Expatriation in Malaysia & South East Asia
With effect from 1 September 2009, the Singaporean Parliament amended the Insurance Act to provide a new framework for nominations of beneficiaries under an insurance policy. This mouthful of a sentence is an important piece of legislation for life policy holder as it will solve two serious problems.
Previously, when a policyholder denominated a spouse and/or [...]
One thing I realised by sitting down with many expatriates to discuss about their protection needs – or compensation and benefits as some like to call it – is that lots of them rely on their companies to cover them. This is especially true of those working in the Oil & Gas industry.
If you are [...]
Many people don’t really understand how life insurance work and why they need it. It also do not help that so many investment products are wrapped in an insurance policy to protect them, blurring definition of what a life policy is.
Stripped down to its core, a life insurance provides your loved ones with cash after [...]
International demand for good healthcare, life insurance and income protection has been strong over the past few years as more multi-national companies relocate staff globally and increasingly affluent individuals retire younger to warmer climes.
This tend should strengthen in 2009 thanks to the global stock market corrections and dramas we experienced in 2008. One of the [...]
As you read on day 4, even the best budgets cannot anticipate everything. You can have good surprises – on the spot bonus anyone? – or bad ones. In order to cope with the bad ones you need to secure your situation. You need funds to fall back should hard times come by. You need [...]