St James's Place International – A new insurer in Singapore

St James’s Place (SJP) International (not our famous ST James Power Station ^_^) has just been granted a life insurance licence in Singapore. This means that the company can

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3 things you must know about new critical illness definitions

Traditional critical illness insurance used to cover 30 medical conditions. Now there are 37 of them and more than half have new standardized definitions. Since 2003, Life Insurance

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Does a will override all insurance nominations?

If you have made will, you know the importance of making your asset distribution clear so no confusion for your family members. But have you made an insurance

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Is Bancassurance the future for insurance companies?

In recent years, the market share of insurance tied agency was on the downtrend. Two rising sales channels are independent financial advisers and Bancassurance. Bancassurance is probably growing at the

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3 Types of Insurance Which Are Often Overlooked by Small Business Owners

If you’re like most small business owners, your personal life and business life are practically inseparable. That’s why it’s important for your personal insurance planning to take into account

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A Short Note on No Claim Discount

Recently, General Insurance Association (GIA) has received feedback from MAS that many motorists who have bought No Claim Discount (NCD) Protector for their motor insurance are not clearly

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What is "Juvenile Lien"

Many people buy education or insurance plans for their children, but most are not aware of a special clause in the policy called “Juvenile Lien”. It normally goes

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Who are the insurers for MH370 and how much will the loss be?

According to Asia Insurance Review, Malaysia Airlines (MAS) has already been handed US$110 million by insurers over the loss of its missing Boeing 777 on Flight MH370 which

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Removal Of Benefit Illustration For Single Premium Investment-Linked Plans And Recurring Single Premium Investment-Linked Plans

Due to a change to the regulatory requirements issued by the MAS, from 1 Feb 2014 onwards, it is no longer permissible for the insurance service providers to

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How sustainable are Medisave-Approved Integrated Shield Plans

Currently, basic MediShield plan covers 92 per cent of residents in Singapore. 60% residents have upgraded to Medisave Approved Integrated Shield Plans, which provide higher coverage such as

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