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Do you know more than half of fire occurrence happens in residential premises (52%)? There were a total of 935 fire incidents that occurred in residential premises (private and public) in 2022. Source: Singapore Civil Defence Force, Annual Statistics 2022 Report Breakdown of the causes of fires in residential buildings (2022) Source: Singapore Civil Defence […]...
The results from QBE’s latest SME survey are in, and after a difficult few years of Covid-19 restrictions, 2022 marked a turning point for SMEs in Singapore with 2023 expected to be a year of growth and opportunity. While every business faces its own unique challenges, a majority of SMEs are positive about the new […]...
When it comes to health insurance in Singapore, both Singaporeans and PRs are covered by the MediShield Life plan. You can choose to add on to this basic plan with an Integrated Shield Plan (IP), which gives you the option of being treated in better wards or private hospitals. Recently, there have been some changes […]...
Weddings in Singapore do not come cheap, given that it is one of the most expensive cities in the world. While a wedding is a once in a lifetime event, overspending all for the events of one day is utterly wrong. You should instead be spending on making memories with your partner. Getting your priorities […]...
While travelling is out of the question for now, you’re going to want to be ready for travel once the borders open up again. A major part of your preparation should be travel insurance. Many insurance companies offer travel insurance cover, allowing Singapore residents to enjoy or make the most of their trips. Accommodation is one […]...
MediShield Life is an insurance scheme administered by the Central Provident Fund (CPF) Board. The program covers basic health expenses for Singapore citizens and permanent residents. In particular, the scheme enables the beneficiaries to pay less for large hospital bills. Specifically, the program operates under a co-payment scheme that allows the sharing of the burden. Initially, […]...
A report noted that elderly medical expenditure will rise up to ten times the current amount by 2030. Coupled with a general rise in the cost of living, especially in Singapore, there is a dire need for insurance coverage. Fortunately, Singapore has such coverage. To get a better understanding of the cover, one has to first understand […]...
The government of Singapore has in place a medical insurance scheme for its people. MediShield provides basic cover for Singapore citizens and permanent residents. However, those who desire better beds in hospital wards and more choice of doctors can access Integrated Shield Plans (IPs). The IP is an additional program offered by private companies. Usually, […]...
Many millennials in Singapore do not have insurance cover, quoting various reasons as to why they do not. The cover we are referring to here is different from the basic cover that the government provides. Many choose to go for the Integrated Shield Plan (IP), which provides more comprehensive health insurance than MediShield Life. However, […]...
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