Understanding why premiums differ for different insurance types

There are countless of insurance types in the market. No matter what imaginable risk you may have to transfer to a third-party, finding a counterparty in the open market who is willing to takeup that risk is actually a piece of cake. However, have you ever wondered why even for 2 similar product types thatContinue reading “Understanding why premiums differ for different insurance types”

Why I chose to DIY my Insurance

How many of us actually take time to read up and familiarise yourself with the different insurance policies and terms, examine your own portfolio periodically or even have an idea of the scope and coverage required? If you do not, then Do-It-Yourself (DIY) is probably not suitable for you. Personally, I have been doing theContinue reading “Why I chose to DIY my Insurance”

I will my assets, share and share alike

Everyone eventually leaves one day, and you either leave assets or liabilities behind, or even both. I have been going through this thought process of making a will. Doing one is not expensive, it can cost anything from a few hundred dollars to zero cost. I laid out all that I might possibly have, thoughContinue reading “I will my assets, share and share alike”

Personal insurance coverage

I have covered the insurance coverage for my child in an earlier post and thought to do the same for myself. Technically, I recognise that I have a young dependent and housing as a big ticket item. In the case of my early dismiss, I need to ensure that at least the housing loan isContinue reading “Personal insurance coverage”