SG Wealth Builder

To make money. To build wealth. To preserve wealth.

Insurance coverage; medical shield; financial planning; personal finance

Lack of understanding on Medishield Life among Singaporeans

SG Wealth Builder

I came across the article by fellow blogger, Andrew Loh, on his recent medical bill. Andrew is a blogger whom I respected a lot because of his various quality articles in Yahoo Singapore website. Arising from his recent medical ordeal, I realized that there is a lack of understanding on Medishield Life among Singaporeans. In […]

MediShield Life versus Private Integrated Shield Plan

SG Wealth Builder

MediShield Life was rolled out in November 2015 to replace the MediShield. Unlike its predecessor, MediShield Life is a mandatory basic health care insurance designed to provide better coverage for Class B2 and C wards in public hospitals. There is also no need for Singaporeans to apply for MediShield Life. Given that MediShield Life provides […]

Shortchanging your health insurance may cost your life in Singapore

SG Wealth Builder

Two weeks ago, I upgraded my whole family’s health insurances to Integrated Shield Plan (Private Hospital)  to provide maximum coverage for medical expenses. As I also opted for the rider to cover the deductible and co-insurance portions, the amount of cash forked out was about $1,100 per annum after Medisave deduction. The decision to upgrade […]

Frightening Truth about Investment-Linked Insurance Policies

Insurance

Last month, the Monetary Authority of Singapore (MAS) launched compareFIRST with Consumers Association of Singapore, Life Insurance Association of Singapore and MoneySENSE. compareFIRST is a portal that contains information on life insurance products offered by all the life insurers in Singapore. However, way before the website was launched, last year, SG Wealth Builder had an […]

Traded Life Insurance Policies in Singapore

sg wealth builder

Singaporeans love to buy and sell properties and cars, and the secondary markets have been vibrant for these two big-ticket items. To source for the best deals, Singaporeans can conveniently log on to online websites like iProperty and SG Car Mart. But how about insurance policies? In US and UK, the secondary markets for traded […]

(Sponsored article) Confused Now – a free-access forum to share and compare insurance plans

I do have a bad experience with a few insurance agents.  They are selling you plans which have a higher commission rather than a plan which you actually need. They attempt to hide some agenda and it is difficult to understand the plans through the web. I believe in asking people who have purchased similar insurance […]

My late father’s experience with Eldershield

One of the readers of AK71 solicited his views on Eldershield in his blog, “A Singapore Stock Market Investor”. In his post, the author wrote that he don’t need the Eldershield protection but nonetheless, had not opted out of the scheme due to his “friend’s persuasion” (Singapore Citizens and Permanent Residents (PRs) with Medisave accounts […]

SG Wealth Builder © 2016 Frontier Theme

Sign up for SG Wealth Builder articles

Enter your email and stay on top of things! Get the latest articles on hot stocks, career, property strategies and gold market!

Join 1,044 other subscribers