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Insurance

Insurance compaines will not absorb the payouts. The siblings can visit this website to retrieve if there's any unclaimed death proceeds of deceased relations or unclaimed maturity proceeds that have been outstanding for more than 12 motnhs. Link: https://www.lia.org.sg/tools-and-resources/checking-for-unclaimed-proceeds/

Insurance

Hospitalisation Insurance (H&S)

Healthcare

Hi Anon, for outpatient coverage for GP & Specialists, they are usually provided by Employee Benefits or Corporate Insuance which is generally provided by your company. Do check with your HR on what are your entitlements. If you're looking for a standalone to buy for your personal consumption, I don't recall there's any plans in the market now that;s providing that. To answer your 2nd question, most of MediSave Integrated Shield plan covers Pre & Post hospitalisation consultations & treatments. Do take note that the main difference between the different companies are the duration of the pre & post hospitalization benefit coverage.

Credit Card

Leslie Koh
Leslie Koh
Level 3. Wonderkid
Answered 45m ago
Depends on what you intend to use for. If you frequent Malaysia, Maybank Family & Friends will be better If you are just using in Singapore, POSB Everyday Card makes more sense. Do take note, there’s a minimum spending required.

Insurance

AXA Shield

Hi Anon, Personally, i would not want to have to pay extra for visiting non panel doctors. There might be cases that you want to see a specific specalist doctor that might not be with a panel doctor with your insurer. The main selling point of AXA's shield plan are their low premiums but do take note that there are some differences and therefore thats why they are able to charge lower premiums. You get what you pay for. I have analysed how the hospital plans of each insurers differ in the market, do feel free to contact me through facebook or email me at [email protected] if you want to take a look!

Insurance

Hospitalisation Insurance (H&S)

Hi Anon, you can look at the NTUC Silver series of plans as well as considering upgrading her Eldershield to a supplement plan to provide a lifetime payout in the event of disability for long term care costs. You may also want to consider a lifetime guaranteed annuity policy to provide her with a stream of income for life, there are some policies that would double the payout in the event of disability as well.

Property

HDB BTO

Lifestyle

Meiling Tan
Meiling Tan
Level 3. Wonderkid
Answered 1w ago
It's a toss-up in the current market conditions. It's been a buyer's market for resale flats for the past couple years (i.e., buyers are spoilt for choice, so if your unit doesn't stand out, it might be difficult to sell it). That said, if you're willing to put in the necessary work before selling it, now might be the only time you have in the next few years. Most of the major financial indicators are that Singapore is headed for a technical recession, which would negatively impact property prices. Zhi Cheng raises a good point though: if you're coming back from your overseas work in a few years, it might be worth it to keep the property so you have a place to stay.

Investments

Savings

Bank Account

Stocks Discussion

Hi Anon, Generally speaking ETFs are good choices for new investors as they are passive and do not require you to spend alot of attention on it. You might consider roboadvisors as well At your age, having a 10K capital is very impressive and you can start investing asap as you are young and time is on your side. Investing early means you can make full use the effects of compounding interest.

Keppel Electric

You can contact them at their support helpline!

Multi Currency Cards

Revolut

Leslie Koh
Leslie Koh
Level 3. Wonderkid
Answered 2h ago
I would say maximise the usage of the free overseas withdrawal as well as lounge access. However, those benefits are easily replaced by careful planning of your budgeting when travelling and free lounge cards that are given by your credit cards.
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