Tag Archives: health insurance

Why Switching Health Insurer May Not Be Such A Great Idea

Are you considering switching your current Integrated Shield Plan (IP) to another insurer’s? Or know of a friend or family member who is planning to do so? Please do them a favour and tell them to read this blog post before making that move. Let us look at some reasons why people switch to another… Read More »

Downgrade to standard Integrated Shield Plan? Balance benefits and savings first.

With the launch of the standard Integrated Shield Plan (IP) plan come 1 May 2016, Singaporeans will have another affordable option for their healthcare needs. All the 6 health insurers – Aviva, AIA, AXA Life, Great Eastern, Prudential, NTUC Income – will offer this plan that provides coverage on top of Medishield Life (ML). The… Read More »

Using Insurance to Supplement Retirement Funding Needs

I came across an article titled “Growing Your Wealth With Insurance” in the Business Times on 3 March 2016. This article is another timely reminder for us all to ensure that we have given due attention to retirement planning. The topic of retirement planning never goes ‘out of fashion’. Why? Because, at the end of the… Read More »

New Medisave Withdrawal Limits Will Mean Less Medisave for Integrated Shield Plan

Just when we have gotten more people interested to upgrade their Medishield or lower tier plans, the government announced that new Medisave withdrawal limits will apply for private integrated shield plans. Currently, the Medisave withdrawal limits for integrated shield plan are: $800 per policy, per year, for those aged 65 and below next birthday; $1,000… Read More »

Mothers-to-be: What Do Medishield & Your Integrated Shield Plan Cover You & Your Baby For?

I often get these questions from expecting mothers who are concerned about theirs and their babies’ hospital and surgical coverage: What if I have a pregnancy complication? What if my unborn baby is diagnosed with a congenital condition? Will my integrated shield plan pay for these? Can my baby still get medical coverage? 1.  Most… Read More »

To The Swinging Single – What You Need to Know About Your Financial Planning

A number of my professional single clients are enjoying ‘single-hood’ – either they have not met the right person or they have no plans to get married.  They also know that because there is a high chance of them remaining single throughout life, they have to be financially independent at every stage of their life… Read More »

Be Familiar with Your Health Insurance

Quite a number of my clients were hospitalized in the past 2 years for reasons ranging from total knee replacement, 2nd stage prostate cancer, spinal surgery to removal of benign tumour in the womb, appendicitis surgery, cataract surgery and dengue fever. Though it is never good news to be hospitalized, what is crucial is to know… Read More »

Have you Secured Your Family’s Protection Needs?

Anyone who is working to support his or her family needs  insurance.  What can cause a family to face financial difficulty? Loss of income due to disability High expenses due to critical illness Loss of income due to death High medical bill due to hospitalization Financial hardship can be avoided if there is proper and… Read More »