The traditional mode of how insurance is sold is a frustrating process for most people. Consumers do not know where to start when it comes to getting insured. In many cases, there is a sales-pitch and high pressure selling from advisers who have a conflict of interest. To address these needs, Do It Your-way Insurance (DIYInsurance) was launched in 2014 to empower people to make informed decisions about their own insurance purchase and they started Singapore’s 1st Life Insurance Comparison
In its fundamental form, insurance is a contract that enables individuals or entities to receive financial protection against losses. It ensures the stability of families and businesses after a crisis or other unfortunate events. Simply put, insurance grants policyholders a peace of mind. Isn’t that what everybody wants – to be able to sleep at night without having to worry about what the future holds? These are the reasons why I am drawn to getting insurance policies. I have to
There is a new trend circulating the insurance market. This trend is none other than women’s insurance. Have you heard of this? I cannot deny the fact that women are more prone to certain diseases due to the workings of the female body. Health issues such as pregnancy complications and ovarian cysts are peculiar to women. Some of these health conditions are not covered by life or health insurance due to its exclusivity. This is why women face encouragement to
It is highly likely that infections of Zika virus will continue to elevate in Asia, according to the recent statement given by the reputable World Health Organization. This statement encourages heightened awareness as 70 countries were already affected. Zika virus has been endemic in Thailand, Malaysia, and Singapore. In our country alone, there have been over 400 reported cases this year. For those of you who are not familiar with this illness, let me enlighten you! The first case of
Singapore’s public and private hospitals offer some of the world’s most exceptional healthcare services. The only drawback is the rising healthcare costs of about 8-9% each year. Other countries are embracing this upward trend due to the global inflation. The question now is: “How will you save for future healthcare costs?” CREATE A SEPARATE SAVINGS ACCOUNT If you have a trusted financial advisor in your network, discuss about the feasibility of opening a separate savings account for your healthcare costs.