Category Archive For "Insurance"
Malaysia and Singapore to Launch the Johor Economic Zone and What It Means to Expats
An agreement signed by leaders of Malaysia and Singapore on 7 January 2025 launched the creation of the Johor-Singapore Special Economic Zone (JS-SEZ). With JS-SEZ, expats could expect better cross-border mobility, reduced business red tape, and more investment opportunities. Johor Bahru and the Iskandar Malaysia region have enjoyed vibrant economic ties with Singapore. JS-SEZ is …
Critical Illness Insurance: What is it and Who Needs It?
Critical illness insurance pays a lump sum of money to policyholders once they are diagnosed with a major illness covered by the policy. There is no restriction to how this paid-out money can be used, making this insurance highly attractive as extra funds for treatment or supplementing income. However, just like many things about insurance, …
in Insurance
Up and Coming Travel Trends of 2025
Overtourism, AI advancement, and economic uncertainty have shifted 2025 travel trends toward relaxation and authenticity. Travelers now seek to unwind, rejuvenate, and connect with nature and local communities, leaving behind the rush of packed itineraries for a more mindful and relaxing experience. In this Pacific Prime article, let’s take a look at some of the …
A Guide to Mental Health Services and Insurance in Singapore
In recent years, Singapore has made significant strides in raising awareness of mental health and reducing stigma around seeking support. With a growing emphasis on mental well-being, individuals now have greater access to a range of support services, from therapy and counseling to psychiatric care. This landscape includes psychiatrists, psychologists, counselors, and social workers, each …
More Young Women Are Being Diagnosed with Breast Cancer in Singapore
Cancer is often perceived as an illness of seniors. However, breast cancer diagnosis is on the rise for women aged below 40 in Singapore. Cultural and lifestyle change have contributed to this trend, and as patients and physicians are likely to overlook early signs due to their age, patients are being diagnosed at a later …
in Insurance
Your Guide to Health Insurance Terminology: Deductibles
Deductibles in health insurance are a set amount you’ll have to pay for healthcare annually before your insurer begins paying for your healthcare expenses. Once you’ve paid off your deductible, you only pay the copayment or coinsurance for the covered services, and the insurer will take care of the rest. This Pacific Prime CXA article …
Paycheck Pressure: How Financial Stress Crushes Employee Productivity
Work needs to be done and bills need to be paid. An employee must grapple with the reality of life as soon as they sign the dotted line to work for a company, committing a significant portion of their time to make ends meet. But what happens when they can’t cover all their expenses? Stress …
Understanding the Rise in Mental Health Help-Seeking Among Singaporeans
In recent years, there has been a notable increase in the number of Singaporeans seeking professional help for mental health issues. In 2023 alone, the prevalence of mental issues rose 15% from 13.4 in 2020, with as much as 85.4% of adults between the ages of 18 and 39 years being most likely to seek …
Key Highlights of Singapore National Day Rally 2024
The National Day Rally (NDR) is a significant event in Singapore’s political calendar, where the Prime Minister outlines the government’s vision for the future and announces key policy initiatives. In 2024, Prime Minister Lawrence Wong delivered his first rally, highlighting a range of initiatives that will further enhance the competitiveness and attractiveness of Singapore on …
in Expat Insurance, News
New Application Requirements for Professional Visit Pass of Malaysia
To streamline the process of applying for the Professional Visit Pass (PVP), the Malaysian Immigration Department’s Expatriate Services Division (ESD) has reduced the number of general documents required from 13 to 6, effective August 16, 2024. In this Pacific Prime CXA post, we’ll explore the details of these new requirements and how they impact foreign …
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