If you have a pre-existing condition or had some symptoms that subsequently went away – how do you apply for insurance coverage? Is it important that you declare the condition? What if the insurer rejects you? These are just some of the common questions I encounter from my clients. In this article, I hope to […]
Awesome Articles

By Wei Ting
Is Your Early CI Plan Truly the Best?
Early Critical Illness (“Early CI”) insurance plans are one of the product innovations from insurance companies in recent years. Others include plans that cover pre-existing conditions such as diabetes; and multi-pay CI plans that allow for more than one CI claim. As Early CI plans become more common, I noticed an increase in enquiries from […]

By Wei Ting
The Best Education Endowment Plan
For many parents, the gift of an education signifies the gift of a brighter future to their children. Even when faced with a limited budget, the parents I meet would often still prioritize planning for their kid’s education over other financial considerations. Because it is of such importance to many parents, I hope to share […]

By Wei Ting
Hello Tsao Foundation Event Friends!
Hello! Thank you for dropping by my website after attending my talk on how to “Make Retirement the Best Vacation of Our Lives” at West Mall. If you have any questions about retirement planning, please feel free to drop me a message here. Otherwise, you can like our Facebook page or subscribe to our mailing list […]

By Wei Ting
Should I Contribute to My Supplementary Retirement Scheme (SRS)?
The most common questions I receive every year-end are related to the Supplementary Retirement Scheme (“SRS”) – how does it benefit them, and if I would recommend them to contribute to SRS. To which, I would usually reply “It depends”. And they are often surprised by my answer, because all that they have heard from […]

By Wei Ting
When to Buy Term and Invest the Rest and When to Whole-Life?
The phrase “Buy Term (and) Invest the Rest/Difference” or “BTIR/D” has been around and accepted by many without any questions. There is even a wildly popular financial services website that advocates term insurance against whole-life plans, dismissing the use of whole-life plans altogether. The BTIR model advocates that we get term insurance to cover our needs […]

By Wei Ting
[Did your banker?] PRUFlexiCash Review
I have had so many enquiries from my clients and others about their PruFlexiCash plans that I decided to review this plan first for my [Did your banker?] series. “Is PruFlexiCash good?”or “Should I terminate my PruFlexiCash?” are examples of the questions I have received. Which leads me to, why do they have these questions or regret? […]

By Wei Ting
The Right Critical Illness Plan for Smokers
After my last article on The Cheapest Insurance for Smokers, I had some readers ask me “Eh, how about the cheapest term insurance for smokers?” which I did not cover in that post. Okay, I heard you! I will discuss in this article if term plans is a suitable instrument for smokers to cover critical […]

By Wei Ting
Did Your Banker Try to Sell You That?
As advisors, we invariably get a lot of questions on insurance or investment plans from our clients whose bankers have tried to sell them. And boy are we glad they asked us before they commit to it! Many a time there are better plans out there, or perhaps the banker didn’t explain the product properly, […]

By Wei Ting
All About the NEW PRUShield Extra ‘A’ Premier Premium Structure
Prushield Extra ‘A’ Premier is the rider of Prudential’s private hospital coverage that covers both the deductible and co-insurance. This rider ensures that in the event of a hospitalization, policyholders do not have to pay a single cent as it is all taken care of by Prudential, i.e. coverage from the first dollar. In end-March […]

By Wei Ting
AIA Diabetes Care – Critical Illness Life Insurance for Type 2 Diabetics
Diabetes Mellitus is one of the pre-existing conditions whereby patients find it hard or almost impossible to get any life or health insurance coverage once diagnosed. Yet, it is also one of the health conditions that, if not properly managed, will lead to a series of serious debilitating health complications. Health complications of diabetes patients […]

By Wei Ting
The Cheapest Insurance for Smokers in Singapore
The cheapest and most affordable insurance for smokers are those that do not load the smokers, i.e. both smokers and non-smokers are paying the same premium amount. Yup, you heard me right – the same premium! Such a plan does exist! The effect of smoking surcharges is especially pronounced in whole life and critical illness insurance and I […]

By Wei Ting
Use Insurance to Navigate Life’s Worst Case Scenarios
– 5 minutes read – I dedicate the first post on this website to insurance because it forms the foundation of all financial planning. Without it, any plans for getting “rich” (that’s what everyone wants, right?) would be shaky, easily crumbled by any financial burden caused by major events such as illnesses or premature death. How people […]