Term vs Whole Life Insurance: The Pros & Cons to Help You Decide

term vs whole life insurance

Term or whole life insurance? Which is the best?

This debate has been going on forever.

Both camps always say they’re better.

But which one should you go for?

In this article, we’ll touch on the differences between the 2 popular insurance plans.

At the end, you’ll gain a better understanding to help in your decision.

Read on!

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Singlife with Aviva’s MINDEF/MHA/SAF Group Insurance: Is It Worth It?

mindef mha group insurance

These days, a term insurance plan is one of the core insurance policies to have.

Whether you’re still serving NS or have ORD’ed, you must have heard about the Singlife with Aviva’s MINDEF & MHA group term insurance.

Are the cheap premiums justifiable for it to represent the sole life insurance component in your financial portfolio?

Let’s take an objective look and find out now!

(Note: this article has been updated to reflect the new changes as at 1 Jan 2023.)

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Dependants’ Protection Scheme (DPS): What It Is & Is It Worth It?

dependants protection scheme

The Dependants’ Protection Scheme (DPS) might have just landed on your radar, but what exactly does it offer?

Is it worth holding onto, or does it fall short of what you need?

In this guide, we’ll break down the key features of DPS, explore its benefits, and highlight its limitations to help you decide if it’s right for you.

This article has been updated to reflect the latest changes effective from 1 April 2021. Let’s dive in.

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5 ElderShield Claim Statistics You Must Know (Updated for 2021)

eldershield claim statistics

ElderShield has been the talk of the town for awhile now.

Why did this scheme go through so much love and hate?

In this article, we cover the important claim statistics and interesting facts on this topic.

It’ll be very enlightening and gives light on why the new scheme CareShield Life is created.

So, read on!

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Average Life Expectancy in Singapore: Data, Trends, & Statistics (2025)

average life expectancy singapore

Curious about the average life expectancy in Singapore? How long are Singaporeans expected to live?

We dug into the data and uncovered some interesting insights.

In this article, we’ll explore the average life expectancy for both men and women in Singapore, how the country ranks globally, future projections, and the reasons behind Singapore’s impressive longevity.

However, a longer life expectancy isn’t always a purely positive thing. It also means you’ll need a larger nest egg to sustain your retirement, making it even more important to focus on smarter ways to save and invest. We’ve included actionable steps at the end of this article to help you get started.

So, read on!

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What Is Home Insurance and Is It Compulsory?

home insurance

Owning a property involves many moving parts, and one of the most important aspects to consider is home insurance.

You’ve likely heard of it before, but perhaps it’s something you’ve overlooked. Today, we’re going to cover everything you need to know about home insurance in Singapore.

Let’s dive in.

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21 Life Insurance Claims Statistics in Singapore (A Data-Driven Study)

life insurance claim statistics

When it comes to life insurance, emotion often drives our decisions. We ask ourselves, “If I were no longer around, how would my family manage financially?”

However, we frequently overlook the logical aspect.

This article adopts a fresh, data-driven approach to understanding life insurance policies — covering not just death, but also Total and Permanent Disability (TPD) and Critical Illness (CI).

We spent 57 hours analysing 36 months of life insurance claims data in Singapore. Below are the findings.

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What Is HDB Fire Insurance & Is It Compulsory?

hdb fire insurance

Are you looking for information on HDB fire insurance?

You’re in the right place.

This guide will walk you through everything you need to know, from what it covers to what you need to do next.

I’ll cover key areas such as what HDB fire insurance is (and isn’t), the premiums involved, its limitations, and more.

Read on to get all the details.

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