Term vs Life Insurance (in ILPs)
Yesterday, I detailed why I cancelled my ILP despite suffering a high 4-digit sum for early termination. It was a mistake I made as a financial noob years ago, when…
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Why I Cancelled My ILP (Investment-Linked Policy)
How should I read the numbers on my Investment-Linked Policy (ILP)?I lost more than 2 months worth of salary to learn this important lesson: when insurance and investments are bundled…
50% lifetime NCD car insurance deal!
Reviewed this insane new deal on the blog. Car insurance: Singaporeans who own cars can get 50% NO Claims Discount FOR LIFE 😱😱 One of the things I never quite…
Meet Singapore’s newest digital insurer (car owners can now keep their 50% NCD for life!)
Singapore’s new digital insurer. I’ve never seen an insurance website like this before. A new insurer has landed in town, and there are a few benefits they’re providing which I…
Should I buy Term or Whole Life Insurance?
Should I buy term or whole life insurance? Which is better? Which is cheaper? The debate about term insurance vs. whole life insurance policies wages on. On one side of…
Prudential says majority of Singaporeans are under-insured – is that really true?
A survey on Singaporeans’ life insurance was recently released by Prudential, which was covered by our mainstream media, with the headline suggesting that the majority of Singaporeans are at risk…
Here Are Some Important Questions to Ask Your Insurance Agent
Not too long ago, the Internet was buzzing about discussions of dishonest or unethical financial advisors after lifestyle influencer Francesca Soh shared her bad experience. (Click here to read Part…
Lifestyle Influencer Francesca Soh Learns The Truth About “Guaranteed Cash Back” In Her Insurance Policy
Financial literacy and insurance is back in the spotlight again, after a 25-year-old lifestyle influencer and a 73-year-old lady shared about their unfortunate experience with their insurer. Everyone is talking…
Retirement Saving Plans in Singapore – A Good Deal Or No?
If you aren’t already confused about all the different insurance plans available, here’s a new type of plan to befuddle you further: retirement savings plans. AXA, Manulife and Tokio Marine…
Here’s another reason to cancel your ILP
If you need another reason to cancel your investment-linked policy (ILP) which you may have bought a few years ago, consider this: a lot of financially-savvy folks are cancelling have…