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Showing posts from October, 2021

AIA Beyond Critical Care Review: Premium Refunds?

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The AIA Beyond Critical Care is a critical illness insurance policy that provides basic protection against major stage critical illnesses (CIs), CI relapses, and mental illnesses. On top of the above coverage, the policy also offers a premium refund. With additional add-ons, the policy provides additional protection against 104 early, intermediate and major CIs, and premium waivers if you encounter a CI condition. Criteria Sum Assured Minimum sum assured of $50,000. Basic Product Features Premium Policy Terms For AIA Beyond Critical Care, there are 2 coverage options: a coverage term to either Age 85 or For at least 30 years.   Whichever is later. What this means is that once you reach either 85 or a term of at least 30 years, the insurance coverage will end. Premium Payment Terms Payable throughout the premium term of the policy. As with all CI premiums, premiums are not guaranteed and may be adjusted.   Your final premium amount is determined by factors such a

Best Eldershield Upgrades: Which Supplement Should You Get?

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With the ageing population and longer life expectancies of those living in Singapore, more and more elders are needing personal care and support services. These services become necessary for individuals with disabilities. The expenses related to severe disability can be difficult to handle without the support of insurance policies. Eldershield, provided by the Singapore government is an excellent solution to overcome these problems. Although this covers anyone who has severe disabilities, Eldershield is designed specifically for you when you’re old and require assistance. The question is, is the income provided by this plan sufficient? Should you get an Eldershield upgrade? What is the best Eldershield upgrade plan? Learn more about how this insurance plan works and how you can upgrade to a better plan. What Is Eldershield? Eldershield is a disability insurance coverage launched in September 2002 by the Singapore government for Singaporeans and those holding permanent reside

9 Best Retirement Annuity Plans in Singapore

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Take a minute or 2, close your eyes and imagine – what does your dream retirement look like? Is it travelling from country to country, cruise to cruise, laying by the beach and sipping cocktails? Or perhaps it’s pursuing your passion that you’ve always wanted to do but never had the time to? Or maybe it’s just spending time with your loved ones, and buying gifts and delicious food for your precious grandchildren? No matter what age you’re at, you’ve probably thought about your dream retirement. You’ve probably imagined how you’re going to enjoy the final years of your life after the 996 grind you’ve been going through for the past 50-60 years of your life. But why dream of it when you can make it a reality? To take the first step, you would need to have proper financial planning in place. And one way to start is with a retirement annuity plan. In this article, we take a deep dive into the features to factor in when selecting your retirement plan, and identify the best retirement

Critical Illness (CI) vs Cancer Insurance: A Comparison

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The National Cancer Centre Singapore (NCCS) says that cancer cases in Singapore have been increasing over the years and will continue to do so. In fact, on a daily basis, 39 people are diagnosed with cancer and 15 people are dying from it. Although Singapore’s healthcare system is deemed one of the best in the world, cancer treatment is not cheap. The following is a breakdown of an estimated cancer treatment cost in Singapore for the 5 most common cancers – breast cancer, prostate cancer, lung cancer, colorectal cancer, and skin cancer: Source The usual process begins with cancer detection through a biopsy, then depending on the stage of cancer, surgery may also be needed. Afterwards, treatment would begin in the form of chemotherapy, radiation therapy, or immunotherapy, which would also cause a variation in the total cost according to the cycles or doses needed. In Singapore, the median salary $4,534 monthly. Although this amount might be enough to pay for the public hospit