First things first, car insurance is mandatory in Singapore. According to the Motor Vehicles (Third-Party Risks & Compensation) Act, it is compulsory for one to purchase a car insurance plan for coverage if you want to drive on the roads. The insurance must at least cover the injury or death caused by your vehicle. […]
From fatal accidents to car insurance in Singapore, there is so much car owners need to think of. There are many things on the line: personal safety as the driver, safety of those in the car, and safety of your wallet. Owning, maintaining, and paying for car insurance in Singapore is expensive. Most of […]
Car Insurance on a Budget With increasing cost of living, rising gas prices and inflation in Singapore, the last thing you need is a car insurance policy leaving you paying for services you don’t need. Here’s how to pick what car insurance will have the services you need. Would You Repair Your Car? Car insurance […]
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 […]
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 […]
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 […]
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 […]
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 […]
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” […]
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 […]
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? […]