If you are a Singaporean and have to check out this piece of news (source: ChannelNewsAsia), the Insurance Industry is going through a big change (to be implemented in early 2015) which allows Consumers to purchase insurance (protection-oriented type, e.g. Term Insurance and Whole Life Insurance Policies for now) directly online! With this big change […]
What Are The Types Of Insurance That Parents Should Buy For Children?
There are many different types of insurance plans out there in the market (e.g. whole life, term, endowment, Investment-Linked (ILP), medical and personal accident) and it can be quite overwhelming when it comes to planning for your child(ren)… If you are currently in such situation and you are looking for some form of guidance… here’s […]
How To Save A Little Money From Your Insurance Premiums
Here’s a little money saving tip if you are looking to get your life insurance plans anytime soon (this tip is also applicable if you are currently paying your insurance premiums every month) and the insurance plans include those of Whole Life, Term, Endowment Plans and not do not include those Investment-Linked Plans (ILPs). And […]
The Cons Of Having Many Of The Same Policy Types
This post is a response to one of the readers who has recently posted a comment on this post. Therefore I do hope that, with this post, I can help to bring out some pointers on the cons of having the many of the same insurance policy types… When Are There Cons To Having Too […]
Do You Plan For Yourself With A Guide Book Or A Financial Planner?
If given a choice to properly plan for yourself, would you trust a Book that touches on the topic of what you need to know about Insurance Products or a Financial Planner who is not a newbie in the industry and qualified to give proper advice? Or would you have the combination of both? And […]
Why Most Singaporeans Will Never Get Enough Insurance Coverage
If you are a Singaporean, you will definitely have read that for the last few years, the newspaper has been stating that most Singaporeans are under-insured by as much as $100k – $200k, given that the average insurance coverage that one should get to protect him/her against unforeseen circumstances like Death, Permanent Disability should be […]