Manulife Cut Bonus for Some of their Participating Insurance Policies (Notes)
My friend Chris from Tree of Prosperity recently asked whether there is some truth to a nasty rumour that some endowments ramp down the guaranteed …
Insurance
Future Insurance Policy Illustrated Investment Rate to be reduced to 4.25% and 3.00% from 4.75% and 3.25%.
Last week, we received an announcement that with effect from 1st July 2021, the policy illustrated investment rate (PIRR) will be lowered from 4.75% to …
Young Adults in NS or University, Don’t Buy Regular-Premium Endowment Insurance Plan
I think in the past two years, I been getting messages like this on Reddit on-and-off. I probably did not think much of it but …
Using Term Life Insurance as a Unique Savings Plan in Singapore (2021)
In my last post on the true reason to choose term life insurance over a whole life, I explained that in order to obtain adequate …
Pondering about the Impact of Aviva’s MyHealthPlus and MyShield Changes
MOH said they welcome the latest measures by private insurers to adjust the terms for those on existing Integrated Shield Plans (IP) with riders that …
The True Reason to Choose Term Life Insurance Over Whole Life
The reason why we chose term life insurance over whole life insurance is to be adequately insured. Many people chip in on the topic of …
The Cheapest Term Life Insurance in Singapore **Updated December 2020**
FWD Insurance, Singapore Life and Aviva Currently have the Cheapest Term Life Insurance for Dealth, TPD and Critical Ilness. Here is how they stack up against some of the other Singapore Insurers.
Be Extra Vigilant when Your Adviser Suddenly Discusses Critical Illness with You
On Thursday, the Monetary Authority of Singapore (MAS) said it has received feedback on misleading insurance sales practices relating to the fresh changes on critical …
Comprehensive Health Insurance is Getting Expensive. Should You Switch or Downgrade?
In the past 2 years, there have been some significant changes to the health insurance front (Your private Medishield plans). In the last 5 years, …
The AXA Retire Happy Plus Increasing Payout Retirement Plan
I am going to cover some of these insurance retirement plans, since I have the resources to do so. I am doing this in order …