Life Insurance 101

I saw this interesting Life Insurance cheat sheet on Bankrate which I thought was worth sharing. There are 3 basic questions that people often ask themselves prior to buying, which are primarily just when, how much and what to buy. Some keynotes for Life Insurance (which is incidentally applicable to other insurance as well): TransferContinue reading “Life Insurance 101”

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”