Tag: 2021

5 Biggest Pitfall to Avoid When Planning for Retirement

5 Biggest Pitfall to Avoid When Planning for Retirement

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5 Biggest Pitfall to Avoid When Planning for Retirement. While thinking about retirement, one can be tempted to believe in the idea that it’s just a matter of saving for a while and the money will be there when need it. It’s not as simple as that. Experts advise us to plan ahead, estimating what expenses we might have in the coming years. If you’re planning for retirement, here are 5 things you should avoid: (more…)

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Insurance Industry to Reduce Par Policies Illustrative Rates of Return

Insurance Industry to Reduce Par Policies Illustrative Rates of Return

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According to The Business Times: 3 Jun 21, insurance industry to reduce par policies illustrative rates of return. The Life Insurance Association (LIA) said on Wednesday that the upper bound for par policies’ projected rate of return will be reduced from 4.75 to 4.25 per cent; the lower bound will be revised from 3.25 to 3 per cent. (more…)

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Transition of Integrated Shield Plan Riders to Co-Payment

Transition of Integrated Shield Plan Riders to Co-Payment

 

How the Changes to the Integrated Shield Plan Riders (PRUExtra) on 1 April 2021 will Impact You

In 2018, the Ministry of Health announced guidelines for policyholders to co-payment a minimum of 5% on medical claims made from their Integrated Shield Plan (IP) riders, to help address rising healthcare and health insurance costs in Singapore. The Health Insurance Task Force (HITF) also recommended that insurers incorporate suitable claims-cost control measures for all Integrated Shield Plan (IP) riders. (more…)

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Prudential with SuperM to Push Healthy Living Across Asia

Prudential with SuperM to Push Healthy Living Across Asia

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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…)

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