Zika Virus and the Insurance that insures it

Recently Zika Virus has been the most discussed topic after more and more people in Singapore are affected.

What is Zika Virus?

It is transmitted by the bite of infected Aedes mosquitoes (which bite in the daytime), identical to dengue. Zika is generally a mild disease. Zika may cause a viral fever similar to dengue or chikungunya, with fever, skin rashes, body aches and headache. However, most people infected with the Zika virus infection do not develop symptoms. There is no vaccine or specific anti-viral drugs.

52235934 - zika virus infographic: prevention, symptoms and treatment


Apart from preventive measures like getting insect repellents, another thing which people have forgotten to do is to get themselves insured for Zika Virus.

Thanks to our service partner, we have Tenet Sompo and Lonpac which provides insurance that cover infectious diseases.

In comparison, Lonpac covers more infectious diseases than Tenet Sompo.

Here are the 21 infectious diseases that Lonpac insures:

  1. Zika Fever (Zika Virus Disease)
  2. Middle East Respiratory Syndrome (MERS)
  3. Hand, Foot and Mouth Disease (HFMD)
  4. Avian Influenza or “Bird Flu” due to Influenza A viral strains H1N1, H5N1, H9N2, H7N7 or H7N9
  5. Severe Acute Respiratory Syndrome (SARS)
  6. Dengue Fever / Dengue Hemorrhagic Fever
  7. Variant Creutzfeldt-Jakob Disease (Vcjd) or “Mad Cow Disease”
  8. Nipah Virus Encephalitis
  9. Japanese Viral Encephalitis
  10. Malaria
  11. Pulmonary Tuberculosis
  12. Measles
  13. Rabies
  14. Melioidosis
  15. Chikungunya Fever
  16. Mumps
  17.  Rubella
  18. Cholera
  19. Yellow Fever
  20. Poliomyelitis
  21. Diphtheria

For more information pertaining to the Zika Virus Insurance, feel free to contact me at 81029976.

Hope this blog post will be helpful.

Your Dreams. My Goal. ❤


Gastroscopy Bill (Importance of the Cash Rider)

I have recently received my total bill for the Gastroscopy which I have done at Mount Elizabeth Novena.

Total bill was $2,557.13 for a Gastroscopy (Day surgery).

Yi qi gastroscopy bill edited.jpg

Deductible for Private Hospital:
All ward types & Day Surgery: S$3,500

Deductible is the fixed amount payable by the insured each policy year before the MediShield Life/Integrated Shield Plan payout kicks in.

Which means that any amount that is below $3,500 will have to paid from my own pocket/Medisave. Without the cash rider (Total Health), I would have to fork out $2,557.13.

To some, this amount might seems small. But do take note that in future, for any application for hospitalisation plans, all the past medical reports will be required during underwriting and you might not be insurable anymore/ exclusions might be imposed.

Like most young people out there, I always felt that I am still young so I would not utilize my hospitalisation plan until a few more years later. I am really glad that I joined this industry, got my loved ones insured including myself and I have helped many families along the way.

I always tell my clients to meet me more often when they are healthy because when things happen and their health condition deteriorates, I would not be able to help them even if I want to.

We have seen so many  newspaper articles or facebook posts of people getting sick, getting into accidents. But the question is, have you DONE something NOW that your future self will thank you for?

Take action now and contact me at 81029976. The only thing I can help is to sort out your existing policies and to educate. No one can make the decision to purchase anything except yourself.

I look forward to meeting more people, to help them sort out their policies and to secure the future of more people.

Insurance is bought not because someone has to die but because someone has to live.

Your Dreams. My Goal.

Have a lovely week ahead! ❤

Important information if you are a Malay in Singapore

As I was reading information online on Hari Raya to better understand the Muslim culture, I came across these articles which I felt is important and I hope to share with my friends in the Malay population.

After going house to house visit to share with residents on the importance of upgrading Medishield Life and Eldershield for a period of time, I realized a trend in the health condition of different racial groups and it mainly stems from the type of food they eat.

For example, diabetes are more common in the Indian and Malay population, while stroke and cancer are more common in the Chinese population.

According to statistics published on 21 December 2014, Malay population is rank as the most unhealthy group in Singapore. However, this raises a concern as the community is under-insured and they seldom goes for health check up. 

Malay most unhealthy

malay fewer go for checks.jpg

Muslim pg 1Muslim pg 2

After reading these articles, I was really worried. I hope to be able to reach out to more people from the Malay population this year to share with them on the importance of financial planning. If you do have any Malay friends who are currently working, do feel free to refer them to me so that I will be able to help them.

This year Hari Raya, I manage to give away 18 green packets to 18 of my Muslim clients. I look forward to giving more next year! ♥

hari raya packet 2016hari raya green packet

Your Dreams. My Goal. ♥

Enjoy the rest of the lovely weekend! 🙂

5 Things you might/might not know about Personal Accident Plan

Today, I would like to share about 5 things that you might or might not know about Personal Accident Plan. Different companies have different terms and conditions. Feel free to contact me at 81029976 so that I will be able to assist you on which of the following applies to your plan.

1) It is 24/7 year-round coverage, anywhere in the world.

Recently, one of my client sprained her leg in Taiwan. She went to see TCM and she was able to get a successful claim.

Cherie's claim


2) It covers TCM treatments (usually up to a certain amount per accident)

Successful claim.jpg

3) It covers Chiropractor treatments (usually up to a certain amount per accident)

  • This depends on the terms and conditions of the policy. There are some plans which cover chiropractor treatments, while some do not cover. So do take note of this.


4) Personal accident plan complements hospitalization plan. It is not a substitute as both cover different types of scenarios. Hospitalisation plan covers hospital bills in the event, the person is warded. However, not all accidents will lead to an admission.

The following is a tax invoice of a claim which I did recently  (makes up the $146.80 as shown above). My client had a back injury and he was in so much pain. Decided to bring him to Tan Tock Seng A&E and the doctor gave him a jab and send him home.  The entire bill was successfully claimed through the Personal Accident plan. If he only has a hospitalisation plan, he will not be able to file for claim.

CCK A&E feeTan tock seng medicine

5) Another misconception is that for Personal Accident plan, the person must die to get a claim.  Medical reimbursement is a benefit that many are not aware of. It allows policyholder to claim for outpatient treatments for injury due to accidents. This covers GP, MRI, Xray and Physiotherapy sessions as well. Do note that this is on reimbursement basis, which means that the policyholder must make payment first.

Do consult your financial advisers before you head to any hospital or clinic for treatment as some supporting documents will be required in order to process the claim.

Hope this post will be helpful! If you have not gotten any personal accident plan  or if you are unsure if you have it or not, do feel free to contact me at 81029976.

Have a lovely week! ♥

Your Dreams. My Goal.

Term Insurance – For Business Owners/Property Owners

In my previous blog post on Term Life Insurance – For Individuals, I explained what Term Life Insurance is, as well as the Pros, Cons and the Different Type of Term Insurance which most Singaporeans/PR have.

Term Life Insurance can also help Business Owners as well as people who own a property/ a few properties.

For People who own a property/a few properties

An asset is not truly an asset until it is fully paid off. Most people in Singapore who owns properties are on Mortgage Loan.

When the property owner passed on before discharging the mortgage, the lender (i.e. bank) has the legal ownership of the property instead of the deceased person’s estate. If there is insufficient cash from the estate to settle the outstanding loan, the bank has every right to force sell the property. In this situation, the deceased family members could be left without a home.

HDB acquisition.jpg

 For Business Owners

  1. Keyman Insurance – To insure key employees in the company

keyman insurance survey.JPG

Key man insurance is a life insurance on the key person in a business. In a small business, this is usually the owner, the directors or perhaps a key employee or two. These are the people who are crucial to a business-the ones whose absence would sink the company.keyman3The proposer will be the Company and the life assured will be the Key person. When the key person passed on, the lump sum will be paid out to the company.

The company can use the insurance proceeds for expenses until it can find a replacement person. The death of the top sales performer in a small company can cause the company to close down.

2. Partnership Insurance (To insure one of the Director/Co-owner of the company)partner ship.jpg

For Partnership Insurance, it is slightly more complex as it involves the Buy-Sell Agreement.Buy Sell Agreement

If you have any queries pertaining to the above, feel free to contact me at 81029976 so that I will be able to help you protect your business and well as your properties.

Your Dreams, My Goal. ♥

Term Life Insurance – For Individuals

Term Life Insurance provides insurance protection only for a fixed period of time. There is no savings or investment feature. Therefore, when the policy ends or is terminated prematurely, there is no cash value.


  • The premiums are lower than whole life and endowment insurance policies for the same insurance coverage.
  • Able to get higher coverage for the same premiums for whole life and endowment insurance policies


  • If the period for the coverage is too short, there will be no coverage after the policy expires.
  • For a new purchase of term insurance policy after the first policy expires, there will be medical or financial underwriting.

5 things that determine term insurance premium

  • The premiums also cost more with age, so it will be increasingly costly to purchase term insurance policies over time.
  • No cash value. Hence, the premium paid for the term policy has no returns.
  • The policyholder have to keep paying premiums for the coverage. Meaning if the term indicate to cover till age 85, premiums have to be paid until age 85. Can you imagine yourself still paying for insurance at the age of 85?

Suitable for:

  • Someone with a low budget but requires some form of protection
  • Someone who requires a higher amount of coverage for a period of time (example: when their children are still young, when their liabilities are high)

Examples of Term Insurance:

  • Dependent Protections Scheme (Covers Death/Total Permanent Disability/Terminal Illness up till age 60)
  • Home Protection Scheme (Covers Outstanding Housing Loan until the loan is fully paid off)
  • Mortgage Insurance (same as Home Protection Scheme, payable in cash instead of CPF. Mainly for Private Property. It can also be used to insure against HDB Outstanding Loan)
  • SAF Term Insurance (Covers Death/Total Permanent Disability/Accidental Death up till age 65, can be extended till age 70, subjected to terms and conditions)

Hopefully, this post will benefit you.

Have a lovely Hari Raya 2016!  🙂

Reality Check: Hospitalisation Bill in a C Class Ward for 48 Days

Today, I would like to share about a story of one of my client. Prior to what has happened, he felt that company insurance was adequate and insurance is not very important. An event in his life changed his perspective about it.

Due to private & confidential reasons, I will not reveal too much information about what has happen. In short, his wife is currently in coma and till date, has not been discharged yet.

I would like to thank him for providing me this interim bill and allowing me to use this to educate and to share with many others. Hopefully, together, we can help to secure the future of more families. I sincerely pray for the day that his wife will recover. I am very grateful and thankful of the chance given to me to get the rest of his family insured.

C Class Ward: Fan-ventilated 8-bedded ward with shared bathroom facilities and amenities.

This is the interim bill after 48 days in hospital:

Bill (pg 1).jpg

Bill (pg2).jpg

Kindly note that the amount reflected in this hospitalisation bill will keep increasing till the day she is discharged.

Without government subsidy, total charges amounted to $96,581.16 and to be honest, all of us do not have that much in our Medisave account. If a C Class ward can cost up to that much, can you imagine the cost of a B Class or A Class ward?

If you are unsure if you have upgraded your Medishield Life to cover 100% of your hospitalisation bill, do feel free to contact me so that I can guide you step by step.

It is the mid of 2016 already. If you have not done up a policy review for years, I hope that you can give me a chance to do up one for you. This is to ensure that your policies are still inforced and that your shortfall in your portfolio have been covered.

Feel free to whatsapp me at 81029976 for an appointment. No hardselling. This is my promise to you.

Your Dreams,My Goal.

Have a lovely weekend ahead! ❤

Outpatient Limit for Medisave Account

Today’s post is about the Medisave Limit for Outpatient Treatments.

Disclaimer: I do not represent CPF board and these information were obtained from CPF website. Kindly refer to CPF board for the latest information.

More often than not, many people are confused about the Outpatient Treatments that can be payable using Medisave. Contrary to what many people believe, Medisave cannot be used for everything and there are limits to each Outpatient Treatments.

The link below shows the list of Outpatient that can be payable using Medisave:


Outpatient limit

For Chemotherapy, Medisave Withdrawal Limit is $1,200 per month per patient. However, this will be a problem for a Cancer patient if he/she does not have a lot of Medisave in his/her Medisave account to begin with.

However, thanks to Integrated Shield Plan (upgraded through a Insurance company, not done automatically), most of the plans include ‘As Charged’ for selected Outpatient Treatments. This image is extracted from Great Eastern’s Supreme Health brochure.


Feel free to contact me at 81029976 if you are unsure if you have done the necessary upgrade for hospitalisation or if you would like a complimentary policy review (no purchase of policies required).

Have a lovely week! ❤

Prevent and Control Diabetes Talk organised by Farrer Park Hospital Pte Ltd


Farrer Park Hospital will be having a talk on the topic ‘Caring for your Health: Prevent and Control Diabetes’ on 25th June 2016, Saturday, from 2pm to 5pm (registration starts at 1pm).

Venue: Ballroom 1, Level 6, One Farrer Hotel & Spa ( 1 Farrer Park Station Road, Singapore 217562)

Programme highlights:

  1. Diabetes and Hypertension – How Do They Affect Your Kidneys
  2. Heart Attack And Diabetes – Are You At Risk?
  3. How Will Diabetes Affect Your Eyesight?
  4. Is Metabolic Surgery The Answer For Diabetes and Hypertension?

Do feel free to register by emailing to events@farrerpark.com or call 81234481.

Free admission. Seats are limited. Light refreshments will be provided. Do let me know if you are heading there. 😊

Looking forward to see you there!

Have a lovely week! ❤️

Importance of an Annual Policy Review

Policy Files.jpg

Today, my blog post is about the importance of meeting your financial adviser on an annual basis for a policy review.

In Singapore, most people would have gotten one or two policies. It could be a hospitalisation plan, an endowment plan from insurance companies/banks/post office, personal accident plan etc.

However, more often than not, the policies are stored somewhere. Either in a room, or together with a stack of unread letters or might have been thrown away accidentally.

Are your policies kept in a proper file with a policy summary done up?

Or are they in a big mess? Still in its envelopes?

Many people have a misconception about having a policy review done up and I do not blame them for thinking this way.

Whenever I request for a chance to meet up for a policy review, it is normal to have the thought that ‘She just wants to sell me something.’ Most common replies I have received is ‘I am not interested or I have bought a lot of policies already.’

Even before I was a financial adviser, I had the same view as well. Always linking policy review to sales. It was also because no one told me the importance of a policy review. To be honest, I have rejected financial advisers who approached me because at that point of time I was paying a pretty huge sum of money on a monthly basis for a endowment plan which I felt was a burden to me.

Let’s get to the main gist of the post today.

5 Reasons Why a Policy Review is Important

(Note: You do not have to wait for your adviser to contact you for a review. You can ask them for a review as well. :))

1) To ensure that the policies are still inforced.

Along the way, we might have received letters from Insurance companies which we might ignore. It could be letters on unsuccessful giro deductions due to insufficients funds etc. Payment via credit card might be unsuccessful due to insufficient funds or due to expiry date on the card, so it is always important to meet up to ensure policy is still active.

2) To update any change of address/contact number.

As I was reviewing some of my clients’ policies, I realise that some have shifted house but they did not inform their agent of the change. Hence, the letters were still mailed to their previous house.

3) To refresh your memory on what you are insured

Insurance is not something that is always at the back of your mind. Along the way you might forget what policies you have bought or what you are insured. I have clients who contact me frequently to check if they are able to claim for certain things and I am very thankful that to them, I am not only a financial adviser but a friend as well. Sometimes, while using Facebook, I will see friends who post about them getting injured etc and I will remind them that if they have a personal accident plan,  they can actually file for claims.

4) To ensure the agent is still in the industry and that you can still find him/her when you need help

Insurance industry has a high turnover rate and residents have told me that their policies have been passed on to several agents already. Therefore, it is always important to know that your agent is still in the industry so that someone is monitoring your policies for you and that if emergency happen, you have someone you trust that can be there for you to guide you on the procedures.

5) To ensure that any shortfall which were not previously done up are being done.

I always tell my friends and clients who do not have much income that Financial planning is a lifelong journey. They might not have a lot of budget to do up a whole life plan now but they can do up a term plan to protect themselves. Having some form of protection is better than having none at all.

Hope this post is helpful. 🙂

Feel free to contact me at 81029976 for a complimentary policy review or if there is anything you feel it will be good for me to share on my blog.

Have a great week everyone! ❤