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Showing posts from September, 2021

3 Types Of Insurance Plans For Expecting Parents In Singapore

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  Waiting to welcome a baby into this world can be extremely exciting for a couple. As the day draws closer, you take several steps to ensure everything is just perfect. From preparing your home to be safe for the little one to planning the baby shower, every golden moment is cherished. Now, this is also the right time to secure your home and new family addition with adequate insurance coverage. After all, insurance can provide financial protection in times of the unexpected. In this article, we will take a look at 3 types of insurance plans that you can consider opting for as a parent-to-be.   1.     Maternity insurance Maternity insurance can offer you much-needed coverage against possible pregnancy-related complications and health issues for both mother and child. You can opt for a bundled maternity insurance plan in Singapore that covers the mother against pregnancy complications and death, and then later transfers the life insurance coverage to the new born upon birth. Under th

5 Things To Know About Retirement Insurance In Singapore

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  A retirement insurance plan is one of the ways to save up for the golden years of your life. These plans are designed to give you a regular monthly income upon maturity. This income can help you stay financially independent in your senior years. Are you hearing about retirement insurance for the first time? If so, this article is just for you. Read on to discover 5 things you need to know about retirement insurance in Singapore. 1.     You can customise the payout period One of the best things about retirement insurance plans is that you can customise the payout period as per your requirement. You can start receiving your payouts from the age of 50 years based on your preferred payout period. Most insurers offer payout periods of 10, 15, 20, 25, and 30 years. 2.     Continue receiving stable monthly income despite market volatility Some insurers also safeguard your payout against market volatility. This is good news for you as you will get to maintain a stable income in yo