If you don't already know it, you should. There will be a major change in how insurers define various critical illness conditions for all life (wholelife and term) policies from 26 Aug 2020, which is barely 2 months away. So how do these changes impact you? The changes in CI definitions are mainly to address [...]
Our minister of finance, Mr Heng Swee Keat, just announced one of the largest stimulus package in recent days to help boost the economy and help workers and businesses through this challenging COVID-19 crisis. Here is a summary of the more prominent points affecting the most people:
Most important changes in your Eldershield plan to the new Careshield plan summarized and explained.
A common question by clients I meet is how much inflation do we need to factor in when planning for the future.
Immeasurable pockets of satisfaction. Helping to ensure that clients actually benefit from all the planning that I always emphasize is critical. Post hospitalization coverage that many do not realize they have planned for.
What exactly is Careshield Life and how does it affect me?
For those who have not already heard, the Ministry of Health has just passed a new bill that mandates all Medishield plan owners to bear part of the costs of hospitalization and treatment, 5% at least to be exact. Before you start taking up your riot torches, calm down and see the big picture. It's [...]
Honest real sharing of someone who has been on the receiving end of some of our worst fears and came out alright all because of what she chose to invest in.
So the government Eldershield Review Committee has submitted its recommendations and we are potentially looking at significant changes to this scheme that will affect all Singaporeans. So what does this mean for all of us?
Voluntary retirement with sufficient financial means is obviously the ideal situation.
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