FAQs on MediShield Life and Private Integrated Shield Plans

MediShield Life (MSHL) has replaced MediShield as of 1 Nov 2015. Like MediShield, MSHL is targeted at Class B2 and C wards coverage but it provides better protection such as: Higher inpatient/day surgery/outpatient cancer treatment limits Higher annual claim limits No lifetime limit Lower co-insurance payable This brings several questions for people who are already…

4 Life Insurance Myths Debunked

Do you have a contingency plan that can protect your family just in case something bad happens to you? Assuming you are the main income earner in your family, it will be difficult for your loved ones to pay for school, food and other amenities in the event you pass away. Let’s be honest, it’s a rather scary thought. If you don’t have life insurance ready, you could be leaving your family in serious financial distress. Having life insurance can help support your loved ones. However, if you’re not familiar with life insurance policies, it can be difficult to distinguish what is true about life insurance and what is a myth. To help clear up confusion, here are some common myths about life insurance. Life insurance is too expensive…

4 Financial Essentials for New Parents

Being part of the Gen Y babies born in the 1980s, in recent years I have found myself often discussing the topic of parenting with my friends who have just become Mums and Dads. Interestingly, quite a handful of them have asked me the same questions: How can I financially plan for my baby? What are policies should I be looking at…