insurance advisor

  Studies show that around 1 out of every 4 people in Singapore can end up developing cancer at some point in their lives. And, cancer does not discriminate by age. This might make you wonder – how will a senior person who is retired afford the high costs associated with a disease like cancer? The only way to stay secured against the high incidence of cancer is by having cancer insurance . Cancer insurance can form an important part of your health insurance portfolio. It can supplement the protection that you already have either from MediShield Life or from your private Integrated Shield Plan for wholesome protection. In this blog, we will take a closer look at the coverage that you can expect from a cancer insurance plan. What is cancer insurance? Cancer insurance is a type of plan that pays a lump sum amount if you are diagnosed with any form of cancer. If you are diagnosed with cancer you get 100% payout of the sum insured. The sum insured in a cancer insurance plan ...

  In the midst of all our financial responsibilities, it is often hard to put aside money for the moments that make life worthwhile. From that special holiday for your milestone 10 th wedding anniversary, to the car you have always dreamed of, saving money can often seem to be a tall order. Is that the situation you find yourself in at the moment? If so, you might want to consider opting for an insurance savings plan . An insurance savings plan can help you build a corpus of funds for the future so you can save up for the life you envision living. Let’s learn a bit more – What is an insurance savings plan? True to its name, an insurance savings plan has two components – savings and insurance. You pay premiums to the plan to create a corpus of funds. You are also covered with a death benefit. Insurance savings plans offer you the option of a single, one-time premium paid as a lump sum or regular premiums paid over the course of time. If you choose regular premiums, you can choo...