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	<title>Singapore First Investment, Insurance Blog</title>
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	<link>http://www.investmentsg.com/blog</link>
	<description>Singapore First Financial Investment &#038; Insurance Blog</description>
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		<title>Do You Really Have A Financial Adviser or Agent?</title>
		<link>http://www.investmentsg.com/blog/featured/do-you-really-have-a-financial-adviser-or-agent/</link>
		<comments>http://www.investmentsg.com/blog/featured/do-you-really-have-a-financial-adviser-or-agent/#comments</comments>
		<pubDate>Sat, 08 Oct 2011 09:52:53 +0000</pubDate>
		<dc:creator>Jack Lan</dc:creator>
				<category><![CDATA[Featured]]></category>

		<guid isPermaLink="false">http://www.investmentsg.com/blog/?p=110</guid>
		<description><![CDATA[Are You Confused and Overwhelmed By The Attractive Advertisements On Financial Products! Can Your Really Trust The Banker Who Job-Hop Every 2 Years? Is Your Advisor Really A Genuine Adviser or Just Another Agent Who Can Only Advise On The Products They Have In Their Single Brand Shelves (Insurance Agent)? Finally, Now You Can Have 100% Non-Sales Oriented Free Consultation Session On Almost [...]]]></description>
			<content:encoded><![CDATA[<p align="center"><strong><span style="color: #ff0000; font-family: Tahoma;">Are You Confused and Overwhelmed By The Attractive Advertisements On Financial Products!</span></strong></p>
<blockquote>
<p align="center"><strong><span style="font-family: Tahoma; font-size: large;">Can Your Really <span style="color: #ff0000;"><em>Trust The Banker </em></span><span style="text-decoration: underline;">Who Job-Hop Every 2 Years?</span> <span style="color: #ff0000;"><em>Is Your Advisor Really A Genuine Adviser</em> </span>or Just Another Agent Who Can Only Advise On The Products They Have In Their Single Brand Shelves (Insurance Agent)?</span></strong></p>
<p align="center"><strong><span style="color: #000080; font-family: Tahoma;">Finally, Now You Can Have </span><span style="font-family: Tahoma;">100% <span style="text-decoration: underline;">Non-Sales Oriented</span> Free Consultation Session</span><span style="color: #ff0000; font-family: Tahoma;"> </span><span style="color: #000080; font-family: Tahoma;">On Almost All Financial Products Available In Singapore Market,</span><span style="color: #ff0000; font-family: Tahoma;"> </span><span style="font-family: Tahoma;"><span style="text-decoration: underline;">No More Headache and Regrets</span>. </span></strong></p>
<p align="center"><strong><span><br />
</span><span style="color: #000080; font-family: Tahoma;">No More Salesman and Product Agents!</span></strong></p>
</blockquote>
<blockquote>
<p align="justify"><span style="color: #333333; font-family: Verdana; font-size: x-small;">Being trusted successful financial advisers, our financial solutions must always <strong>create value</strong> for our clients. This is because the needs of our clients drive our business and not vice versa. <strong>Unlike our competitors, our business is not driven by cross-selling all and sundry</strong>, regardless of whether clients need them!</span></p>
<p align="justify"><span style="color: #333333; font-family: Verdana; font-size: x-small;">Being an independent adviser, our <strong>value proposition to our clients is unique</strong>.</span></p>
<p align="left"><span style="color: #333333; font-family: Verdana; font-size: x-small;">Using our Wealth Management Process and Software, our advisers will ensure that your financial goals and objectives are achieved. We cover a complete scope of wealth management. They include:</span></p>
<p>1. Cash Flow and Budgeting<br />
2. Income Replacement Planning<br />
3. Children’s Tertiary Education Planning<br />
4. Home Loan and Debt Financing<br />
5. Retirement Planning<br />
6. Savings and Investment Planning<br />
7. Tax Planning<br />
8. Estate Analysis and Planning</p>
<p align="center"><strong><span style="color: #333333; font-family: Tahoma; font-size: large;">We are not only Certified Financial Advisor but are </span><span style="color: #ff0000; font-family: Tahoma; font-size: large;"><span style="text-decoration: underline;">Individually Licensed by MAS</span></span><span style="color: #333333; font-family: Tahoma; font-size: large;"> as a Full-Time Financial Advisor Representative</span><span style="color: #333333; font-family: Tahoma; font-size: medium;"> </span><span style="color: #000080; font-family: Tahoma;">(</span></strong><span style="color: #000080; font-family: Tahoma;"><em><span style="text-decoration: underline;">For your information even your trusted banker and insurance agent who call themselves as a financial advisor don&#8217;t have this license from MAS, they are just another product sale person.</span></em><strong>)</strong></span></p>
<p align="justify"><span style="color: #333333; font-family: Verdana; font-size: x-small;">The<strong> <span style="text-decoration: underline;">Monetary Authority of Singapore polices our compliance</span> </strong>with the regulations, including the strict segregation of clients&#8217; funds, and the qualifications and conduct of our employees and advisers. Clients are assured of the quality of financial planning services from New Independent&#8217;s team of professionals.</span></p>
<p align="center"><span style="color: #000080; font-family: Verdana; font-size: large;"><strong>Our success<em> </em>has been driven by focusing on our clients&#8217; needs.</strong></span></p>
<p align="justify"><span style="color: #333333; font-family: Verdana; font-size: x-small;">We believe that good advice begins with attentive listening &#8211; listening to our clients as their needs evolve through their life-stages. It is by listening that we are able to create value for our clients from the onset and always thereafter.</span></p>
<p align="center"><strong><span style="color: #ff0000; font-family: Verdana;">Is Almost Impossible For Busy Person Like You To Go Through All The Products and Find The Best! And Your Insurance Agents Will Always Say Theirs Are The Best!</span></strong></p>
<p align="justify"><span style="color: #333333; font-family: Verdana; font-size: x-small;">In today’s world, <strong>most people do not have the time to closely analyse their financial situation, ponder their financial future, or spend hours investigating to find out the best investment opportunities available.</strong>Over here we offers you the opportunity to provide you with the best investment solutions.</span></p>
<p align="justify"><span style="color: #333333; font-family: Verdana; font-size: x-small;"> </span></p>
<p align="justify"><span style="color: #333333;"><span style="font-size: x-small;">We are committed to helping all our clients to become totally financially independent and secure. With us as your advisor, there is <strong>no such thing as a &#8220;typical&#8221; client</strong>,because each person has his own <strong>individual needs, goals, concerns and aspirations</strong>. Some of the people we meet have saved capital and want a better return from it. Other have the capacity to save or &#8220;surplus income&#8221; that needs a better potential return than gained normally through a bank or building society account</span></span><span style="color: #333333; font-family: Verdana; font-size: x-small;">.</span></p>
<p align="justify"><span style="color: #333333; font-family: Verdana; font-size: x-small;"> </span></p>
<p align="justify"><span style="color: #333333; font-family: Verdana; font-size: x-small;">Each client requires – and receives – </span><span style="color: #ff0000; font-family: Verdana; font-size: x-small;"><strong>tailor-made financial services</strong></span><span style="color: #333333; font-family: Verdana; font-size: x-small;">.</span></p>
<p align="center"><strong><span style="font-family: Tahoma; font-size: medium;">We are a 100% Pure Financial Consultation Firm Who OnlyAdvise According to our Clients Need &amp; Want. Here You Can Get<span style="text-decoration: underline;">Non-Basie Advise </span>from Us as We don&#8217;t Own Any Products Unlike Insurance Agents and Bankers.</span></strong></p>
<p align="justify"><span style="color: #333333; font-family: Verdana;"> </span></p>
<p align="justify"><span style="color: #333333; font-size: x-small;">As </span><span style="color: #ff0000; font-size: x-small;"><strong>we are not tied to any single product provider</strong></span><span style="color: #333333; font-size: x-small;"> we have the <span style="text-decoration: underline;">entire investment market at our disposal, and have trained personnel on hand to choose the absolutebest products on the marketplace at any one time.</span> Our ethos is to select the best provider and most appropriate product for your specific financial circumstances. </span><span style="color: #333333; font-family: Verdana; font-size: x-small;"> </span></p>
<p align="center"><strong><span style="font-family: Tahoma; font-size: medium;"> Finally, you get all the above specialist services all for FREE,<span style="color: #ff0000;"> YES $0 Consultation Fee</span><span style="color: #ff0000;">.</span></span></strong></p>
<p align="center"><strong><span style="font-family: Tahoma; font-size: medium;">If You Are <span style="text-decoration: underline;">Not Interested In A Full-Financial Planning</span></span><span style="color: #800000; font-family: Tahoma; font-size: medium;"><br />
</span></strong><span style="color: #000080; font-family: Tahoma; font-size: medium;">(We respect that! )but rather  are looking for a plan or products, we will be right there for you too.</span></p>
<p align="center"><span style="color: #000080; font-family: Tahoma; font-size: medium;">Give us a call and arrange for an appointment, tell us the products</span></p>
</blockquote>
<blockquote>
<p align="center"><strong><span style="font-family: Tahoma; font-size: medium;"> We will find the best plan in the market that best suit your need and want. <span style="color: #000080;">100% No Obligation if we cannot fulfill your requirements.</span></span></strong></p>
<p align="center">
</blockquote>
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		<title>Get $100 + $100 For Saving $250/mth Now</title>
		<link>http://www.investmentsg.com/blog/financial-planning/protection-planning/ntuc-revosave-promotion-dec-2008/</link>
		<comments>http://www.investmentsg.com/blog/financial-planning/protection-planning/ntuc-revosave-promotion-dec-2008/#comments</comments>
		<pubDate>Tue, 25 Nov 2008 07:29:39 +0000</pubDate>
		<dc:creator>Jack Lan</dc:creator>
				<category><![CDATA[Protection Planning]]></category>
		<category><![CDATA[NTUC Income]]></category>
		<category><![CDATA[Revosave]]></category>

		<guid isPermaLink="false">http://www.investmentsg.com/blog/?p=74</guid>
		<description><![CDATA[NTUC Income is having a Festive Promotion for Revosave (TILL DEC 2008 ONLY), one of the best selling Regular Saving Plan for anyone in Singapore Year 2007! Getting your Bonus soon, at this tough time saving it up is the best advise! NTUC Income is Giving You: You will get $100 Vouchers with $250 Monthly [...]]]></description>
			<content:encoded><![CDATA[<p>NTUC Income is having a<strong> Festive Promotion</strong> for Revosave <strong>(TILL DEC 2008 ONLY)</strong>, one of the best selling Regular Saving Plan for anyone in Singapore Year 2007!</p>
<p>Getting your Bonus soon, at this tough time saving it up is the best advise!</p>
<p>NTUC Income is Giving You:</p>
<p><strong>You will get $100 Vouchers with $250 Monthly Premium Saving</strong></p>
<p>&nbsp;</p>
<p><strong>You will get $200 Vouchers with $350 Monthly Premium Saving</strong></p>
<p><span style="color: #ff0000;"><strong>Plus Super Bonus Extra $100 </strong></span>from InvestmentSG Consultant, if you choose to take up the plan from us! Limited to first 10 Saver only. Term &amp; Condition Apply. <strong>CALL/SMS  97775701 or Email cj@investmentsg.com</strong></p>
<p><strong><span style="color: #ff0000;"><a title="NTUC INCOME REVOSAVE PROMOTION 2008" href="http://www.investmentsg.com/blog/products-promotion-advertising/ntuc-income-revosave-regular-saving-insurance-promotion">More Information Click Here!!</a></span></strong></p>
]]></content:encoded>
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		<title>Get $350 Shopping Voucher For Saving Regularly</title>
		<link>http://www.investmentsg.com/blog/products-promotion-advertising/ntuc-income-revosave-regular-saving-insurance-promotion/</link>
		<comments>http://www.investmentsg.com/blog/products-promotion-advertising/ntuc-income-revosave-regular-saving-insurance-promotion/#comments</comments>
		<pubDate>Tue, 25 Nov 2008 06:45:43 +0000</pubDate>
		<dc:creator>Jack Lan</dc:creator>
				<category><![CDATA[Insurance Saving Plan]]></category>
		<category><![CDATA[Products Promotion & Advertising]]></category>
		<category><![CDATA[Regular Saving Plan]]></category>
		<category><![CDATA[NTUC Income]]></category>
		<category><![CDATA[Revosave]]></category>
		<category><![CDATA[Saving Plan]]></category>
		<category><![CDATA[Singapore]]></category>

		<guid isPermaLink="false">http://www.investmentsg.com/blog/featured/get-350-shopping-voucher-for-saving-regularly</guid>
		<description><![CDATA[NTUC Income, your trusted home-grown brand gives you extra this festive season. Sing Up revosave, a regular saving plan and be rewarded with Robinsons or NTUC FairPrice vouchers and enjoy everything your money can do! You will get $100 Vouchers with $250 Monthly Premium Saving You will get $200 Vouchers with $350 Monthly Premium Saving [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.investmentsg.com/blog/wp-content/uploads/2008/11/revo.jpg"><img class="alignnone size-medium wp-image-70" title="revo" src="http://www.investmentsg.com/blog/wp-content/uploads/2008/11/revo.jpg" alt="" width="191" height="77" /></a></p>
<p>NTUC Income, your trusted home-grown brand gives you extra this festive season. Sing Up revosave, a regular saving plan and be rewarded with Robinsons or NTUC FairPrice vouchers and enjoy everything your money can do!</p>
<div><img style="max-width: 800px;" src="http://www.lanzijun.com/wp-content/uploads/2008/11/revosave-promotion.jpg" alt="" /></div>
<p>You will get $100 Vouchers with $250 Monthly Premium Saving<br />
You will get $200 Vouchers with $350 Monthly Premium Saving<br />
You will get $350 Vouchers with $500 Monthly Premium Saving</p>
<div><img style="max-width: 800px;" src="http://www.lanzijun.com/wp-content/uploads/2008/11/revosave-promotion-1.jpg" alt="" /></div>
<p>SUPER BONUS:<br />
If you get your Revosave from InvestmentSG Consultant, we will be giving you another $100 to $200 more shopping vouchers. Yes you will be getting additional Up to $200 more shopping voucher on top of what NTUC is giving.</p>
<p>E-mail us at jack@investmentsg.com or SMS 91059260 for more details! This promotion is valid till 20 December 2008 ONLY! Act Fast!</p>
<p>Extra Vouchers Are Limited to first 10 Applicant who took up this regular saving plan- NTUC Revosave!</p>
<p><small><small><small><small><strong><span style="font-family: verdana;"><big><big></big></big></span></strong></small></small></small></small></p>
<div><strong><span style="font-family: verdana;"><big><big></big></big></span></strong></p>
<p><strong><span style="font-family: verdana;"><big><big></big></big></span></strong><img style="max-width: 800px;" title="NTUC Income - Revosave Regular Saving Plan for Everyone" src="http://www.lanzijun.com/wp-content/uploads/2008/11/revosave.jpg" alt="NTUC Income - Revosave Regular Saving Plan for Everyone" /></p>
<div>More Information About NTUC Income Revosave!</p>
<p>Life is full of ups and downs. With revosave, we are here to catch you when you are down, but unlike others, we can lift you higher when you’re up.</p>
<p>It is simple really. We prepare you for a rainy day with insurance and savings. And when the sun comes out and you are ready to indulge, we will be there with Cash Benefits to give your life an added shine.</p>
<p>But why stop there? Go ahead and work your money a little harder with our investment-linked funds to earn greater returns.</p>
<p>revosave is the perfect solution for you, because you do not just want the most out of your money, but also the most out of life.</p>
<p><span class="FONT11B-RED">Cash benefits for whatever, whenever</span><br />
Starting from the end of your second policy anniversary (or the 25th month), you will receive a guaranteed Cash Benefit to enjoy any way you wish. This will be payable at each policy anniversary that follows, for the entire policy term.</p>
<p>So now you can afford to indulge, whether it is an exotic safari holiday in Africa or a luxury timepiece.</p>
<p><span class="FONT11B-RED">Flexibility to save for that rainy day</span><br />
With the enhanced flexibility of the plan, you can also choose to save your Cash Benefit back with us to enjoy an attractive interest. So you can be assured of being all the more prepared, should the going get tough.</p>
<p><span class="FONT11B-RED">Grow your returns with investments</span><br />
If you would like a shot at higher returns, revosave offers even more flexibility with the option to invest your Cash Benefits in our Combined Funds for potentially higher returns.</p>
<p>As a revosave policyholder, you will also get to enjoy a waiver of sales charge or policy fee for your special Investment-Linked account.</p>
<p><span class="FONT11B-RED">Peace of mind with comprehensive coverage</span><br />
revosave’s insurance coverage provides death as well as permanent &amp; total disability benefits. For a greater peace of mind, supplementary benefits riders are available with revosave.</p>
<p>Savings, investments, protection and the flexibility to manage these as you please, that’s revosave – so you can enjoy everything your money can do.</p>
<p><!--<LINK REL="stylesheet" HREF="/IncCOOP/stylesheet/income1.css" mce_HREF="/IncCOOP/stylesheet/income1.css" TYPE="text/css">&#8211;></p>
<p class="FONT11-RED"><small> <em>Buying a life insurance plan is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than the total premiums paid.</em></small></p>
<p><!--<LINK REL="stylesheet" HREF="/IncCOOP/stylesheet/income1.css" mce_HREF="/IncCOOP/stylesheet/income1.css" TYPE="text/css">&#8211;></p>
<p class="FONT11-RED"><small><em>Information is correct at time of posting. Please check with NTUC Income for subsequent updates, if any. The information provided on this website is for general information only and not a contract of insurance. Please refer to policy document for precise terms and conditions.</em></small></p>
</div>
</div>
<p><a href="http://www.investmentsg.com/blog/wp-content/uploads/2008/11/checkmark_graphic.gif"><br />
</a><a class="performancingtags" rel="tag" href="http://technorati.com/tag/insurance%20saving%20plan"> </a></p>
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		<title>Types of savings</title>
		<link>http://www.investmentsg.com/blog/uncategorized/types-of-savings/</link>
		<comments>http://www.investmentsg.com/blog/uncategorized/types-of-savings/#comments</comments>
		<pubDate>Fri, 14 Nov 2008 10:06:20 +0000</pubDate>
		<dc:creator>Jack Lan</dc:creator>
				<category><![CDATA[Latest Updates]]></category>

		<guid isPermaLink="false">http://www.investmentsg.com/blog/uncategorized/types-of-savings</guid>
		<description><![CDATA[Fixed Deposits Fixed deposits (FDs) are regarded as safe instrument to earn interest on your money. You place with a specific sum of money for an agreed term and interest rate offered by the bank. Larger deposits or longer terms of duration have higher interest rates. Generally, the rates offered are higher than those of [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Fixed Deposits</strong></p>
<p>Fixed deposits (FDs) are regarded as safe instrument to earn interest<br />
on your money. You place with a specific sum of money for an agreed<br />
term and interest rate offered by the bank. Larger deposits or longer<br />
terms of duration have higher interest rates. Generally, the rates<br />
offered are higher than those of regular deposit/savings accounts. Upon<br />
maturity, you can take your deposit amount and earned interest or you<br />
can renew the investment.</p>
<p><strong>Endowment</strong></p>
<p>Endowment<br />
plans are popular in Singapore as they have fixed maturity dates that<br />
have Insurance and an element of savings built into them. Many<br />
Endowment plans allow you to choose amount of insurance coverage and<br />
savings you want. These plans allow your savings to accumulate interest<br />
which is usually higher than bank interest rates.</p>
<p><strong>Investment Linked Insurance </strong></p>
<p><strong>Investment Linked Insurance </strong>plans,<br />
as its name suggests, gives you protection and at the same time allows<br />
you to invest your savings in primarily unit trusts which consists of<br />
bonds, equities, REITS etc, that has the potential to give higher<br />
returns. Many Investment Linked plans allow you to choose amount of<br />
coverage. This would be more suitable for younger people as they have<br />
the time to ride out market volatility.</p>
<p><strong>Annuity </strong></p>
<p>An annuity works the opposite way of life insurance. It provides a hedge against outliving your savings.</p>
<p>An<br />
annuity contract is created when an individual gives life insurance<br />
company money which may grow on a tax-deferred basis and then can be<br />
distributed back to the owner in several ways. The defining<br />
characteristic of most annuity contracts is the option for a guaranteed<br />
distribution of income until the death of the person or persons named<br />
in the contract.</p>
<p><strong>Variable annuity</strong><br />
is a type of annuity that has an investment backdrop as there is a<br />
potential for higher returns. Variable annuities are usually invested<br />
in unit trusts and variable annuity contract by making either a single<br />
purchase payment or a series of purchase payments.</p>
<p><strong>Deffered annuity</strong><br />
is another type of annuity which commences after a specified period in<br />
order to earn higher interest. Deffered annuity can be either fixed or<br />
variable depending on the plan.</p>
<p>&nbsp;</p>
<p><strong>CALL/SMS  97775701 or Email cj@investmentsg.com</strong></p>
]]></content:encoded>
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		<title>Take 5 Minute Quiz &amp; Win iPod Touch 8GB &amp; Asus Eee</title>
		<link>http://www.investmentsg.com/blog/uncategorized/take-5-minute-quiz-win-ipod-touch-8gb-asus-eee/</link>
		<comments>http://www.investmentsg.com/blog/uncategorized/take-5-minute-quiz-win-ipod-touch-8gb-asus-eee/#comments</comments>
		<pubDate>Fri, 14 Nov 2008 01:02:23 +0000</pubDate>
		<dc:creator>Jack Lan</dc:creator>
				<category><![CDATA[CPF Investment]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Investment Planning]]></category>
		<category><![CDATA[Latest Updates]]></category>
		<category><![CDATA[Retirement Planning]]></category>
		<category><![CDATA[cpf]]></category>
		<category><![CDATA[imsavvy]]></category>
		<category><![CDATA[quiz]]></category>

		<guid isPermaLink="false">http://www.investmentsg.com/blog/uncategorized/take-5-minute-quiz-win-ipod-touch-8gb-asus-eee</guid>
		<description><![CDATA[Have you heard of IM$avvy, recently heavily promoted in channel 8.&#160; It is a website specially setup by CPF Board and MoneySENSE for Singaporean, to increase their general knowledge about financial planning and products. This is a great information website as most Singaporean are still lacking proper financial planning knowledge and advises. Currently IM$savvy is [...]]]></description>
			<content:encoded><![CDATA[<p>Have you heard of IM$avvy, recently heavily promoted in channel 8.&nbsp; It is a website specially setup by CPF Board and MoneySENSE for Singaporean, to increase their general knowledge about financial planning and products. This is a great information website as most Singaporean are still lacking proper financial planning knowledge and advises.</p>
<p>Currently IM$savvy is running a financial literacy quiz. By doing this quiz, you can test your know-how with a quick 10 minute quiz and discover your IMsavvy financial literacy type, Guru , Cool Due,Average Joe and Boh-chup!<br /><img style="max-width: 800px;" src="http://www.investmentsg.com/blog/wp-content/uploads/2008/11/guru-financial-planning.jpg" /></p>
<p>I have completed the quiz and of course I scored a Guru!</p>
<p>My review about this quiz: great questions which really target general Singaporean. In fact, these questions are often ask or misunderstand by my clients and friends too. Therfore, I highly recommend you to take this quiz to better understand financial planning and most importantly yourself, furthermore you might be walking away with a new iPod 8GD or Asus EeePC.<br /><img style="max-width: 800px;" src="http://www.investmentsg.com/blog/wp-content/uploads/2008/11/guru-prizes.jpg" /></p>
<p>If you think you have great financial planning knowledge or someone who think you don&#8217;t need an independent financial adviser and can take care of your own financial planning, you should try this quiz, if you score anywhere below Average Joe, you should seriously consider changing your belief and start getting an financial adivser (Not Insurance Agent) before is too late!</p>
<p>Once completed, Please share with us your Quiz experience &amp; score by dropping us your comments.</p>
<p>If you happen to win the iPod 8GB or Ausu Eee PC, do share with us your joy too! So hurry, visit <a target="_blank" href="http://www.cpf.gov.sg/imsavvy/quizme.asp">IMsavvy website now</a>!</p>
<p><i><a target="_blank" href="http://www.cpf.gov.sg/imsavvy/quizme.asp">IM$avvy</a> is a personal financial planning educational website run by the Central Provident Fund Board and supported by MoneySENSE.</i></p>
<p></p>
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		<title>What Are Annuities?</title>
		<link>http://www.investmentsg.com/blog/financial-planning/retirement-planning/singapore-annuity-plans-products/</link>
		<comments>http://www.investmentsg.com/blog/financial-planning/retirement-planning/singapore-annuity-plans-products/#comments</comments>
		<pubDate>Fri, 04 Jul 2008 17:40:59 +0000</pubDate>
		<dc:creator>Jack Lan</dc:creator>
				<category><![CDATA[Retirement Planning]]></category>
		<category><![CDATA[annuity]]></category>
		<category><![CDATA[retirement]]></category>

		<guid isPermaLink="false">http://www.investmentsg.com/blog/annuity-plan/singapore-annuity-plans-products</guid>
		<description><![CDATA[What is Annuity? An Annuity is a contract that provides a guaranteed income to the annuitant for life (or a shorter specific period) with income payments made annually, semi-annually quarterly or monthly. Annuities have sometime been described as the opposite of life insurance because life insurance provides protection against someone dying too soon, annuities provide [...]]]></description>
			<content:encoded><![CDATA[<p><strong>What is Annuity?</strong></p>
<p>An Annuity is a contract that provides a guaranteed income to the annuitant for life (or a shorter specific period) with income payments made annually, semi-annually quarterly or monthly.</p>
<p>Annuities have sometime been described as the opposite of life insurance because life insurance provides protection against someone dying too soon, annuities provide protection against someone &#8220;living too long&#8221; &#8211; living so long as to outlive one&#8217;s financial resources.</p>
<p>Although not strictly a life insurance product, annuities are sold by life insurers in Singapore. One can either use cash or the CPF Minimum Sum to purchase annuities.</p>
<p>Buying Annuity Policy For Retirement</p>
<p>Purchasing annuity policy is a more feasible choice than leaving the money in the bank for most people. The reasons being:</p>
<ul>
<li> the person may not have the discipline to not to over draw from the account for reason such as going for tours more often than planned. This will cause the principal to deplete faster.</li>
<li>Annuity policies are specially designed to protect one against living too long and outliving his resources</li>
<li>Depending on the type fo annuity purchased, the annuity payment may continue to be paid even though the principal sum (purchase price) used to purchase the policy has been exhausted.</li>
</ul>
<p><strong>Benefit of Annuities</strong></p>
<ul>
<li>Annuity payout is free from income tax</li>
<li>Provide guranteed income</li>
<li>Provide option for annuitant to pay the purchase price over his working years</li>
<li>Investment returns earned during the accumulation period is tax free</li>
<li>Capital may be guaranteed depending on the types of annuity purchased</li>
</ul>
<p><strong>Limitation of Annuities</strong></p>
<ul>
<li> Cannot be used for death protection and should be purchased only after provision for pre-mature death is in place</li>
<li>cannot be used to provide for major illness protection</li>
<li>Not suitable for people in poor health</li>
<li>Usually does not have any feature to counter the effect of inflation</li>
</ul>
<p>If you are looking for an annuity for yourself or your parent, feel free to contact me! Being an independent consultant, I have access to almost all the annuities available in Singapore. Because of that, I have done some comparison on each annuity so as to understand which plan is most suitable for different type of client, and which plan give better returns. <strong>CALL/SMS  97775701 or Email cj@investmentsg.com</strong></p>
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		<title>The Retirement Planning Process</title>
		<link>http://www.investmentsg.com/blog/financial-planning/retirement-planning/retirement-planning-process/</link>
		<comments>http://www.investmentsg.com/blog/financial-planning/retirement-planning/retirement-planning-process/#comments</comments>
		<pubDate>Fri, 04 Jul 2008 15:14:39 +0000</pubDate>
		<dc:creator>Jack Lan</dc:creator>
				<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Retirement Planning]]></category>
		<category><![CDATA[retirement planning process]]></category>

		<guid isPermaLink="false">http://www.investmentsg.com/blog/financial-planning/retirement-planning/retirement-planning-process</guid>
		<description><![CDATA[The Retirement planning process is made up of 6 steps: Establish Goals Gathering Relevant Data Analysing The Data Developing a Plan Implementing The Plan Monitoring The Plan Let me bring you through the steps and explain how I usually use these steps to help my clients customize their retirement plan. Step 1 &#8211; Establish Goals [...]]]></description>
			<content:encoded><![CDATA[<p>The Retirement planning process is made up of 6 steps:</p>
<ol>
<li>Establish Goals</li>
<li>Gathering Relevant Data</li>
<li>Analysing The Data</li>
<li>Developing a Plan</li>
<li>Implementing The Plan</li>
<li>Monitoring The Plan</li>
</ol>
<p>Let me bring you through the steps and explain how I usually use these steps to help my clients customize their retirement plan.</p>
<p><strong>Step 1 &#8211; Establish Goals</strong></p>
<p>Client&#8217;s goals vary significantly depending on many factors including health, age, marital status, number and age of children, different in the ages of the husband and wife and personal preferences. Also clients&#8217; goals will vary depending on his personal definition of retirement. For some, retirement is the last day they have to work for others, it is the last day they want to work and for still others, it is the last day they can work.</p>
<p>As such effective retirement planning begins with identifying and prioritizing my client&#8217;s retirement goals. The goals identified must be both realistic and attainable. Example of retirement goals include:</p>
<ul>
<li>Maintaining pre-retirement standard of living</li>
<li>Maintaining economic self -sufficiency</li>
<li>Minimizing taxes</li>
<li>Retiring early</li>
<li>Adapting to non-economic aspects of retirement</li>
<li>Passing on wealth to others</li>
<li>improving lifestyle in retirement</li>
<li>aring for Dependants</li>
</ul>
<p>Maintaining their standard of living despite the loss of income from employment can mean a variety of things to clients. For some clients it may mean being able to stay where they are without dramatic loss of purchasing power. Other clients may be willing to move to a less costly house in order to maintain their purchasing power. client who are active in leisure activities such as golf will want to continues these activities.</p>
<p><strong>Maintaining economic Self-Sufficiency </strong></p>
<p>An objective that goes hand in hand with maintaining one&#8217;s pre-retirement standard of living is the desire to remain self-sufficient throughout. Many clients fear becoming dependent on children, charity or the government.  This may be a significant reason that clients actually cut back on spending in retirement. Financial independence takes on even more importance when one considers that many other constraints may be imposed on their independence such as their ability to work drive or be physically mobile.</p>
<p><strong>Minimising Taxes</strong></p>
<p>An important goal common to all clients is their desire to be tax wise regarding their retirement funds. Paying the least amount of taxes on their retirement distributions investing for the best after tax yield and maximizing tax-shelter opportunities with their retirement capital are special priorities that my clients will have.</p>
<p><strong>Retiring Early</strong></p>
<p>A characteristic of modern times is that many peopl want to get out of the rat race as soon as possible. Early retirement is popular for several reasons:</p>
<ul>
<li>Health problem that client is currently facing</li>
<li>fear of future health problems<br />
(the get out now while I still can enjoy it philosophy)</li>
<li>care giving concerns due to health problems of loved ones</li>
<li>corporate downsizing</li>
<li>retirement of a spouse</li>
<li>death of a spouse</li>
</ul>
<p>If my client seeks early retirement, it is even more important to start retirement planning at a young age and to accurately estimate the retirement need. These extra precautions are necessary because the lengthened retirement period is subject to compounded increases in inflation. Furthermore the shortened pre-retirement period is subject to increased drain on current cash in order to fund the extended retirement period and for medical protection.</p>
<p><strong>Adapting to Non-economic Aspects of Retirement</strong></p>
<p>In addition to relevant economic objectives my clients will have to meet, they will also have non-economic objects such as:</p>
<ul>
<li>using leisure time more effectively</li>
<li>adapting to a nonworking environment</li>
<li>coping with deteriorating health</li>
<li>coping with care giving responsibilities</li>
<li>adapting to a fixed income relocating after retirement</li>
</ul>
<p>These and other non-economic factors also have impostant economic implications. For example, replocating after retirement can affect the overall pool of retirement assets because the sa;es of the home may provide surplus assets.</p>
<p><strong>Improving Lifestyle In Retirement</strong>Clients with the objective of improving their life-style in the retirement years are willing to make extra sacrifices prior to retirement in order to enjoy some luxuries, such as travel, during retirement. another set of planning problems is created if the person&#8217;s objective is to plan for a more costly life-style during retirement. These individuals will need extra resources in order to fulfill their dreams.</p>
<p><strong>Caring for Dependants</strong></p>
<p>Another retirement objective for some people is to have the ability to support a dependent. This typically occurs when a dependent needs frequent physical or medical care. Special and distinct planning considerations are required depending on whether the dependent is a child, sibling or parent. In addition to the normal living expenses during the dependent&#8217;s life expectancy, you must also consider whether there will be medical bills, additional living expenses, and any other financial drain on the client&#8217;s retirement income.</p>
<p><strong>Other Goals</strong></p>
<p>In additional to the general retirement goals discussed above, my client may have one or more of the following specific retirement goals:</p>
<ul>
<li>Providing for secure investments-investing assets to minimise potential losses and make the client feel secure about his investment.</li>
<li>coping with health care costs&#8211; purchasing a Major Medical expenses policy may be required to cover health care costs no covered by group health insurance, basic medical expenses insurance as well as CPF approved medical insurance schemes.</li>
<li>staying as healthy as possible &#8212; ensuring adequate funding for health clubs and other leisure activities</li>
</ul>
<p>Very often, I will find my clients&#8217; goals conflict with each other as well as with the demands and reality of their daily lifestyle. For example, a client may say that his goal is to retire early and he wants to maintain economic self sufficiency. However, based on his financial standing, he will not be able to achieve self-sufficiency if he were to retire early. In fact, if he wants to have self-sufficiency after retirement, he should retire later. Such clients will have difficulties setiing aside enough money from their current incomes to meet their retirement goals. Thus, you have a duty to help your clients set the right goals so that they are both realistic and attainable.</p>
<p>Having determined the goals, I will move on to step 2</p>
<p><strong>Step 2 &#8212; Gather Relevant Data</strong></p>
<p>In this step, I will be doing a fact find to gather more information from my client. The information which I need to obtain include:</p>
<ul>
<li>an inventory of assets and liabilities</li>
<li>annual income</li>
<li>estate planning information</li>
<li>any existing insurance coverages</li>
<li>amount of CPF saving</li>
<li>information about employer-sponsored retirements plan</li>
<li>information regarding the client&#8217;s risk tolerance</li>
<li>his current desired retirement age</li>
<li>his marital statues</li>
<li>his employment status</li>
<li>which life cycle he is in</li>
<li>any dependants</li>
<li>any health problems</li>
</ul>
<p><strong>Step 3 &#8212; Analyse The Data</strong></p>
<p>This third step requires myself to analyse the date and to quantify the needs uncovered. The data gathered earlier will enable me to determine where my client stand financially for his retirement purpose. It will also enable me to assess my client wants to be financially during retirement as well as his ability to reach his goal.</p>
<p>To compute the client&#8217;s retirement needs, I have to add up my client&#8217;s existing resources. These may include:</p>
<ul>
<li>bank deposits</li>
<li>investment</li>
<li>CPF saving</li>
<li>supplementary retirement scheme</li>
<li>endownment insurance policies</li>
<li>annuities</li>
<li>property rental income</li>
<li>reverse mortgage</li>
<li>proceeds from downgrading to a smaller residential property</li>
</ul>
<p>Once a financial inventory of possible sources of retirement income has been taken, the next step is to determine how much annual income will be needed in the first year of retirement to achieve the client&#8217;s goals.</p>
<p><strong>Step 4 &#8212; Develop A Plan</strong></p>
<p>In this step I will road map the way for my client to achieve his goals. To begin with I have to determine the type of products that can be used to fund the client&#8217;s retirement needs that I have arrived in step 3</p>
<p>When recommending products for my client&#8217;s retirement, I always bear in mind the 2 basic principle</p>
<ol>
<li>Only recommend products if my client needs them, and</li>
<li>Only recommend products which are the most suitable for my client given his circumstances.</li>
</ol>
<p>In the plan development process, I must consider how to use CPF saving , insurance policies annuities, unit trusts, shares and the net inflow/saving to maximisie the overall investment returns and meet the retirement funding need.</p>
<p>Once the plan has been developed, my next job is to present it to my client.</p>
<p><strong>Step 5 &#8212; Implement The Plan</strong></p>
<p>It is my duty to help implement every aspect of the financial plan which I have proposed and accepted by the client.</p>
<p><strong>Step 6 &#8212; Monitor The Plan</strong></p>
<p>The process of identifying and satisfying a client&#8217;s needs does not stop with the implementation of the plan. My client&#8217;s circumstances may change or there may be external developments which may affect my client. As such, it is important that I conduct an least yearly review with my client regularly.</p>
<p>&nbsp;</p>
<p><strong>CALL/SMS  97775701 or Email cj@investmentsg.com</strong></p>
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		<title>Type of Assumptions Used For Retirement Planning</title>
		<link>http://www.investmentsg.com/blog/financial-planning/retirement-planning/retirement-planning-assumptions/</link>
		<comments>http://www.investmentsg.com/blog/financial-planning/retirement-planning/retirement-planning-assumptions/#comments</comments>
		<pubDate>Fri, 04 Jul 2008 13:42:39 +0000</pubDate>
		<dc:creator>Jack Lan</dc:creator>
				<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Retirement Planning]]></category>
		<category><![CDATA[retirement assumptions]]></category>

		<guid isPermaLink="false">http://www.investmentsg.com/blog/financial-planning/retirement-planning/retirement-planning-assumptions</guid>
		<description><![CDATA[In retirement planning, there are a number of assumptions that I will  needs to take into consideration as these assumptions will have an impact on the final plan to be recommended to my clients. The assumptions can be grouped into two categories: Qualitative Assumptions &#38; Quantitative Assumptions Qualitative Assumptions Qualitative assumptions refer to the type [...]]]></description>
			<content:encoded><![CDATA[<p>In retirement planning, there are a number of assumptions that I will  needs to take into consideration as these assumptions will have an impact on the final plan to be recommended to my clients. The assumptions can be grouped into two categories: Qualitative Assumptions &amp; Quantitative Assumptions</p>
<p><strong>Qualitative Assumptions</strong></p>
<p>Qualitative assumptions refer to the type of lifestyle that a client wishes to have upon his retirement. The common assumptions include:</p>
<ul>
<li>whether to continue working</li>
<li>whether to downgrade to a smaller house or to sell the current house and rent one instead</li>
<li>whether to pursues expensive hobbies such as golf</li>
<li>whether to migrate to another country</li>
</ul>
<p>Notice that the answers to each of the above questions will affect the amount of funds required to support the client after his retirement.<strong>Quantitative Assumptions</strong></p>
<p>Quantitative assumptions are just as important and no easy to make. It is thus important that you understand their impact on the financial plan as your client may need your advice. The common quantitative assumptions include:</p>
<ul>
<li>inflation rate</li>
<li>investment rate of return</li>
<li>income tax rate</li>
<li>replacement ratio percentage</li>
<li>expected retirement age</li>
<li>years to retirement</li>
<li>life expectancy</li>
</ul>
<p><strong>Inflation Rate</strong></p>
<p>Inflation erodes the client&#8217;s purchasing power. As such, under-estimating the inflation rate will result in the client being unable to maintain economic self-sufficiency during retirement. In retirement planning, you must understand the impact of inflation on your financial plan, for example using a 4% inflation rate and compare to a 6% inflation rate, the amount of funds needed for retiremement can actually increases by 20%.</p>
<p><strong>Investment Rate Of Return</strong></p>
<p>As with inflation rate, hisotrical data should be used to estimate the annualised investment rate of return. Inflation-adjusted returns should be used and depending on the tax aspects, either before tax or after tax rates of return should be used. Therefore, you have to estimate different rates for the different asset classes. You may use an average rate for the various classes of assets if it alright with your client.</p>
<p><strong>Income Tax Rate </strong></p>
<p>Tax rates are subject to revision. Since it is impossible to predict what the tax rates will be in the future, one solution is to use your current year effective rate for both the pre-retirement and retirement years. As chargeable income is likely to decrease after one&#8217;s retirement, such a funding method will over-state the tax impact and thus provide a cushion for the you.  Alternative, you may base on the before-tax inflation adjusted returns.</p>
<p><strong>The Replacement Ration Percentage </strong></p>
<p>The replacement ratio percentage is used to determine how much my client will require on the first year of retirement. The usual estimate used is 70%  (80-85% for lower income) on their last drawn pay.</p>
<p><strong>Expected Retirement Age </strong></p>
<p>As the current statutory retirement age is 65, most people will think that they will contiune to work until they reach the official retirement age. However, circumstances may force them to retire early. For example, if my client with poor health may decide to retire earlier and this will disrupt the financial plan as the accumulation period for building up the fund for retirement is shortened.</p>
<p><strong>Years To Retirement<br />
</strong></p>
<p>This period is derived by subtracting your current age from the desired retirement age. It is the period during which the you could accumulate the necessary funds for your retirement.</p>
<p><strong> Life Expectancy</strong></p>
<p>According to the Ministry of Health&#8217;s Statistics, the life expectancy for a male is 78 years whilst that for a female is 80 years. As a rule of thumb, I wyould add another 8 years to them. Thus a man is presumed to live to age 86 whilst a woman is presumed to live to age 88, using this age to minus the desired retirement age will give the number of years that a person will live after he have retired.</p>
<p>For my clients who have poor family histories, I will base on their parents, grandparents, aunt and uncles&#8217; age death to determine how long my client will live after their retirement. This is because medical studies have shown a strong correlation between genetics and life expectancy.</p>
<p>If you are doing your own retirement planning, please take note of these assumptions as a slight change in it will affect the accuracy of your retirement planning. If you will like us to assist you in your retirement planning, feel free to contact us and arrange for an appointment. E-Mail myself at jack@investmentsg.com</p>
<p>Good Luck!</p>
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		<title>Get Corporate Travel Insurance For Your Employees</title>
		<link>http://www.investmentsg.com/blog/uncategorized/quote-business-corporate-travel-insurance-singapore/</link>
		<comments>http://www.investmentsg.com/blog/uncategorized/quote-business-corporate-travel-insurance-singapore/#comments</comments>
		<pubDate>Sun, 20 Jan 2008 03:58:56 +0000</pubDate>
		<dc:creator>Jack Lan</dc:creator>
				<category><![CDATA[Latest Updates]]></category>
		<category><![CDATA[corporate travel insurance]]></category>

		<guid isPermaLink="false">http://www.investmentsg.com/blog/co-operate-insurance/quote-business-corporate-travel-insurance-singapore</guid>
		<description><![CDATA[Get Corporate Travel Insurance For Your Employees AIG Corporate Assist-Enhanced lets you travel the world in complete freedom, knowing you have comprehensive protection &#8211; whether occasional business travelers or corporate globe-trotters, you can choose your plan from the widest range of benefits and services. What&#8217;s New * Maximum length of each business trip increased to [...]]]></description>
			<content:encoded><![CDATA[<p><a title="corpassist.jpg" href="http://www.investmentsg.com/blog/wp-content/uploads/2008/01/corpassist.jpg"><img src="http://www.investmentsg.com/blog/wp-content/uploads/2008/01/corpassist.jpg" alt="corpassist.jpg" hspace="10" vspace="10" align="right" /></a><span style="color: #000080;"><strong>Get Corporate Travel Insurance For Your Employees</strong></span></p>
<p>AIG Corporate Assist-Enhanced lets you travel the world in complete freedom, knowing you have comprehensive protection &#8211; whether occasional business travelers or corporate globe-trotters, you can choose your plan from the widest range of benefits and services.</p>
<p><strong>What&#8217;s New</strong></p>
<p>* Maximum length of each business trip<strong> increased to 120 days</strong><br />
* Covers personal deviation immediately before and after a business trip up to 45 days<br />
* Covers age up to 80 years<br />
* Automatic Extension of coverage period of up to 30 days due to Hospitalisation / Quarantine<br />
* Home Leave Extension of up to 14 days for expatriates<br />
* <span style="color: #ff0000;"><strong>Full Terrorism Coverage</strong></span><br />
* Option for leisure travel</p>
<p><strong>Countries Grouping</strong></p>
<p><strong>Regional</strong> &#8211; Australia, Bangladesh, Brunei, Cambodia, China, Hong Kong, India, Indonesia, Japan, Korea, Laos, Macau, Malaysia, Myanmar, New Zealand, Pakistan, Philippines, Sri Lanka, Taiwan, Thailand and Vietnam.</p>
<p><strong>International </strong>- All other countries not listed as Regional</p>
<p><span style="color: #000080;"><strong>Basic Coverage Include:</strong></span></p>
<ol>
<li><strong><span style="font-size: 9pt;">Medical &amp; Accidental Dental Expenses Incurred Overseas</span></strong><span style="font-size: 9pt;"><br />
Covers overseas medical expenses incurred as a result of accident or sickness whilst traveling</span></li>
<li><strong><span style="font-size: 9pt;">Return Treatment</span></strong><span style="font-size: 9pt;"><br />
Covers medical expenses incurred for treatment or follow-up treatment in Singapore or place of regular employment up to 45 days</span></li>
<li><strong><span style="font-size: 9pt;">Treatment by Traditional Chinese Medicine (TCM)</span></strong><span style="font-size: 9pt;"><br />
Covers Traditional Chinese Medicine expenses incurred whilst overseas and follow-up treatment in Singapore or place of regular employment</span></li>
<li><strong><span style="font-size: 9pt;">Hospital Confinement Benefit</span></strong><span style="font-size: 9pt;"><br />
Pays S$200 for every complete day the Insured Person is hospitalised overseas</span></li>
<li><strong><span style="font-size: 9pt;">Double Hospital Confinement Benefit in ICU</span></strong><span style="font-size: 9pt;"><br />
Pays S$400 for every complete day the Insured Person is hospitalised overseas in an Intensive Care Unit</span></li>
<li><strong><span style="font-size: 9pt;">Hospital Visitation</span></strong><span style="font-size: 9pt;"><br />
Pays incidental expenses for the visit of up to two friends or relatives if the Insured Person requires hospitalisation for more than 5 days whilst overseas</span></li>
<li><strong><span style="font-size: 9pt;">Emergency Telephone Charges</span></strong><span style="font-size: 9pt;"><br />
Reimbursement of mobile telephone charges for medical related services in contacting American International Assistance Services (AIAS)</span></li>
<li><strong><span style="font-size: 9pt;">Emergency Medical Evacuation</span></strong><span style="font-size: 9pt;"><br />
Covers all American International Assistance Services (AIAS) Emergency Medical Evacuation expenses</span></li>
<li><strong><span style="font-size: 9pt;">Repatriation Expenses</span></strong><span style="font-size: 9pt;"><br />
Covers all AIAS expenses incurred in returning the mortal remains of the Insured Person, to Singapore</span></li>
<li><strong><span style="font-size: 9pt;">Direct Repatriation Expenses</span></strong><span style="font-size: 9pt;"><br />
Covers all AIAS expenses incurred in returning the mortal remains of the Insured Person, to his/her home country</span></li>
<li><strong><span style="font-size: 9pt;">Compassionate Visit</span></strong><span style="font-size: 9pt;"><br />
Pays for the incidental expenses of sending two relatives or friends if assistance is required to assist in repatriation arrangements of the Insured Person’s mortal remains</span></li>
<li><strong><span style="font-size: 9pt;">Accidental Death &amp; Permanent Disablement</span></strong><span style="font-size: 9pt;"><br />
Covers the Insured Person in the event of Accidental Death and Disablement</span></li>
<li><strong><span style="font-size: 9pt;">Accidental Burns Benefit</span></strong><span style="font-size: 9pt;"><br />
Covers the Insured Person for serious burns in the event of an accident</span></li>
<li><strong><span style="font-size: 9pt;">Fracture Benefit</span></strong><span style="font-size: 9pt;"><br />
Pays for fractures suffered in an accident</span></li>
<li><strong><span style="font-size: 9pt;">Compassionate Death Allowance</span></strong><span style="font-size: 9pt;"><br />
Pays a lump sum allowance in the event the Insured Person suffers a loss of life due to an accident</span></li>
<li><strong><span style="font-size: 9pt;">Child Education Fund</span></strong><span style="font-size: 9pt;"><br />
Pays a lump sum education fund in the event the Insured Person suffers a loss of life due to an accident</span></li>
<li><strong><span style="font-size: 9pt;">Trip Cancellation Expenses</span></strong><span style="font-size: 9pt;"><br />
Covers loss of irredeemable travel and accommodation expenses paid in advance and occurring up to 30 days prior to departure</span></li>
<li><strong><span style="font-size: 9pt;">Trip Curtailment Expenses</span></strong><span style="font-size: 9pt;"><br />
Covers additional travel or accommodation expenses incurred or forfeited after the commencement of the Trip</span></li>
<li><strong><span style="font-size: 9pt;">Travel Delay</span></strong><span style="font-size: 9pt;"><br />
Pays S$200 for each 6 full consecutive hours of delay whilst overseas or in Singapore</span></li>
<li><strong><span style="font-size: 9pt;">Travel Misconnection</span></strong><span style="font-size: 9pt;"><br />
Covers expenses incurred as a result of misconnection scheduled conveyance for at least 6 consecutive hours</span></li>
<li><strong><span style="font-size: 9pt;">Baggage Delay</span></strong><span style="font-size: 9pt;"><br />
Pays S$200 for each full 6 consecutive hours that the Insured Person’s baggage is delayed whilst overseas or upon arrival in Singapore</span></li>
<li><strong><span style="font-size: 9pt;">Damage or Loss of Personal Baggage</span></strong><span style="font-size: 9pt;"><br />
Covers loss or damage to baggage, clothing, personal effects &amp; golfing equipment<br />
(Max. S$1000 for any one article or pair or set of article)</span></li>
<li> <strong><span style="font-size: 9pt;">Damage or Loss of Personal Portable Business Equipment</span></strong><span style="font-size: 9pt;"><br />
Covers loss or damage to Mobile phones, Laptop Computers, Personal Digital<br />
Assistants (PDAs) (Max. S$1000 for any one article or pair or set of article)</span></li>
<li><strong><span style="font-size: 9pt;">Loss of Travel Documents &amp; Money including Credit Card Fraud</span></strong><span style="font-size: 9pt;"><br />
Pays the Insured Person’s travel and hotel expenses including cost of obtaining replacement passports, travel tickets and other relevant travel documents</span></li>
<li><strong><span style="font-size: 9pt;">Hijack</span></strong><span style="font-size: 9pt;"><br />
Pays S$500 for each complete day the Insured Person is delayed due to an act of hijacking</span></li>
<li><span style="font-size: 9pt;"><strong>Staff Replacement Benefits</strong><br />
Pays the cost of sending out a replacement employee to continue the business for the original Insured Person, in the event the Insured Person is unable to continue his/her business due to a disability</span></li>
<li><span style="font-size: 9pt;"><strong>Credit Card Indemnity</strong><br />
Pays the outstanding credit bill incurred during the trip in the event the Insured Person dies during a trip</span></li>
<li><span style="font-size: 9pt;"><strong>Legal Fees</strong><br />
Pays the legal costs and expenses incurred as a result of dealing with claims for compensation against a third party causing the Insured Person&#8217;s Accidental Death or Permanent Disablement during the Overseas Trip.</span></li>
<li><span style="font-size: 9pt;"><strong>Bail Bond Facility</strong><br />
Provides assistance in arranging a bail bond if the Insured person is arrested following a road accident during a trip</span></li>
<li><span style="font-size: 9pt;"><strong>Personal Liability</strong><br />
Covers the Insured Person against liability to third parties for accidental death or injury or accidental loss or damage to their property caused by his/her negligence</span></li>
<li><span style="font-size: 9pt;">Extended to cover you against Death or Injury as a result of :-<br />
(1) Strike, Riot, Civil Commotion and Terrorism (2) Hijack, Murder and Assault (3) Drowning and Suffocation (4) Exposure and Disapperance (5) Motor-Cycling (6) Unschedule Flight (7) Accidental Miscarriage</span></li>
<li><span style="font-size: 9pt;">(1) Automatic Extension of coverage period of up to 30 days due to Hospitalisation/Quarantine<br />
(2) Home Leave Extension of up to 14 days for expatriates</span></li>
</ol>
<p>These coverages are great benefit for your employee who fly for your company, they deserve to be protected. Furthermore, by giving them these benefit it will save your company lots of money if any unfortunate incident happened, think twice!</p>
<p><a title="travel_insurance_singapore.jpg" href="http://www.investmentsg.com/blog/wp-content/uploads/2008/01/travel_insurance_singapore.jpg"><img src="http://www.investmentsg.com/blog/wp-content/uploads/2008/01/travel_insurance_singapore.jpg" alt="travel_insurance_singapore.jpg" hspace="10" vspace="10" align="left" /><img alt="" hspace="10" vspace="10" align="left" /></a>Premium rate are as cheap as $170 to $380 per annual which is just 0.47 cent per day! If your employee don&#8217;t travel as often, you can also go for the AD-HOC premium ranging from $25- $160 per trips only. As a senior consultant, I strongly recommend  your company to go for annual premium which is so much cheaper, and received 365 24/7 coverage without any worries.</p>
<p><strong>For further enquiry, please <strong>CALL/SMS  97775701 or Email cj@investmentsg.com</strong></strong></p>
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		<title>NTUC New Product Launch: VivoLife Live life to the fullest!</title>
		<link>http://www.investmentsg.com/blog/products-promotion-advertising/ntuc-vivolife-vivo-insurance/</link>
		<comments>http://www.investmentsg.com/blog/products-promotion-advertising/ntuc-vivolife-vivo-insurance/#comments</comments>
		<pubDate>Fri, 18 Jan 2008 07:11:35 +0000</pubDate>
		<dc:creator>Jack Lan</dc:creator>
				<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Insurance]]></category>
		<category><![CDATA[Products Promotion & Advertising]]></category>
		<category><![CDATA[Protection Planning]]></category>
		<category><![CDATA[ntuc insurance]]></category>
		<category><![CDATA[nutc]]></category>
		<category><![CDATA[vivo life]]></category>
		<category><![CDATA[vivolife]]></category>

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		<description><![CDATA[Just came back from NTUC Kick Start &#38; product launch seminar for all independent IFA at Vivo City. The event was held in Vivo City Golden Village Grand Cinema which can host 700 financial advisers from varies financial advisory institution. In the opening address, Mr Tan Suee Chieh the Chief Executive of NUTC address the [...]]]></description>
			<content:encoded><![CDATA[<p>Just came back from NTUC Kick Start &amp; product launch seminar for all independent IFA at Vivo City. The event was held in Vivo City Golden Village Grand Cinema which can host 700 financial advisers from varies financial advisory institution.</p>
<p><a href="http://www.investmentsg.com/blog/wp-content/uploads/2008/01/vivo1.jpg" title="vivo1.jpg"><img src="http://www.investmentsg.com/blog/wp-content/uploads/2008/01/vivo1.jpg" alt="vivo1.jpg" align="left" hspace="10" /></a>In the opening address, Mr Tan Suee Chieh the Chief Executive of NUTC address the large crowd and also presented the Corpoate results and FA results for year 2007. After taking over the appointment, Mr Tan has done massive make over to the entire organization from management to front line stuffs, customer services department, introducing new range to ground breaking products like REVO Save, an endownment saving plan, which was launch last year. Indeed under his great leadership he has successful not only bring NTUC back on track but also make revolution changes so that they achieve groundbreaking result in this year 2008.</p>
<p>An an senior financial consultant, I witness the changes in NTUC since Mr Tan Suee Chieh took over as CEO.  From better customer supports to new excellent new products.</p>
<p>Today NTUC is proud to announce their first new product of the year, promising another 3 different more throughout the entire 2008.</p>
<p>Vivolife- Live Life to the fullest!</p>
<p>This is an whole life protection plan. The policy covers death and 30 critical illness for the entire lifetime and Total and Permanent Disability TPD before age 65.These are just the common features any whole life plan will have. Being a limited whole life plan. you don&#8217;t need to pay the premium for life as you can select a fixed premium term of 10,15,20,25 years, up to age 64 at last birthday or up to age 84 at last birthday.</p>
<p>If you have done your homework, you should know the above features are no big deal. The big deal about the plan come here.</p>
<p><a href="http://www.investmentsg.com/blog/wp-content/uploads/2008/01/vivo2.jpg" title="Vivolife"><img src="http://www.investmentsg.com/blog/wp-content/uploads/2008/01/vivo2.jpg" alt="Vivolife" align="right" hspace="10" /></a><a href="http://www.income.com.sg/insurance/vivolife/index.asp" title="Vivolife" target="_blank">Vivolife by NTUC</a> is giving away 3x accidental death benefit which you can&#8217;t find in any plan in the market except UOB Maxi Life 2 which have 2x accidental death benefit. So what is 3X accidental death, if your basic sum assured is $100,000. If accidental death occurs, NTUC will pay you $300,000  plus all accumulated bonuses.</p>
<p>Not only this, Vivolife NTUC also is giving this Retrenchment Wavier  feature to all policy holder. If you are retrench by your company and go out of jobs, Vivolife will wavie your premium for 6 months. This benefit is the first in the market and you cannot find it anywhere. If you are worried about going out of job 1 day and cannot afford the premium, this is one feature that might interest you.</p>
<p>Lastly, NTUC also allow you to use your accumulated cash and turn it into an retirement aunnity with extra 5% bonus. Which mean, NTUC will lower your sum assured to your original sum assure and activate an retirement payment to you. Currently only UOB Life Maxi has similar feature.</p>
<p>So summary the new feature in Vivolife</p>
<ol>
<li>Retirement Wavier</li>
<li>Triple Accidental Death Benefit</li>
<li>Annuity Option</li>
</ol>
<p>With these new features, will Vivolife be one of the best wholelife insurance for year 2008, I guess most likely it will be as their cheap premium rates are rather hard for competitor to match and with the additional revolution new features, it is even harder now.</p>
<p>Launch date17 January 2008</p>
<p><a href="http://orgnet.income.com.sg/uiGuide/guideDetailsPublic.aspx?gde=3967" target="_blank">Promotion by NUTC</a></p>
<p>With monthly premium of $250 NTUC will be giving you $100 Shopping voucher</p>
<p>With Monthly Premium of $400 NTUC will be giving you $250 Shopping Voucher</p>
<p>With Annual Premium of $5000 NUTC will be giving you $4000 Shopping Voucher</p>
<p>Shopping Voucher can be either FairPrice or CapitalMall Vouchers. Combination of vouchers are not allowed.</p>
<p>With the above promotion NTUC is giving away, VivoLife is your choice if you are looking for protection plan or whole life plan.</p>
<p>I will be presenting more example with figures in my later post.</p>
<p>If you want a quotation for Vivolife, feel free to contact me at 9105 9260 Jack or email me at jack@investments.com or use the contact us.  Additional voucher for any Vivolife purchase from us. Get Your FREE Quote Now!</p>
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