Learn about insurance
Guides and explainers from our verified advisors. Understand what you're buying — then ask our assistant about specific products.
Enrich flex plus explained: benefits, limits and the fine print
Etiqa's Enrich flex plus is a savings endowment that can keep running after the first life insured dies. Here is how the guaranteed and illustrated returns actually split.
Ben Ong
Capital-guaranteed plans: what "guaranteed" covers and what it does not
Savings plans that call themselves capital-guaranteed usually guarantee only part of the number on the brochure. Here is how to tell the guaranteed portion from the projection.
Ben
What happens to a savings plan if you stop paying halfway
Missing a premium on an endowment or whole life plan does not always mean losing everything. Here is what a grace period, a paid-up value and a lapse each actually do to your policy.
Priya
Supplementary Retirement Scheme (SRS) and insurance products you can buy with it
SRS gives a tax deduction today in exchange for locking money up until retirement. Some insurance products accept SRS funds as premium. Here is how the scheme works and what to check before using it to buy a policy.
Ben
Universal life for high-net-worth planning: how it differs from whole life
Universal life and whole life both build cash value and pay a death benefit, but they distribute risk and flexibility very differently. Here is what separates them and who each tends to suit.
Priya
Illustrated returns of 3% and 4.25%: what the industry caps mean
Every participating policy illustration you see uses two capped return scenarios, not a forecast. Here is what the 3% and 4.25% figures actually represent.
Ben
Participating fund performance: how to read the insurer's annual bonus update
Once a year, insurers tell participating policyholders how the fund performed and what that means for bonuses. Here is what the letter actually says and does not say.
Priya
Single-premium vs regular-premium savings plans
One savings plan asks for your money upfront, the other spreads it over years. The choice affects liquidity, how bonuses build and how much discipline the plan demands of you.
Ben
Education endowment for children: timing the maturity to university fees
An education endowment only does its job if the money arrives in the year the fees do. Here is how to set the term, read the guaranteed and non-guaranteed figures, and avoid the surrender trap.
Priya
CPF LIFE vs private annuities: what a retirement plan adds on top
CPF LIFE already gives every Singaporean a lifelong monthly payout. Here is what a private annuity or endowment plan can genuinely add, and where it just duplicates what you already have.
Ben
Retirement income plans: turning a lump sum into a monthly payout
CPF LIFE is only one layer of retirement income. Here is how private annuities and retirement income plans convert savings into a monthly payout, and what to check before buying one.
Priya
Short-term endowment plans: how they compare with fixed deposits and T-bills
Short-term endowments, fixed deposits and Singapore T-bills all promise to grow a lump sum safely. They work in different ways and are not interchangeable. Here is what to weigh up.
Ben
Endowment plans explained: guaranteed and non-guaranteed maturity values
The number an endowment illustration shows you at maturity is usually two numbers wearing one coat. Here is how to tell what is promised from what depends on markets.
Priya
Gro Saver Flex Pro explained: benefits, limits and the fine print
Income Insurance's Gro Saver Flex Pro is a guaranteed-acceptance endowment with capital protection on yearly-paid policies. Here is what that guarantee actually covers.
Priya
Gro Cash Flex Pro explained: benefits, limits and the fine print
Income Insurance's Gro Cash Flex Pro pays a yearly cash benefit from the second policy year. Here is what the product page promises and what the policy contract governs.
Ben
Gro Retire Flex Pro II explained: benefits, limits and the fine print
Income Insurance's Gro Retire Flex Pro II pays a monthly retirement income with a guaranteed floor and a non-guaranteed bonus on top. Here is what is actually locked in.
Priya