Insurance Singapore

Educational articles on Singapore Insurance


Who are the insurance companies in Singapore

Insurance Companies Contact Number A&A Life Planners 63376575 AB Lim & Sons Enterprises 62722277 Abdul Wahab b Mohd Mattar 62732116 Able Insurance Brokers Pte Ltd 67474333 Abundant Life Planners Pte Ltd 62728563 Acclaim Insurance Brokers Pte Ltd 62242455 Ace Insurance Ltd 62988955 Actimek (S) Pte Ltd 63583136 Activate Life Planning Services Pte Ltd 63342008 Adrian [...]

Why is insurance so important

Many people do not give much thought to insurance, which is a pity.  They are under the firm conviction that bad things happen only to other people and they will go through life untouched by any problems.  Some of them even regard the payment of insurance premiums as a waste of money.  It is only when [...]

When should I start to buy insurance

This is a difficult question to answer especially when you consider the sheer range and variety of insurance cover that is available for various needs.  These needs will arise at different points in your life and may also vary from time to time so that a decision on every need will have to be examined [...]

What you need to know about insurance

In its most basic form, insurance means protection for you against financial losses because of the happening of some event in the future. It is obtained by paying somebody to take on the risk on your behalf. The person or company taking on the risk is called the insurer, you are called the insured and the payment that you make is [...]

What is the role of insurance brokers

An insurance broker is the middlemen between the insurance company and the customer and markets insurance policies on behalf of the insurer.  He is a professional who is required to give priority to his clients and provide objective advice that should not be influenced by any insurance company.  In this way, he functions in a manner that is similar to your lawyer or [...]

What is the role of an insurance agent

An insurance agent plays a very important role in the marketing and selling of insurance policies to potential customers.  The insurance agent can be regarded as the public face of the insurance company and represents the insurance company as far as the customer is concerned.  In most countries in the world, the majority of policies are sold by insurance [...]

What is insurance rider

An insurance rider is an amendment to the terms and conditions of coverage under standard insurance contracts.  Though a rider is normally used to increase the scope and value of cover, it is also occasionally used to reduce the cover.  For instance, if you are buying a life insurance policy and cannot afford the standard premiums, you can request [...]

What is insurance quote

Insurance is like an umbrella that you use for protection when the weather is bad.  If the sun is shining, an umbrella will be the last thing on your mind but if you are caught in a sudden or a storm without an umbrella, you will very quickly be educated on the benefits of a good [...]

What is insurance policy

In insurance, an insurance policy is a binding and valid contract between the insurer and the insured (who was also known as the policyholder) outlining the terms and conditions of the insurance coverage being provided.  In return for receiving a premium from the insured, the insurer agrees that, in the event of any insured peril or event that is specifically [...]

How insurance works

In fact, in many ways, insurance and gambling operate on the same principles.  You are risking a little money upfront in the expectation that you may need a large payoff at some time in the future.  The major difference is that gamblers are seeking risk in a quest for more money while you are paying a small [...]