Critical Illness Insurance

Among the global population, chronic diseases are leading causes of disability and death. The situation in Singapore is no different. The burden of chronic diseases in Singapore is on a worrying incline – a trend

Critical Illnesses – An Important Consideration for Singaporeans Singapore is renowned for its exceptional healthcare system, but the prevalence of critical illnesses remains a significant concern for the population.  This article discusses the most common

Contributed by Michelle Ee, Wealth Management Director, Financial Alliance Pte Ltd (The contributor can be contacted at michelleee@fa.sg) While advances in medical science helps to prolong our lives, it also increases our health care and treatment costs. Therefore,

For this last instalment, Ms Michelle Ee, Financial Alliance’s Wealth Management Director, will talk about what to be wary of when making a purchasing decision.

To the oft-asked question of how much critical illness cover is enough,  Michelle advises, “For basic critical illness, it depends on the amount one needs every month to cover his dependents’ and his own expenses.

Critical illness insurance in Singapore pays out in three major ways, subject always to the diagnosis falling within the critical illness’ definition in any given policy.

Even though it is often heard that insurance is sold and not bought, it is always the insurer’s decision whether to cover and what to cover – and insurers don’t cover existing conditions.

Planning for your finances is a complicated matter, mainly because your income, expenses, and debt changes as life progresses. As such, financial planning requires regular reviews. Here are top 5 reasons why financial advisers keep telling you you’re under-insured: