Category Archive For "Insurance"
Renewing medical insurance for foreigners in Singapore
If you’re a new expat in Singapore, there’s a good chance that you’ve already come to appreciate a lot about the city-state. The dynamic, yet unrushed flow of the city, the amalgamation of cultures that are represented here, the delicious tastes and smells of local restaurants, and the generally pleasant demeanor of the locals all …
Everything you need to know about renewing your health insurance plan
Just like any type of insurance, medical insurance is usually signed for a fixed term of one year with the possibility of renewing your health insurance. This allows you to extend coverage for another year without having to re-qualify for coverage. Most insurers offer a lifetime renewal option, but some policies are signed on a …
Unveiling our new infographic on global health insurance inflation
As the world’s leading insurance specialist, Pacific Prime constantly strives to simplify insurance. To support this ideal, our marketing team releases regular guides, reports, and infographics (see our Health Guides section here) on the most pertinent topics in the insurance industry – chief among them being our latest report on global health insurance inflation. Titled: …
Moving to Singapore? Tips for comparing expat health insurance
Living and working overseas is a fantastic opportunity but also one that requires a bit of careful planning to ensure your experience is a smooth one. Securing the right healthcare as a foreigner is often one of the biggest choices you’ll need to make. In Singapore, the standard of care is very high – but …
Uncovering your health insurance options in Singapore
Singapore, like many other major cities around the world, has a wide variety of choice for nearly all aspects of life. This includes health and health insurance. As someone moving here you will quickly find that the cost of healthcare is expensive, which means it will be a good idea for expats to secure health …
Do you have the right surgical insurance coverage in Singapore?
The health benefits people use the most when they hold insurance are generally outpatient-related; GP visits, physiotherapy, or chiropractic treatments. In fact, it’s actually these types of benefits that drive a lot of what we call “overutilization of healthcare” in the sector, usually because of their quick and generally easy-to-acquire nature. One of the more …
Insurance inflation in Singapore: A closer look
Would you say things are looking up in Singapore? We would. At least, we would say many things are going up in the Lion City. Fortunately, our local economic condition and overall quality of life have been steadily improving over the past several years. Unfortunately, temperatures have also been rising, thanks to global warming. In …
Top money-saving tax relief and rebate options for parents in Singapore
No one ever said raising kids was cheap. In fact, TODAY online reported that raising one child up to the age of 21 years old in Singapore can cost anywhere between SGD 200,000 to an eye-watering figure of nearly SGD 1 million. These estimated costs account for medical expenses associated with pregnancy and childbirth (check …
Help! My health insurance premiums increased by 100%
An insurer in Singapore recently announced that their rates will be increasing premiums by up to, and beyond, 100% for clients at renewal. While rare, large increases can and do happen. It can be frustrating to have this happen to you and could lead to a lot of serious questions that need to be answered. …
Insurance options for self-employed people in Singapore
It’s definitely a new world that we are living in today. While we all remember the great stories from previous generations about being able to raise a family of four on a single income from a permanent full-time position with good pay, medical benefits, and pension plan, today the employment landscape seen by those entering …