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Posts in category: Insurance

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April 17, 2023
by Understanding Careshield

5 Reasons Why Singaporeans Need Mortgage Insurance

Purchasing a home is an enormous financial commitment, and it's also one of the biggest assets most of us will ever have.Our home loans are designed to last a lifetime. However, a  lot of changes can occur in that time frame. Uncertainties, such as b ...

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April 10, 2023
by Understanding Careshield

An Overview Guide on Endowment Insurance Savings Plans in Singapore 2023

In a thriving economy, inflation is inevitable. Prices for consumer goods and services are expected to rise.Your liquid cash in the bank will lose value if you don't make any actions to preserve or grow it. One day,  you may find yourself short of mo ...

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February 27, 2023
by Understanding Careshield

Investing With An SRS Account: Three Reasons To Get Started

One of the biggest worries of Singaporeans is whether or not they'll have enough funds to retire comfortably.Opening and investing in a Supplementary Retirement Scheme (SRS) account can be part of your long-term investment strategy if you're one of t ...

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February 20, 2023
by Understanding Careshield

Critical Illness (& Early Critical Illness) Insurance Plans in Singapore: Five Reasons Why They’re Necessary

The effects of critical illness (CI), whether in its early, intermediate, or late phases, can be debilitating, and not just merely to one's health but also to their pocket.However, by adhering to good health practices, we can lessen our vulnerability ...

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February 13, 2023
by Understanding Careshield

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 ...

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February 6, 2023
by Understanding Careshield

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 ...

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January 30, 2023
by Understanding Careshield

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. ...

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January 25, 2023
by Understanding Careshield

Why Retirement Planning Still Matters Even If You Plan To Work For The Rest Of Your Life

Let's be honest: discussing one's retirement is never a great conversation topic to begin with. More than that, everyone would have a more immediate pressing financial commitment that they need to fulfill first. Consequently, a lot of people put off ...

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January 16, 2023
by Understanding Careshield

How Much Do Singaporeans Need For Retirement?

To varying degrees, we all struggle to put away enough money for retirement. It's possible that some of us are nursing an illness, taking care of aging parents, or finding a way to pay for the education of our children. There is no simple or obvious ...

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December 27, 2022
by Understanding Careshield

Here’s Why You Should Discuss Retirement Plans With Your Parents 

Singapore has one of the world's highest average life expectancies, with citizens expected to live until the age of 84.8 years. This number has been shown by numerous research to increase over the next decade.Not only will you enjoy a longer lifespan ...

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