According to Asisone.com (Published JANUARY 18, 2021) a number of the Insurance companies in Singapore have expanded their coverage to include allergic reactions from taking the vaccine. (more…)
photo source: marketing-interactive
According to Marketing-Interactive (05 JANUARY 2021) Prudential Asia has collaborated with Korean pop (K-pop) group SuperM to launch a new campaign titled “We DO Well Together”. (more…)
According to CPF Board, Ministry of Health first launched ElderShield in September 2002. ElderShield was offered to eligible Singapore Citizens and Permanent Residents (PRs) who had a MediSave Account (more…)
Meng Chan Financial Wishes Everyone a Merry Christmas 2020. I took this photo when I visited Santa Claus Village in Finland, they said is where Santa live. It was my first time get close to a real life reindeer!
Wishing you a Christmas that’s merry and bright! We hope you have a safe and relaxing holiday season.
According to The Strait Times (PUBLISHED NOV 22, 2020, 5:00 AM SGT) there are four top misconceptions of insurance in Singapore. Click below to read the full article. (more…)
Wishing everyone a Happy Diwali, Deepavali 2020 Singapore from mengchansg.com, may the light in you shine brightly always!, As all the lights of the world cannot be compared even to a ray of the inner light of the self. Merge yourself in this light and enjoy the festival of lights. (more…)
According to CPF, it is CPF Lifelong Income For The Elderly (CPF LIFE) Scheme a longevity insurance scheme that insures you against running out of your retirement savings. Thus, the objective of CPF Life is to provide CPF members a monthly income for as long as they live to supplement their retirement expenses. (more…)
According to Ministry of Health, Additional Withdrawal Limits is to help Singaporeans pay for part or all of their Integrated Shield Plan (IP) premiums using Medisave. And according to CPF, The MediSave withdrawal limits are imposed to conserve members’ MediSave savings from being depleted too fast for their future hospitalisation needs. (more…)
According to Straits Times article, (PUBLISHED SEP 29, 2020, 6:00 PM SGT) MediShield Life premiums may rise by up to 35% next year, which is under proposed changes. This will be the first increase in premiums for the compulsory health insurance since its launch five years ago. At the upper end, the proposed hike will exceed $500 a year. In the article, it also states that, all Singaporeans will receive a 70% subsidy on the increase. This goes down to 30 per cent in the second year. With the increase of MediShield Life premium, it also comes with more coverage and benefits, to cover more and larger hospital medical bills. (more…)
Ms Angeline Alexander, head of high net worth and affluent customer segments at Prudential Insurance Singapore, recently spoke to Money FM 89.3 host Rachel Kelly on Prime Time, and explains why the downturn is a good time to take stock. Click on the article below to find out more. (more…)