Over the past few days, a few insurers have started informing their policyholders that their riders will start to include a co-payment feature when they renew their Integrated Shield Plans (IP). According to a recent Straits Times article, it looks like at least 3 private insurers will be transitioning most, if not all of their…
Before you read further, this article is not sponsored and the reason why I am using NTUC Income’s VivoCash Prime insurance plan as a reference in this article is simply because it’s way too easy generate an online quotation with relevant benefits illustrations through their online life insurance platform without going through an insurance agent….
Last week, I received an email from a reader asking for my opinion if she should surrender her annuity and top up her CPF Retirement Account to get a higher monthly payout from CPF Life. Grab a cup of coffee while you read this article because it’s going to be a long one. Here’s how…
Many readers have emailed me asking if I could share photos of the slides taken from the festival. Here are my favourite slides that were presented by the various speakers. I must highlight that it’s easy to take the images out of context if you weren’t present at the festival and heard it first hand…
Today, I spent 8 hours on a Saturday at Singapore’s largest personal finance event – Seedly Personal Finance Festival 2019. I repeat, 8 whole hours! That’s the number of hours I spend in the office on a work day. Who would have thought that young adults would pay to wake up early on a Saturday…
Do you really understand why you need insurance? I don’t want to say that all insurance agents are unscrupulous and money-minded, because I have a few friends who work as insurance agents and are really good at their job. The sad reality is that insurers are dishing out very attractive commissions for insurance products that are…