What is Term Insurance? The terminologies used in the Financial Services Industry certainly gets lots of people confused. Term Life, Term Policy, Term Insurance, Term to Age, “X” Year Term can all refer to the same category of policies. The key is the tenure of the policy, how long does it covers until, i.e. whatContinue reading “Why You Should Buy Term Insurance”
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What Is Insurance?
The transfer of risk is the basis of all insurance. What risks? The risk of significant potential loss or financial consequences in exchange of a premium. Who takes on the risk? Hence insurance companies act as the intermediaries to pool premiums together to insure against a specific loss. For instance, businesses can insure their premisesContinue reading “What Is Insurance?”
How Guaranteed Are Fixed Deposits?
How fast do your Fixed Deposits really grow? It takes 72 years for a Fixed Deposit to double at 1% Interest… © Wee Khai Wee Khai is an avid soccer player, who is also a finisher of 12 half-marathons and 3 full marathons.
Ten Things You Should Know About Cancer
1. 79% of Major Illness claims by Women were due to Cancer. 2. 50% of Major Illness claims by Men were due to Cancer. 3. 50% of Cancer claims by Women were due to Breast Cancer. 4. 26% of Cancer claims by Men were due to Prostate Cancer. 5. Cancer is the general name forContinue reading “Ten Things You Should Know About Cancer”
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