Insurance

Why do insurance premiums differ between men and women?

If you have read our previous post, you would have learnt how insurance companies make money. To summarize, the profit they make is the difference in premiums they receive from you and the amount they pay out to you in the form of claims. Naturally speaking, the amount of premiums you pay is also due to the expected amount of…

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Insurance

How to choose the term life insurance that suits your needs

In insurance, there is one ever-present debate. If you have not heard of it, it is the one of term insurance versus whole life insurance. That will be a topic entirely of its own. Today, you will learn about how to compare and find the best term life insurance policies. Features of term life insurance There are three main features…

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Insurance

All You Need To Know About Personal Accident Insurance In Singapore

No matter how we may avoid them, accidents can and do happen to anyone, anytime and anywhere. It doesn’t matter whether you’re operating heavy machinery, hiking in Tibet, taking MRT, or even taking a shower. And if you’re uninsured against injury or death from accidents, it could be disastrous for your finances. It only takes one accident to leave you…

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Insurance

Insurance Premiums For Integrated Shield Plans

Insurance premiums for integrated shield are set to climb this year. Being a little curious, we looked at the cost of the policies from each of the 6 insurers in Singapore providing an integrated shield plan. Before we go straight into the premiums from the various insurers, let’s try to make sense of what is MediShield Life and how integrated…

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Insurance

4 simple steps to managing your insurance policies

This post first appeared on Dollars and Sense. What is the similarity between your prom dress or suit and your insurance policies? Other than the fact that both cost a bomb, chances are that both of them have been long forgotten and possibly kept away in some dark corner of your house. Unlike the prom dress, your insurance policies must be properly…

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Insurance

5 types of insurance policies you should probably look into

What insurance policies do I need? Now, that is a question that almost nobody asks themselves. Every day, we shop for stuff that we need (or don’t need) either through the internet or visiting the physical store. However, when have you ever set out to buy an insurance policy? The reason why we don’t do so is because we do…

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Insurance

All about life insurance

Term insurance, universal life insurance, and whole life insurance. These are terms that we have heard before but we have never understood them. Just like how algebra was difficult at the start but is now second nature to you, understanding insurance is similar. In fact, it is even easier to comprehend. A mathematics teacher does wonder when learning algebra and…

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Insurance

Why Millennials Need Life Insurance

You’ve just graduated from school and landed your dream job. School is out, and you can’t wait to start work and finally do what you like. The road ahead looks rosy and full of excitement and guess what is the last thing on your mind? Insurance. But that should be the first thing you consider before you start working. Let…

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