OngMarketing Lead, MoneyOwl While most of the online buzz is about Budget 2025 and its payouts, we felt this piece of news couldn’t wait: “Life insurance sales in S'pore up nearly 20% in 2024, driven by surge in investment-linked plans.” A personal story: Five years ago, I bought an investment-linked plan (ILP) when I was under...

...

...

...