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,
Read MoreHospital & Surgical
Hospitalisation & surgical insurance is something that many people do not think about until they need it. It is important to have this type of insurance in case of an unforeseen hospital stay or surgery. There are a few things to consider when planning for hospitalisation and surgical insurance. First, you need to decide what type of coverage you need. There are a few different levels of coverage, so it is important to do your research to find the best one for you.
Financial Alliance > Hospital & Surgical
02
Mar
Mar
Integrated Shield Plans (“IPs”) for Private Hospital – Are You Ready to Cope with Premium Hike?
Premium hikes have been occurring since IPs were introduced in 2005. This is mainly due to adverse claims experienced by all IP insurers.
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24
Nov
Nov
How Health Insurance Complements the Financial Plans of Singapore Youths
Getting health insurance cover is an important part of financial planning, even for young adults who live in a country like Singapore where the government actively exhorts healthy living as a priority and maintains a
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06
Sep
Sep
Switching Integrated Shield Plans? Do it with Your Eyes Open
Switching IP insurers may result in the loss of coverage for pre-existing conditions which could have been covered by your current plan. Do think very carefully whether you are truly better off by moving over to another insurer. Unless there is a very strong reason to move, and you are sure you
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28
Jul
Jul
Top 5 Reasons Why “Financial advisers keep telling me I’m under-insured.”
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:
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