Car insurance is designed to protect you, your family and your vehicle when your car is damaged or if you are involved in an accident on the road. The coverage also protects your assets when you are found responsible for causing the accident. Car insurance can come with a hefty price tag. However, do […]
Consequences of Driving Without Car Insurance in Singapore
In Singapore, the price of car insurance depends heavily on many factors. Most importantly, it can skyrocket in premiums especially if you were involved in any accidents recently, or have any offenses on your driving record. Even for someone with a clean record, the average cost of car insurance can range from S$700 to exceeding […]
Which Travel Insurance Is the Best in Singapore?
As more nations gradually open up their countries and loosen COVID-restrictions to tourists and foreigners, many people will have travel on their minds. Remember the good old days when lost luggage was your biggest worry? These days, the most likely mishaps to happen are related to COVID-19, whether it be an infection, or a trip […]
What You Have to Know About Critical Illness (CI) Plans.
At some point in your life, either you, your family members, or your peers will experience illnesses that will be highly detrimental to your or their lives. According to the Singapore Cancer Society, cancer treatment is estimated to be between $8,000 to $17,000 every month! Covering healthcare costs to mitigate the severity of critical […]
2 Things to Know When Choosing a CI Plan in SG
We all know that choosing an insurance plan can be extremely daunting and time-consuming. There are many companies to choose from, and some acquaintances working in the insurance industry trying their best to get your attention can be frustrating. What many people do not know is that in Critical Illness (CI) plans in Singapore, there […]
HDB Fire Insurance: What You Need To Know About Them.
Overview Owning a HDB flat is one of the most rewarding achievements for a typical Singaporean. Therefore, we want to protect something so valuable in our lives. One of the most common disasters in HDB homes is fire incidents. According to SCDF, there were “1,010 fire incidents in residential premises, both private and public” […]
All About HDB Fire Insurance
On 6 September 2021, the fire breakout at Telok Blangah saw over a hundred residents evacuated. Pictures of the blackened corridor and charred remains of plant pots were all that was left. The fire was fuelled by cardboard boxes, furniture and other items which cluttered the common corridor unit. Perhaps a few important lessons can […]
HDB Fire Insurance VS Home Insurance
If you are a HDB home owner, then you must have remembered paying the seemingly paltry amount of a few dollars for 5 years of fire insurance. Depending on the type of housing, the cost of the mandatory HDB fire insurance ranges from $1.62 to $8.10 for 5 years. Sounds too good to be true? […]