Life Insurance Protection for Oneself and family
 Each human being has a economic-value. It is his/her ability, by occupation, work-experience and etc to churn this value into income for oneself and for his/her family. But each human being does not have the ability to control their lives outcome. Misfortune such as disability or premature death are not uncommon. Life insurance can help with the unexpected. It is a financial instrument to provide a sum of money for one's family's financial need when this unfortunate events occur. Economic value changes at each life stage/age.
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Dread Disease (Critical-illnesses) Cover
What are they? How many are there? Which disease will I be stricken with? How is it going to affect my family and myself financially. Each Insurance company have a set of 30 diseases cover and various conditions apply. It is important for you to understand what are they to cover yourself thoroughly. In our Latest compiled list, there are up to 37 diseases from various companies. If you are diagnosed with a specified disease, you will receive money that will be useful to pay for the medical expenses and future needs to help you and your family tide over difficult period especially if your income has been affected by this diagnosed. |
Disability
Income
 How can I protect my earned income if I become disabled? What are my employees' options if I become partially disabled an can return to work on a limited condition? An alternative plan would be necessary to replace the possible loss of income mainly through disability benefits (and other insurance program). Make a point to also include the cost of medical and nursing for the replacement amount which is for a period of a lifetime. This type of plan will pays you a fixed amount of money per month, for a predetermined amount of time, in the event that you become disabled and are unable to earn an income.
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Hospital &
Surgical
 How to avoid spending your life-long savings in the case of a health emergency? Installing a hospital & surgical Plan is critical since your CPF Medisave may not be sufficient. Such planning is to ensure that medical bills incurred during your hospital stay would be taken care of, including pre and post hospitalisation. You must know how the claims would be made payable since it differs from plan to plan. You must also keep-up-to-date on the hospital cost by various class of hospitals in Singapore.
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Long Term Care
This is a program in which a monthly income would be made available to you after a waiting period if you are considered unable to perform three or more of the defined "Activities of Daily Living" such as dressing, feeding, mobility, toileting, transferring and washing upon the diagnosis of advanced dementia. There are also.
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Annuity
A plan to ensure that you will receive regular income upon retirement and for the rest of your life. This is sometimes described as Life Insurance in reverse. A large sum of money is deposit with the insurer and at a specific time, the insurer will pay the client a series of smaller payment for a fixed period or for life. The client benefits most if he lives longer than the period they expected to live. Selecting the right type of plan is crucial (ie, when it should start, how long the payment will run). Some annuity may also be sold as indexed annuities, which allows the annual annuity to increase each year to offset the effects of inflation.
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Savings
Most people save their money in bank. If these money are easily withdraw at any convenient, you will ultimately not able to accumulate your savings. To culture a saving, one have to have a financial plan For a with disciple. Thus, there are some financial plans that allow you to put-aside. A disciple saving plan.
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Retirement Planning
 When in good health, one will live longer and a longer life means many years without a salary. Will my retirement funds (including CPF) be sufficient for this need - in light of increasing living standards and inflation? Just as the adequacy of death and disability benefits are measured by living standard to which a family is accustomed to, adequacy of retirement income depends on the insured living standards too.
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Accident Plan
 This is referred to as the double indemnity. In the event that you had a major accident, the insurer will pay you the sum equal to the sum assured. Nevertheless, your dependents will also receive this amount in the event of your death even if you had already received the sum assured as in above.
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Housing Mortgage Protection
 This program is to ensure that your mortgage (outstanding housing loans) will be fully funded in the unfortunate event if you are met with Total and Permanent Disability or Death (some policies include Dread Disease). This is to relieve your surviving family members (spouse, children, aged parents) the burden of heavy housing loan payments, especially within the Singapore context.
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Investment-linked
 Make your savings work harder for you by earning a returns between the range of 5% to 9% or above. This can be done by placing your fund in a "investment linked plan (ILP) that to a a professional fund manager who will you to invest in diverse companies and markets. While getting higher returns, this investment will also offer you protection - you will get coverage for not only Death, but also Disability and Critical Illness. You can put a lump sum (single premium) or a regular sum (regular premium) in these plans..
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Education Funding
 Education costs are rising every year. How can families afford the future cost of education for their child? The key is to develop a strategy to accumulate enough funds when the time for tertiary education comes. The planning system should include knowledge of present and future costs of education in Singapore and abroad, and it must include the life-value of one or both parents who will be call-upon to fund the plan.
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Key-Man Insurance
The mechanism of any business is often dependent upon one or two individuals. The death of the key person can cause serious financial difficulties. In theory, loss of key-man creates no problems. All that is needed is an immediate replacement with equal qualifications. Unfortunately this is seldom possible. In order to protect himself, he must identify a key-man and be convinced that losing him would cost a lot of profit. The solution comes with choosing the type of plan and helping you in findings the premium dollar. |
Partnership Insurance
The funded buy-sell agreement is an important solution to a serious partnership problem. But remember, your partnership prospects have other needs and problems as well. There may be liquidity problems after the death of a partner.
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What we anticipate seldom occurs, what we least expected generally happens
- Benjamin Disraeli - |
Insurance for Sole Proprietor
 Upon the death or disability of the sole proprietor, he will be personally liable for business debts and his business will become part of the proprietor's estate. Business creditors are able to recoup their payment from his asset leaving family members with none. Business continuation by heirs would be disrupted should the assets are forced to be liquidated, resulting in disastrous financial outcomes.
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CPFIS
The CPF Investment Scheme (CPFIS) gives CPF members more option in investing their CPF savings, while meeting the long-term objective of financial security in old age. Presently, one can used their CPF-OA and CPF-SA account to invest. They can either invest in CPF approved ILP, Unit-Trust and Single-Premium endowment plans. You need to know the limit one can used their fund. The plans used for this investment must be approved by the CPF Board.
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SRS Planning
SRS also know as Supplementary Retirement Scheme. It is a scheme that launch by the Government to help tax-payer to reduce their personal tax. When the tax-payer set-up this account, the money in the account are allow to be use to invest in approved Single premium endowment plan or investment in unit-trust funds.
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Takaful Investment
This "investment" plan embodies the concept of "Takaful" which is based on the concept of "Guaranteed Custody" and "trustee profit sharing" amongst Muslim buyers. In this investment-plan, your contribution will be put only in businesses and investment that are permissible by the religion. |
Group Insurance Schemes
Keeping the spirit and morale of employees high is an important business element. Group Insurance for your employees would constitute as a welfare scheme for them. It offers medical coverage which can reduce the impact of expenses from unexpected medical costs and the loss of employee from death and disability. Furthermore, the employer will get tax relief from insurance expenses since premiums paid are regarded as business expenses.
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Travel Insurance
Insurance for travelling
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Car Insurance
Insurance for cars
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Professional liability & Work-Man Comm
Insurance for Professional Liability and Work-men compensation plans |
Directors & Officers
Insurance for Directors and Officer |
House-Contents
Insurance for house-contents
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Asset Insurance
Insurance for investment asset like art-pieces
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Global Medical Plans
More people are making trip abroad for work and at times they are station in foreign-land. Biggest of people are in the event of situation that they need medical care, do their present medical policy cater to this need. Is there restriction in claim. As such, a Global medical plans will help them.
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Housing Loan
After concluding your house purchase, the next stage is looking for a housing loan to finance your loan. Which is the best loan available to you? There are many considerations to be consider. What are they?
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Re-Finance Housing Loan
Are you getting the best home loan rate? Make a check with other financial institutions to know what they have to offer. You could save thousand of dollars. Never ignore the possibility as the extra dollars could be put to better use.
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