When it comes to safeguarding our financial well-being, many Singaporeans already have health insurance plans like Integrated Shield or CareShield Life. However, these plans may not offer comprehensive protection against disability, especially if you ...
What You Need to Know About The ElderShield Upgrade
The ElderShield severe disability insurance program was launched in 2002 by the Ministry of Health (MOH).If you are a Singapore Citizen or a Permanent Resident (PR), you will be automatically enrolled in the scheme after you reach the age of 40. Arou ...
Why Delaying Retirement Planning Is A Mistake
The majority of us put off retirement planning until later in life. However, this may be a bad idea because plans take time to yield fruit, and getting a head start is one of the best ways to make that happen.The Straits Times (2021) reports that man ...
Elderly Care: What Are The Options And How Much Do They Cost?
The aging population in Singapore has long been a source of concern for the government. The dilemma of what to do with our aging parents, grandparents, and other loved ones isn't going away. Is it a good idea to leave the elderly in the care of a hou ...
How Much Is the Cost of Hiring A Private Nurse to Take Care of Our Elderly Loved Ones
When we talk about family, we'll do anything for the sake of our loved ones, especially if it means protecting their health and happiness. Remember that your own parents have provided a safe haven and a solid foundation for you when you were a child. ...
All You Need to Know About Nursing Homes in Singapore
Nursing homes are a place where our elderly loved ones can go to be cared for when they are at the worst point in their lives but bringing them into a nursing home is never easy.While they require nursing care and attention, we often have strong rese ...
The Best Financial Gifts For Our Parents
As our parents' resources and incomes dwindle, it becomes more challenging for them to seek out investment opportunities that would increase their retirement savings and protect them from inflation.Your time and your parents' money are the two things ...
The 4 Best Gifts For Our Loving Parents This Christmas
Now that December has arrived, you're just in for the perfect time of the year to express our love to our loved ones through valuable presents, especially to our elderly parents. But what would be the most thoughtful present for our parents' reti ...
Should I Switch from ElderShield to CareShield Life
CareShield Life was introduced two years ago, and is now mandatory for all adults aged 30–40 years old. However, the CareShield Life team has recently sent out letters to anyone over the age of 40 to notify them of the option to switch from ElderShi ...
Here’s Why You Should Consider Getting a Long-Term Disability Insurance
If you look around you, you'll realize that disability isn't just a problem that solely affects the elderly; it can happen to anyone. Even young, healthy people can become incapacitated overnight and become fully reliant on others for the most basic ...