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What Is compareFIRST? A Singapore Direct Purchase Insurance Online Portal

Launched this week, the compareFIRST web portal allows comparison of about 200 life insurance products, including the new suite of Direct Purchase Insurance products. Have you had a chance to visit the new compareFIRST portal? Arguably the first of its kind in the world, compareFIRST allows consumers to compare about 200 life insurance products offered … Read more

What happens to your CPF, HDB Flat and other forms of wealth when you die?

What happens to your CPF, HDB Flat and your wealth when you die_

Singaporeans are pretty rich if you asked me. We have one of the highest property ownership percentage in the world. This creates a first world problem: do your assets get distributed to your intended beneficiaries when you passed away? What are the laws in place to see through this and the major implications? Although this … Read more

Singapore Deposit Insurance: What Is It, Coverage & Amount

I received a few letters from my insurers to inform me that they have been included under the Policy Owners’ Protection Scheme (PPF Scheme). This scheme is administered by Singapore Deposit Insurance Corporation (SDIC), a company that is created by the Government of Singapore to look after small depositors and policy owners’ interests. The other … Read more