Prepare for the unexpected
It is no secret that medical insurance is of utmost importance - this is especially true in a nation like Singapore that has an alerting medical inflation rate of 18%. An uninsured individual might end up financially crippled in the event of a health-related emergency. Often, these situations require extensive medical treatments that come with a hefty price tag.
Take up a medical plan today to ensure the cost deriving from medical care will not eat into your own hard-earned savings. Simply speak to a licensed financial consultant to find out which type of plan will cater to your needs most.
Life is beautiful. Treasure it.
Most experts will say that sound financial planning begins with a solid and comprehensive medical insurance coverage. If you have gotten your medical plans sorted out – that’s great! What’s next then?
The unequivocal answer would be a Life Policy, which is also commonly known as a wealth protection or income replacement plan. A financially savvy individual would understand the concept of setting aside 5% to 10% of their income, in order to safeguard 100% of their assets. And that is exactly the effect that a life policy is designed to give.
Start planning for future events
Saving money is definitely important, but is there a smarter way of doing it? Be it a frugal individual, or one with a lavish spending habit, committing to a savings plan is certainly one of the simplest and most strategic manner of saving money.
Why is this so ?
- Medical plans
- Life insurance
- Savings Plans