ElderShield vs CareShield Life: For Those Born in 1979 & Earlier

ElderShield vs CareShield Life

With the new introduction of CareShield Life, what should you expect?

What are the options available for you and what should you do?

If you’re born in 1980 or later, this article is not meant for you, go to my other article: “What is CareShield Life?” instead.

If you’re born in 1979 or earlier, you’re in the right place.

I’ll cover the general differences between ElderShield and CareShield Life, and then touch on specific scenarios.

Do read from the start for full understanding!

Read moreElderShield vs CareShield Life: For Those Born in 1979 & Earlier

What is CareShield Life? (Ultimate Guide for 2020)

What is CareShield Life

CareShield Life is the new addition to the family of healthcare plans in Singapore.

If you’re born in 1979 or earlier, go to this article: “ElderShield vs CareShield Life” instead.

If you’re born in 1980 or later, you must read through this guide and get acquainted with CareShield Life.

Why?

It’s compulsory for you to be included in the scheme.

So in this article, I’ll touch on the most important things such as what is it, the benefits and the premiums, etc.

So read on!

Read moreWhat is CareShield Life? (Ultimate Guide for 2020)

SRS Endowment (Annuity) Insurance Plans: Guide for 2020

srs endowment annuity

So you’ve already contributed to your SRS account.

But you know that only solves half of the problem – reducing taxes.

The other half of the problem is that the balance in your SRS account is only only earning 0.05% interest/year for the many years to come.

And inflation will negate any benefits you get from contributing.

There’s a variety of investment options for SRS funds out there but you’ve narrowed your search down to the SRS annuity plan.

In this guide, you’ll learn all about endowment plans using SRS funds.

So, let’s get on with it!

Note: To describe the SRS endowment, I’ll also be using the terms annuity, retirement plan, insurance product interchangeably. You’ll see why.

Read moreSRS Endowment (Annuity) Insurance Plans: Guide for 2020

Term and Whole Life Plans just had a Baby

Term and Whole Life Baby

Yes, you heard that right. 

There’s a newborn baby in the financial world. 

For some of you, it can be a game changer because this baby inherited the best DNAs from both parents – Papa Term and Mama Whole Life. 

For all the money you’ve paid to insurance companies, it’s time to get it back (finally!). 

I’ll touch on what this is but first, let me make a very quick detour…

Read moreTerm and Whole Life Plans just had a Baby