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Types of insurance plans in Singapore and which ones you should get first as a young adult

Insurance is one of the key aspects of personal finance. Getting the right type of insurance can not only protect ourselves, but also ensure financial security for our family should anything unfortunate happen. When should we start thinking about insurance? The sooner, the better! The moment you receive your first paycheck is the best time to start building your health. ....

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What is co-pay and how does that improve your health insurance

With healthcare costs increasing steadily, it's understandable that both the cost of healthcare as well as health insurance are an increasing concern for everyone. One method to manage the costs of health insurance is co-payments; Co-Pay is a mechanism that allows insurance providers to reduce the cost and present a win-win scenario for both insurers and the insured. A health. ....

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Buying insurance during a recession

Recession typically spells bad news for most, with companies and firms facing lower sales volumes, needing to lay off workers, causing higher unemployment amongst the working population, which causes overall consumption and demand to fall as well, causing the whole economy to decline significantly in output. So, is Singapore expected to go into recession? Although the economic climate has been. ....

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Ward classes, pro-rations and IP plans: Here's what you need to know, Lifestyle News

The healthcare system in Singapore is praised for being one of the most efficient in the world. The way we structure our mixed payment system is second to none. According to the Ministry of Health (MOH) themselves, there are up to 18 different subsidy and financial assistance schemes alone if you are a Singapore Citizen, with MediSave, Medishield Life, CareShield. ....

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The White Paper: Will it create a more equal Singapore for women?

Gender equality is a bedrock for a prosperous and peaceful society. To promote a fairer and more inclusive society for women in Singapore, the government engaged nearly 6000 participants for their feedback and ideas on women’s development in Singapore. After year-long conversations, the White Paper released 25 collective actions. The White Paper presents concrete steps to promote workplace and domestic. ....

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