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With decades of collective expertise in guiding individuals from diverse backgrounds, we have amassed an unparalleled wealth of knowledge and profound insights into the intricacies of Financial Health and all matters pertaining to wealth management.

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With decades of collective expertise in guiding individuals from diverse backgrounds, we have amassed an unparalleled wealth of knowledge and profound insights into the intricacies of Financial Health and all matters pertaining to wealth management.

Savings
Savings
Investing
Retiring
General Risk
Estate Planning
Protecting

Latest Article

According to the median resale HDB flat prices in the third quarter of 2022, 3-room flats cost between SGD320,000 and SGD460,000 while four to five-room flats cost around SGD460,000 to over SGD894,000. The price of a flat varies depending on the location, size and of course, condition. Condominiums and more luxurious properties can easily cost more.
December 8, 2023
January 15, 2024
Savings

How much should you save to buy your first flat in Singapore

According to the median resale HDB flat prices in the third quarter of 2022, 3-room flats cost between SGD320,000 and SGD460,000 while four to five-room flats cost around SGD460,000 to over SGD894,000. The price of a flat varies depending on the location, size and of course, condition. Condominiums and more luxurious properties can easily cost more.
Read Now

Past Articles

According to the median resale HDB flat prices in the third quarter of 2022, 3-room flats cost between SGD320,000 and SGD460,000 while four to five-room flats cost around SGD460,000 to over SGD894,000. The price of a flat varies depending on the location, size and of course, condition. Condominiums and more luxurious properties can easily cost more.
December 8, 2023
January 15, 2024
Savings

How much should you save to buy your first flat in Singapore

Money is a crucial aspect of any relationship, yet it’s often a source of conflict and tension. Whether you’re a new couple starting a serious relationship, or you’ve been in a committed one and are looking to take the next step, it’s inevitable that you’ll be making financial decisions together at some point.
December 8, 2023
January 15, 2024
Savings

5 tips for managing money as a couple

Do you worry about your health? You’re not alone. In a 2018 Mobile Health study, it was shown that almost 60% of Singaporean respondents use a fitness or diet tracking app. It is now as common a habit as that cup of coffee you never fail to buy every morning before heading to work.
September 17, 2020
January 16, 2024
Savings

3 Insights To Turn Your Financial Health Pink Today

As we head into our 30s, “Am I saving enough?” is a question that many Singaporeans tend to ask ourselves. We are concerned about our financial health and, true to our competitive nature, most of us are curious to know where we stand compared to the average person.
September 17, 2020
January 16, 2024
Savings

Your Savings Today – Do You Have Enough For Your Future?

If you are expecting your first child soon, it is undoubtedly one of the greatest joys and celebrations in life. Kids are a bundle of joy, bringing lots of fun and laughter into your family. However, parenthood also comes with additional financial responsibilities. From pregnancy to childbirth, and all the way till your children are finally in university, the costs of raising a child can be extremely high.
September 17, 2020
January 16, 2024
Savings

Navigating Through the Financial Responsibilities of a First-Time Parent

Besides providing protection, insurance policies can also help to save and grow wealth. Two common insurance products in the market are investment linked policies (ILPs) and endowment plans. These products are typically used for investment and wealth accumulation. To many, they may look like they both serve the same purpose of helping you save or grow wealth, but what are their actual differences, and how should you choose between the two?
September 17, 2020
January 16, 2024
Savings

How ILPs and Endowments Can Serve Different Financial Needs

With Covid-19, many Singaporeans are worried about their financial situation. Some may already be experiencing difficulties, such as lower income or a risk of job loss. The good news is, there are simple steps we can take, regardless of the situation in the economy, to minimise our financial risks, especially in these volatile times. Here are some suggestions that you may consider implementing in your own life, while you are still in good shape financially.
September 17, 2020
January 16, 2024
Savings

5 Ways to Reduce Your Financial Risks in Singapore

With the COVID-19 pandemic locking down billions of people in their homes currently, businesses at every level globally have been disrupted. The economic fallout has also been intense for many countries and individuals, as governments around the world, including Singapore, brace for the worst-ever economic contraction.
September 17, 2020
January 16, 2024
Savings

6 Finance Tips We Can Learn From the COVID-19 Pandemic

In Singapore, parents spend a average of $21,000 a year on their children’s tertiary education. A majority of parents also feel that funding their children’s education is more important than paying the bills, or even their own retirement.
September 17, 2020
January 16, 2024
Savings

Here Are 3 Simple Ways to Plan Ahead for Your Child's Education

You’re finally here. You’ve probably finished school for good, and you just received your very first paycheck. It signifies the hard work that you have put into job hunting, as well as in the first month of your new job.
September 10, 2020
January 16, 2024
Savings

Here's How You Can Make the Most Out of Your First Paycheck

Even though money can be a sensitive topic to talk about, it is important for you to get your financials ironed out with your partner before you step into the next chapter of your life together.
August 22, 2020
January 16, 2024
Savings

4 Financial Issues to Discuss with Your Partner Before Getting Married

Kids are a bundle of joy and they bring laughter and happiness into a household. However, the reality is that raising a child in Singapore involves a lot of different expenses.
August 22, 2020
January 16, 2024
Savings

How Much Do You Need to Raise a Kid in Singapore

Spending money is something we cannot avoid, be it for the necessities in life or for simple pleasures. Nothing comes for free, after all. However, how you spend your money is important as it directly impacts your financial health and could help you reach your financial goals.
August 21, 2020
January 16, 2024
Savings

5 Bad Spending Habits You Need to Quit Right Now

Latest Article

Student loans, wedding, a BTO flat, or your first car. There is a host of big-ticket items that you will likely come across in the first 10 years of your working life.
September 17, 2020
January 16, 2024
Investing

A Beginner's Guide to Passive Income-Generating Instruments

Student loans, wedding, a BTO flat, or your first car. There is a host of big-ticket items that you will likely come across in the first 10 years of your working life.
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Past Articles

Student loans, wedding, a BTO flat, or your first car. There is a host of big-ticket items that you will likely come across in the first 10 years of your working life.
September 17, 2020
January 16, 2024
Investing

A Beginner's Guide to Passive Income-Generating Instruments

Everyone understands the importance of growing their wealth over the long-term. The aim should not just be to beat inflation, but to outpace inflation so that your wealth and spending power increases over time.
September 17, 2020
January 16, 2024
Investing

3 Common Ways to Grow Your Money, Even With Limited Investment Knowledge

COVID-19 has disrupted people’s lives and livelihoods globally, with millions of cases officially reported worldwide and lockdown measures implemented in many major cities. This has also caused widespread panic in the financial markets, which has translated into heightened volatility and stocks crashing into a bear market.
September 17, 2020
January 16, 2024
Investing

Should I Continue Investing in a Bear Market?

Investment-linked policies (ILPs) are a type of life insurance that combines two components – life protection and investments – into a single policy. Through an ILP, you premiums are invested to build wealth for your financial goals, while there is also a protection component so that your loved ones will be protected in the event of your death, total and permanent disability (TPD), or terminal illness.
September 17, 2020
January 16, 2024
Investing

10 Terms You Need to Know When Buying an Investment-Linked Policy (ILP)

Investing can be a great way to help you to accumulate wealth for your desired lifestyle and even retirement. However, investing comes with its own set of risks and can be a difficult path to navigate. You’ll have many questions with regard to investment – how much should you invest, what should you invest in and what kind of platforms should you use?
August 22, 2020
January 16, 2024
Investing

4 Investment Mistakes That People Make When They Are Just Starting Out

Latest Article

Most Singaporeans nowadays can expect to live to a ripe old age, but along with that comes some big challenges. As of 2017, Singaporeans’ life expectancy was said to be about.
September 16, 2020
January 16, 2024
Retiring

How to Financially Prepare Your Parents for Retirement

Most Singaporeans nowadays can expect to live to a ripe old age, but along with that comes some big challenges. As of 2017, Singaporeans’ life expectancy was said to be about.
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Past Articles

Most Singaporeans nowadays can expect to live to a ripe old age, but along with that comes some big challenges. As of 2017, Singaporeans’ life expectancy was said to be about.
September 16, 2020
January 16, 2024
Retiring

How to Financially Prepare Your Parents for Retirement

Just 50 years ago, living up till you are 70 years old was probably unimaginable. But right now, we are doing exactly just that. Between 1960 and 2016, the global average life expectancy increased from 52.5 to 72 years of age.
September 16, 2020
January 16, 2024
Retiring

What Does a Longer Life Expectancy Mean for Us?

Planning for retirement is never easy or straightforward. There are many things we need to consider, including some that may be outside of our control. However, not planning is not a solution.
September 16, 2020
January 16, 2024
Retiring

How to Plan for a Great Retirement in Singapore - Here's What You Need to Consider

Latest Article

Financial stress seems to be a widespread problem as inflation dampens consumers’ moods worldwide. Many Singaporeans also grapple with financial concerns as Singapore economy’s road to recovery faces multiple threats.
April 11, 2022
January 15, 2024
General Risk

5 Financial Easter Eggs to Help You Relieve Money Stress

Financial stress seems to be a widespread problem as inflation dampens consumers’ moods worldwide. Many Singaporeans also grapple with financial concerns as Singapore economy’s road to recovery faces multiple threats.
Read Now

Past Articles

Financial stress seems to be a widespread problem as inflation dampens consumers’ moods worldwide. Many Singaporeans also grapple with financial concerns as Singapore economy’s road to recovery faces multiple threats.
April 11, 2022
January 15, 2024
General Risk

5 Financial Easter Eggs to Help You Relieve Money Stress

If you’re looking to master your finances, the key is to figure out which budgeting technique works for you based on your individual circumstances.
March 7, 2022
January 16, 2024
General Risk

Practical Budgeting Strategies to Effectively Manage Your Finances

Travelling in the world of a pandemic can be challenging. And your safety is our top priority. Our travel plan covers you financially against Covid-19 and travel disruptions that could cause trip cancellation or delays, and more. Consider getting AXA Wanderlust Travel Insurance for greater peace of mind.
September 7, 2021
January 16, 2024
General Risk

9 Types of Travellers and the Best Travel Insurance for Each

High blood pressure, or hypertension, is a chronic medical condition in which the force of the blood pushing against the blood vessels is elevated. In essence, the higher your blood pressure, the harder your heart has to pump.
March 19, 2021
January 16, 2024
General Risk

6 Misconceptions You May Have About High Blood Pressure

You’re in for a rude awakening if you ever find yourself footing the bill after a three-day hospitalisation stay at a private hospital in Singapore. It can cost you more than $10,000 for something as simple as treating a bacterial infection. What’s even more shocking would be to hear that your health insurance plan isn’t enough to cover it and you’d need to fork out the extra cash out of your own pocket.
September 17, 2020
January 16, 2024
General Risk

Top 3 Reasons You Need Hospitalisation Cash Insurance

This is a common question among many Singaporeans. There are many misconceptions about how Personal Accident (PA) insurance plans work – and one dangerous assumption is that they’re “unnecessary” if you already have life and health insurance. Here’s why you should still have a PA policy:
September 17, 2020
January 18, 2024
General Risk

Why Do You Need a Personal Accident Plan Even if You're Insured?

There is no denying it – healthcare is expensive. You, like many others,might worry that being sick will cause a financial burden to you and your family. It’s a worry that has a real basis, according to a report that shows that healthcare cost inflation in Singapore was 10 times the economic inflation rate in 2018.
September 17, 2020
January 16, 2024
General Risk

Top 4 Reasons to Get an Advanced Health Plan for Your Family

Latest Article

Thinking about your passing may be disconcerting and even morbid for many. However, when you do so, you will be in a position to leave well – enabling you to give your loved ones the emotional and financial support they need when you are no longer around.
September 16, 2020
January 16, 2024
Estate Planning

Putting a Legacy Plan in Place, so Your Family Won’t Have to Do It for You

Thinking about your passing may be disconcerting and even morbid for many. However, when you do so, you will be in a position to leave well – enabling you to give your loved ones the emotional and financial support they need when you are no longer around.
Read Now

Past Articles

Thinking about your passing may be disconcerting and even morbid for many. However, when you do so, you will be in a position to leave well – enabling you to give your loved ones the emotional and financial support they need when you are no longer around.
September 16, 2020
January 16, 2024
Estate Planning

Putting a Legacy Plan in Place, so Your Family Won’t Have to Do It for You

Despite its importance, it is estimated that no more than 10 to 15 percent of Singaporeans have made wills. Dying without a will means to die “intestate.” It usually refers to a case whereby the deceased has not properly distributed his assets to his family members.
August 22, 2020
January 16, 2024
Estate Planning

Writing a Will in Singapore: What Is It and Why Do You Need One

Latest Article

What is critical illness insurance? Critical illness refers to serious or debilitating illnesses that affect your quality of life. Critical illness (CI) insurance generally refers to a type of insurance that pays out a lump sum if you're diagnosed with a critical illness covered by the policy. CI insurance is designed to help support you and your family in your time of need, so you can focus on recovering instead of worrying about your financial needs.
December 8, 2023
February 19, 2024
Protecting

The ultimate guide to critical illness insurance in Singapore

What is critical illness insurance? Critical illness refers to serious or debilitating illnesses that affect your quality of life. Critical illness (CI) insurance generally refers to a type of insurance that pays out a lump sum if you're diagnosed with a critical illness covered by the policy. CI insurance is designed to help support you and your family in your time of need, so you can focus on recovering instead of worrying about your financial needs.
Read Now

Past Articles

What is critical illness insurance? Critical illness refers to serious or debilitating illnesses that affect your quality of life. Critical illness (CI) insurance generally refers to a type of insurance that pays out a lump sum if you're diagnosed with a critical illness covered by the policy. CI insurance is designed to help support you and your family in your time of need, so you can focus on recovering instead of worrying about your financial needs.
December 8, 2023
February 19, 2024
Protecting

The ultimate guide to critical illness insurance in Singapore

Health insurance is one of the most important investments we can make — after all, what are we without our health? While health insurance such as a hospitalisation plan can cover you for the costs of a hospital stay, a lump-sum payout from other types of health insurance — such as a critical illness (CI) plan — may offer flexibility to use the payout however you need it.
December 8, 2023
January 15, 2024
Protecting

Critical illness insurance: Should you get a standalone plan or a rider?

Due to the fast-paced modern world, many women find themselves juggling multiple roles as they get older. This often results in increased stress levels, a sedentary lifestyle and various health issues. With age also comes increased health risks. What may not have been a cause for concern at 20 can pose risks by the time we hit 30 or 40. Read on to learn more about the four most common critical illnesses that are affecting women in Singapore.
May 13, 2022
January 16, 2024
Protecting

Common Health Concerns for Women Over 30

Health insurance is one of the main pillars of financial protection. Health insurance includes hospitalisation insurance, coverage for critical illnesses and disabilities, and even coverage for specific factors like maternity.
September 17, 2020
January 16, 2024
Protecting

Ultimate Guide to Health Insurance for Singaporeans

In 2018, medical inflation in Singapore was 10.0%, according to Mercer Marsh Benefit’s report on 2019 Medical Trends Around the World. This significantly outpaced the headline inflation rate in Singapore, which stood at just 0.4% over the same period.
September 17, 2020
January 16, 2024
Protecting

Planning for the Increasing Cost of Healthcare in Singapore

Critical Illness (CI) insurance provides a pay out when you’re diagnosed with a critical illness (consult the policy documents to see the exact list of illnesses covered. Note that not all CI policies cover the same range of illnesses).
September 17, 2020
January 16, 2024
Protecting

How Much Critical Illness Coverage is Enough for Singaporeans?

When you go on a beach holiday, snorkelling is one of the activities you may do to experience the underwater life. Typically, you would be encouraged to put on a life jacket even if you are a good swimmer. The life jacket may sometimes get in your way of enjoying the best experience and you may be tempted to take it off.
September 17, 2020
January 16, 2024
Protecting

5 Key Insurance Policies You Should Get in Singapore

Life insurance has come a long way – these days, life insurance policies offer greater flexibility in how they accumulate value, and how they can fit into different financial plans. One example of this is the choice of Participating (Par), and Non-Participating (Non-Par) whole life insurance.
September 17, 2020
January 16, 2024
Protecting

How to Choose Between Participating and Non-Participating Whole Life Policies

A recent study by the Life Insurance Association of Singapore (LIA) found that the average working adult in Singapore has a S$170,000 life protection gap, or roughly 2.1 times the average annual income. But what does this mean for you, and how can you ensure that your dependents and loved ones are adequately covered in the event of your death?
September 17, 2020
January 16, 2024
Protecting

How Much Life Insurance Coverage Should I Have to Support My Family?

When you’re in your mid-20s, you are most likely discovering your own financial independence. It is at this time in which one of your most important assets is your ability to make an income for yourself. So, what would you do if you lose that ability, even temporarily?
September 17, 2020
January 16, 2024
Protecting

Why You Should Buy Life Insurance in Your 20s

Not all term life insurance plans offer the same degree of protection; you can customise your term plan to make it better.
September 17, 2020
January 16, 2024
Protecting

What Riders Can You Consider For Your Term Life Insurance?

Life Insurance is a type of insurance that provides the insured or their dependents with a pay-out in the event of unexpected circumstances such as death, terminal illness or total and permanent disability (TPD). There are two common types of life insurance – term and whole life insurance.
September 17, 2020
January 15, 2024
Protecting

5 Things You Should Know About Life Insurance and Why You Should Get It

You would likely already have gotten the advice that you need to review your insurance policies with your financial consultant from time to time. While this is good practice, one question that arises is how regular these reviews should take place?
September 17, 2020
January 16, 2024
Protecting

6 Check Points in Your Life You Need to Review Your Insurance Policy

Nobody likes to think about the possibilities of death or terminal illness. Though life insurance may be a scary thing to purchase especially when you are young, it is absolutely necessary.
September 17, 2020
January 16, 2024
Protecting

4 Common Misconceptions About Life Insurance Explained

Term insurance is a type of life insurance that provides a lump-sum payout to you or your beneficiaries in the event of death, or upon being diagnosed with a terminal illness.
September 16, 2020
January 16, 2024
Protecting

Guide to Understanding Term Insurance

Most of us probably can understand the need to set up financial protection for our families, and are eager to provide that safety net. However, you may not be at the peak of your earning capacity yet. Perhaps you’re still at the early stages of your career, or you’re self-employed and your business is still getting started.
August 22, 2020
January 16, 2024
Protecting

How to Protect Your Family Financially on a Limited Income

From the moment you hold your baby in your hands for the first time, life as you once know it changes. You have a new responsibility that you will be embracing, literally, for the rest of your life.
August 22, 2020
January 16, 2024
Protecting

Protecting Your Child’s Financial Future

Disclaimer

Alliance Organisation is an agency unit representing HSBC Life (Singapore) Pte. Ltd. (Reg. No. 199903512M) ("HSBC Life"). Alliance Organisation is solely responsible for the entire content of this website. The views and opinions expressed in this website are solely that of the author and do not necessarily reflect the opinion of HSBC Life. For the avoidance of doubt, HSBC Life does not make any representations or warranties, express or implied, as to the completeness or accuracy of the information contained in this website. Further, HSBC Life expressly disclaims any and all liability relating to or arising from the use of and/or reliance on the information contained in this website.