Travel Insurance vs International Health Insurance with selected Covid-19 Coverage

Are you unsure about the difference between travel insurance with selected Covid-19 cover and international health insurance? Here we look at the key differences between the two types of cover.

In short, travel insurance with Covid-19 cover is designed for holidaymakers and those on short business trips to cover things like emergency medical treatment (including covered events related to Covid-19), cancellations and personal belongings. International health insurance provides multi-country cover and is designed for those living and working overseas who need cover for in-patient medical check-ups, medical emergencies and ongoing treatment of chronic conditions.

Below is a general comparison of travel Insurance with selected Covid-19 cover and international health insurance. Exact coverage will depend on the chosen policy.

What about lockdowns and other kinds of general travel disruption?

It’s important to remember that travel insurance doesn’t cover you for everything*. For instance, it does not generally cover against lockdowns, border closures and other kinds of general travel disruption.

*It’s important to remember that travel insurance doesn’t cover everything. Your policy will be subject to the terms, conditions, exclusions, and benefits limits of the policy wording

Travel insurance (with selected Covid-19 cover*) – in more detail

Travel insurance with selected Covid-19 cover is travel insurance that covers you for things like trip cancellations / trip interruptions / trip delay , loss/theft of personal belongings and emergency medical treatment, and includes selected coverage for Covid-19, pandemics and epidemics before or during your trip (in line with the Policy Wording of your chosen policy).

For example:

  • If you or a travelling companion/family member are diagnosed with Covid-19 before your trip and need to cancel, you can make a claim for things like travel and accommodation costs.
  • If you or a travelling companion/family member are diagnosed with Covid-19 during your trip, you can make a claim for things like medical care and quarantine costs.

In terms of medical coverage, travel insurance is intended to provide short-term emergency medical treatment within your specified area or period of cover. The aim of this is to get you well enough to return home. Travel insurance rarely covers long term medical treatment.

Selected Covid-19 coverage* with Allianz Travel

Travel insurance from Allianz Travel Singapore includes selected Covid-19 coverage*, plus cover for epidemics and pandemics in general (when diagnosed with a disease). The Medical and Dental cover limit is S$1,000,000 (Comprehensive Bronze and Silver) and unlimited for Comprehensive Platinum.

Travel insurance in general is designed to cover you for trips of limited duration. It is intended for holidaymakers and short term trips abroad, and also offers protection against other travel related issues.

For example, Allianz Travel insurance benefits include:

  • Selected Covid-19, pandemic and epidemic cover*
  • Medical/dental cover of up to $1,000,000
  • 24/7 Medical Assistance
  • Cancellation, Delay, Curtailment
  • Loss/theft/damage of valuables
  • Rental Excess cover (Silver & Platinum Plans only)

If further treatment is required, you will be expected to return to your home country. Cover ceases once you are back in your country of residence.

*It’s important to remember that travel insurance doesn’t cover everything. Your policy will be subject to the terms, conditions, exclusions, and benefits limits of the policy wording. For more information please click on the Allianz Travel Policy Wording

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International health insurance – in more detail

International health insurance is designed for individuals and families living and working overseas for prolonged periods. It is designed to cover things like in-patient care, out-patient GP visits, emergency treatment, specialist consultations, maternity and dental. International health insurance is multi-country and provides members with flexibility in terms of choice of doctor and treatment facility, and with the ability to receive treatment anywhere within their region of cover.

For individuals or families who are unfamiliar with a country’s health system and/or language, international health insurance can make it easier and simpler to obtain medical care. Depending on which country you are moving to, it may also save you significant sums of money compared to ad hoc care if you are not entitled to local free or subsidised medical care.

International health insurance plans vary, but often include:

  • Hospital stay
  • Routine check-ups
  • Cover for pre-existing conditions
  • Cover for chronic conditions
  • Choice of medical providers

Some international health insurers make it possible to build a plan that suits specific needs. For example, Allianz offers a standard Core plan to which modules can be added, including:

  • Out-patient treatment
  • Maternity care
  • Dental care
  • Repatriation

If you choose international health insurance from Allianz, benefits include:

  • A range of treatments, inclusive of specialist fees and diagnostic tests, plus generous cover for alternative treatments and physiotherapy
  • Health and wellbeing benefits, including digital health apps
  • Cover for emergency treatment overseas, medical evacuation and nursing-at-home
  • Choice of supplemental cover including Maternity, Dental and Repatriation Plans
  • A growing network of over 900,000 quality medical providers
  • Cover for Covid-19, pandemics and epidemics

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How to Bounce Back from a Costly Mistake at Work

Take a step back. We all make mistakes at work, and no one is perfect!

Depending on the gravity of the mistake and your tenure with the organization, a timely resolution may solve your problem. Whether you missed a deadline or came unprepared to a client meeting, the most important thing is to act and address the situation sooner rather than later.

On that note, here are eight steps you can take to deal with your costly mistakes at work.

#1: BE ACCOUNTABLE

There is no point in hiding your mistakes or finding a scapegoat to cover up your problems. Be accountable for the mistakes you have made. These are part of the learning process that can help you become better at your job. Assess your part in the situation and acknowledge where things went wrong.

#2: BE ABLE TO EXAMINE THE SITUATION

Look into the issue with fresh lenses. Pretend as if someone else made the mistake to evaluate what happened with an objective eye.

Ask yourself these questions:

What actions led to the mistake?
What is the severity of the situation?
What should the person have done instead?
What are the consequences of the mistake?
How can the situation be prevented in the future?

#3: BE OPEN TO A PRIVATE MEETING WITH YOUR SUPERIOR

Setting up a private meeting with your boss may not always be necessary, but you could schedule one if your mistake led to serious repercussions.

Be direct, factual, and honest during this meeting. Apologize for your mishaps and explain what happened. Your boss does not need to listen to your excuses!

Image Credits: pixabay.com

#4: BE APOLOGETIC

A sincere apology goes a long way. Other people can still be held accountable for the mistake you made. Your boss and co-workers may step in to fix the issue too. So, being apologetic is important in maintaining these professional relationships.

#5: BE ABLE TO COME UP WITH SOLUTIONS

Instead of whining about your mistake, focus on finding a solution. Once you determine where things went wrong, you can figure out how to fix it. Leaders appreciate people who bring solutions instead of problems. These types of people are usually considered to rise to the top.

#6: BE ACTIVE IN SOLVING THE PROBLEM

Do everything within your power to ensure that the issue gets remedied or fixed quickly. List all the viable solutions and review which one offers the best outcome. Stay in the path throughout the process even if the resolution has been taken out of your responsibilities. It is still vital to know how the solution was executed for future references.

#7: BE OPEN TO CHANGE

You should constantly adjust your flow until you find a work routine that suits you best. If you are always late in submitting your reports or if you are always sending the wrong proposals, you must do something to turn things around. Incorporate healthy habits such as using a planner or meditating for a few minutes. Apply healthy habits to improve your focus, concentration, and productivity.

#8: BE KIND TO YOURSELF

You can be your harshest critique. Eliminate any negative self-talk, learn from the mistake, and move forward. The mistakes you make will not ruin your career. Instead, your reaction to these mistakes can break you!

Image Credits: pixabay.com

Sources: 1 & 2

 

 

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5 Financial Red Flags in a Relationship

Is your relationship doomed?

While you and your partner are compatible in many areas of your life, it is possible to be financially incompatible. Ongoing financial problems can quickly put a strain on your relationship. As such, these are some red flags that you may keep a lookout for.

#1: YOUR PARTNER HIDES HIS OR HER CASH FLOW

What will you do if you find a receipt or a billing statement for a purchase that your significant other made? Moreover, he or she gets defensive every time you bring it up. Over-spending, lying, and hiding finances can destroy any relationship.

Your partner not only spends money without telling you, but also spends a portion of your joint savings and hides it. You can work through your financial issues by attending counseling together.

#2: YOUR PARTNER CONTROLS YOU THROUGH MONEY

One of the financial issues that counselors observe in a marriage is financial abuse. A spouse tries to control the other through money and allowance. This is more common for people who only have a single-income household. It is nice to have someone take care of financial matters, but decisions need to be made as a team.

Your spouse should not hang financial decisions over you once you are married. Consider seeking help before the situation becomes too serious to manage.

#3: YOUR PARTNER LIES ABOUT FINANCIAL MATTERS

One of the biggest red flags that you must watch out for is dishonesty about financial situations. From small instances such as hiding the amount spent on a dress to big instances such as hiding the amount of debt they have, lying about your bad financial situation and spending habits can hurt your relationship.

Image Credits: pixabay.com

Lying sets a precedent for later in the marriage, and it is not a thing that you want to deal with.

#4: YOUR PARTNER HAS AN ADDICTION

It is tough to maintain the stability of your relationship when your partner has an addiction problem. From drug addiction to gambling or shopping addiction, you need to handle your financial issues as a team when addiction is involved.

These types of behaviors can affect your finances and destroy years of hard work. You should certainly see a counselor to work through your partner’s struggles with addiction.

#5: YOUR PARTNER DOES NOT PAY BILLS ON TIME

While everyone makes mistakes, it is a different story if your partner consistently pays his or her bills late. Does your partner notice? Does your partner care?

If you live together, this shows that your partner is not considering you or how unhealthy habits affect the relationship. Discuss this important matter with your partner.

Sources: 1 & 2

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Inexpensive Alternatives to Diamond Rings

You are one step closer to the aisle. Congratulations! Tradition dictates that you pop the question with a ring. With the variety of engagement rings in Singapore, how will you find the “perfect” one?

Diamonds are considered a classic choice for engagement rings. You see, diamonds are one of the strongest naturally occurring substances on earth and are capable of withstanding almost anything. It symbolizes the kind of commitment that comes with marriage. However, diamond rings may not be the best choice for everyone. If you are looking for a less expensive or a more unique engagement ring, you may consider a diamond alternative instead. Look at these five beautiful gemstones that can suit your partner’s taste!

#1: RUBY

Classic and bold are words that encapsulate the beauty of rubies. Ruby is the gemstone of love. Its visually pleasing color comes in shades of deep pink to red. It makes a wonderful contrast when paired with yellow or white metals.

Suitable for everyday wear, rubies are certainly durable. When it comes to its price, ruby is not as inexpensive as the other gemstones. Rubies are priced higher per carat than any other colored gems.

#2: MOISSANITE

In the past several years, moissanite has become increasingly popular as a diamond alternative. It not only resembles a diamond, but also sells at a fraction of the price of the diamond. Active brides can benefit from the durability of moissanite gemstones. After all, moissanites are the second hardest gemstone used in jewelry making today.

#3: AQUAMARINE

Looking for your “something blue”? Opt for a serene and elegant choice such as the light blue aquamarine. Part of the beryl family, aquamarine can be a beautiful family heirloom. Just ensure that you keep it separately from other jewels and polish it over the years. With its hardness rating of 7.5-8, aquamarine can be scratched by diamonds and sapphires.

#4: EMERALD

With its glistening green hue, emeralds are a gorgeous choice for an engagement ring. Emeralds are customizable. It comes in a variety of shapes and sizes to easily fit your dream ring.

Like aquamarine, emeralds have a hardness rating of about 7.5. Thus, it will require a little more attention and care when being stored or worn. The most appealing emeralds come in deep green with a highly transparent appearance.

#5: SAPPHIRE

Sapphire is a precious gemstone known for its elegance and durability. Sapphires are one of the hardest diamond alternatives and are ideal for everyday wear. It is made to last a lifetime. Moreover, there is less upkeep with these gemstones.

Sapphires are usually less expensive than diamonds of similar carat weight and shape. Because of this, white sapphires are highly sought after as an alternative to diamonds for engagement rings. Couples who are eager to maximize the size of the center stone while staying within a budget can opt for a sapphire.

Image Credits: pixabay.com

As you start this life-changing journey, remember what the ring symbolizes for you and your partner. As J.W. Lord put into writing:

“A wedding ring is a symbol of commitment; a promise, a pledge, and a vow. The promise is to forsake all others, to stay devoted and true; the pledge is to honor that promise selflessly, to see the whole thing through; and the vow is to keep that pledge unwaveringly, until the days are few. It is a mutual agreement to become one instead of two.”

Sources: 1 & 2

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5 Exciting Spots for Valentine’s Day Dates in Singapore

Take your special someone or gather your beloved squad for a memorable Valentine’s Day date!

The day of love is just around the corner. If you are scrolling through this list, there is a chance that you might be out of ideas on how to impress your significant other. Whether you are still looking for the perfect gift or the perfect experience, here are some exciting spots that you can visit in Singapore. May you enjoy your romantic time together!

#1: TUFTING TOGETHER

Similar to embroidery or knitting, tufting is a type of textile craft in which a thread is inserted on a primary base. It is traditionally used for making rugs. Since then, it has made its comeback and has won the hearts of many.

What better place to take your significant other than at the first tufting studio in Singapore? Nestled in a two-story shophouse along Circular Road, Tuft Club offers workshops for tufting a rug and more. You will be guided by staff members on how to operate a tufting gun and how to use different techniques throughout the session.

Image Credits: facebook.com/tuftclubsg

Their 4.5-hour session costs S$195 per person. Book here.

#2: A DAY WITH BAE

Spend a day with bae at a place filled with flowers and greenery – visit Gardens by the Bay! Let your romantic side shine through as you feast your eyes with colorful floral arrangements, indoor waterfalls, and attractions like the Flower Dome.

From now until 20 Feb, Flower Dome displays the “Dahlia Dreams”. Admire the field of over 2,000 blossoming dahlias made up of over 70 cultivars. What’s more? The larger-than-life floral lanterns featuring peonies and narcissuses are a part of the River Hongbao’s display. All these come with spectacular lights in the evenings!

Image Credits: gardensbythebay.com.sg

To secure your spot in advance, you can book your ticket online here.

#3: PLAY WITH REALITY

Let your squad figure out what’s real and what isn’t at HeadRock VR. Singapore’s first VR experience makes for an entertaining Valentine’s Day date. Play with reality as you choose between eight different thematic attractions. If your friends or your partner enjoy trying new things, this can be ticked off your bucket list!

Image Credits: facebook.com/headrockvrsg

Price for the HeadRock VR Single Play + Cable Car ride starts at S$13 (T&Cs apply). As HeadRock VR is in Sentosa Island, you can combine your booking with other attractions like Universal Studios.

#4: ICE CREAM FOR INTIMACY

Indulge on a sweet date at the Museum of Ice Cream. The museum recently launched a playful romance-themed attraction that allows its guests to explore the definitions of intimacy, whether as a couple or as friends.

Share memories with your loved ones at the Cone-nection Cube. Here, you will be completing a series of quests that will enhance your bond. Along the way, you will encounter new Instagrammable corners including a mirrored disco room. Feel free to snap a sweet moment together!

Image Credits: facebook.com/museumoficecreamsg

Best of all? All visitors will be given a complimentary Hendrick’s Lunar Gin cocktail and unlimited sweet treats as part of the experience. You can buy your tickets here.

#5: AESTHETICALLY PLEASING HIGH TEA

Sweep your lover off her feet by taking her on an escapade at a Moroccan-inspired cafe called La Fez. Check out their menu that is sprinkled with Middle Eastern delights. Apart from this, you can indulge on a Sultana High Tea Set, which is priced at S$45.90 for 2 persons.

This set is served on an opulent-looking tiered tray consisting of a mixture of sweet and savory nibbles as well as Khubtz Beef Brioche and Tashelhit Salmon Brioche, to name a few.

Image Credits: facebook.com/wearelafez

This weekend, you can celebrate Valentine’s or Galentine’s day with them by snacking on their complimentary dessert. Only one complimentary dessert will be served per table and with a minimum order of a main (T&Cs apply).

Sources: 1 & 2

 

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