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Showing posts from December, 2021

Here is why it is beneficial for every Singaporean to purchase dengue insurance!

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  Dengue is an endemic infectious disease that has been present in Singapore for over a decade and the region has experienced a sudden increase in the number of cases in recent years. According to Statista, there were 36,315 cases reported for dengue fever and dengue haemorrhagic fever in 2020, which is a steep increase from 15,998 since 2019. A person suffering from the disease needs to be admitted to the hospital and incur medical expenses. While a health insurance plan will cover most of the expenses incurred for the hospital stay, a dengue insurance cover can provide additional assurance. Key features of a dengue insurance cover:  ●        Affordable coverage Many insurance companies offer dengue insurance cover in a form of microinsurance plan that covers you against dengue fever for 3 months. Due to the low tenure of the insurance policy the premium that you will have to pay for it is very affordable. ●        In-app sign up Many insurance companies are now launching thei

How ILPs Can Help In Reaching Your Financial Goals

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When buying an investment linked plan , it is extremely critical that you ask yourself questions like “What is it that I aim to achieve out of my investment in an insurance plan?” or “Do I like choices and flexibility in a plan?”. There are people who would want to give priority to growing their savings for rainy days, while others may simply want to protect their family with an insurance coverage against what is unknown. Hence, if you are considering investing in an investment linked policy, you should also bear in mind certain factors like wealth goals and the viability of a policy to make sure it does not disrupt other financial commitments.  What is an investment linked plan (ILP)? An investment linked plan has both life insurance and investment components.   The ILPs come in two forms: 1.      The one where you pay single premium by paying a lump-sum once 2.      The one where you pay regular premiums on a monthly basis Irrespective of your financial goals, the premiums

Why you need a health app in your phone today!

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  Our lives have been made easier by smartphones. You can use a smartphone to make a call, order food, buy clothes, set an alarm to wake up on time, and a lot more. In fact, most of us cannot even imagine our lives without our handy smartphones. All important functions on smartphones are carried out through apps dedicated to these functions. One of the most important apps that you should consider downloading is a health app. Leading insurers in Singapore have their own health apps that can bring a lot of utility into your life. Let’s take a look at some of the key features a health app can offer you. 1.         Health tips The long lockdown of the COVID-19 pandemic left many of us cooped up at home. Exercise and diets may get neglected in favour of binging on food in front of the television. As venues and activities have opened up again, it is now time to once again get back into routine. A health app can help you with all the necessary lifestyle tips you need to get back in sha