For a few days last week, local unit trust platform Fundsupermart (FMS) started to offer insurance products on their platform. They even introduced their entry into the insurance market with a bang by offering to rebate 50% of the commissions on their products to their clients. The offer seems too good to be true and […]
With effect from 1st April 2013, general insurance company Chartis Singapore Insurance Pte. Ltd. will be known as AIG Asia Pacific Insurance Pte. Ltd. For those of you who can remember, the AIG entity in Singapore actually went through a rebranding exercise a couple of years ago to become known as Chartis Singapore. This was partly […]
Tokio Marine Life Insurance Singapore had launched their TM EarlyCare plan and EarlyCare rider earlier on the fifteen of this month. As the product name suggests, the new EarlyCare is a comprehensive staged critical illness plan/rider that aims to provide lump sum payout on the diagnosis of any of the covered early stages of dread diseases so […]
The government has been very busy the past few days, announcing a spate of measures to help children and parents with their healthcare and various other costs. Needy kids get more help with healthcare costs (MOH) Raising and caring for your children (MOH) Enhance Child and Infant Care Subsidies for Lower and Middle Income Families (MSF) Marriage and […]
Last Friday, MOH announced the confirmation of Medishield “enhancements” that they had proposed in a public consultation on Medishield changes in July 2012. The changes will take place from March 2013. Broadly, these are the changes: The Good a) Increase the coverage age from 85 to 90 years to ensure that our elderly remain insured as they live […]