Forum
Last updated: 

What are the insurances that are locally present?

The necessity of an assurance to a good future calls for me. I am a fresh graduate and I recently got a job. After having my six months in work, I feel obliged on bringing assurance to both my parents and my partner that's why I want to appky for an insurance. As a novice skeptic, I want an insurance that offers good benefits and offers huge coverage.

User comments

  • user image

    No Name

    Insurances has different categories. It is not only usable here in Singapore but it can be also used in other countries. Insurances keeps your budget safe when something happens to you. It also helps you with some expenses that are not planned a long the way that occurs to the owner of the insurance.

    2020.03.24 15:44

Please leave your knowledge and opinion!

Related Forums

Does my debt in insurance company may lead to me being sued?

Can my doctor charge me for co-pay even if I've already reached my out-of-money maximum?

An overseas worker needs his insurance abroad.

I have been fraud by the insurance company.

Gonna cost me a lot of money for my surgery

How can I assure that the insurance company is legit?

Related Reviews

Enjoy the convinence of merging debts into one account with a fixed interest rate.

Debt consolidation loans from Citibank allow you to merge debts into one account with a fixed interest rate. Citibank bundles the debt consolidation loan into the Citibank Debt Consolidation Plan. This plan also provides you with a capped revolving credit facility, to be used as a payment method for daily expenses. If you need to get your debts organised, consider a debt consolidation plan from Citibank.

Citi Debt Consolidation Plan / Citibank Singapore

Unlike its competitors, OCBC does not charge a processing fee

OCBC's debt consolidation loans charge slightly higher interest rates compared to those of other lenders in Singapore. For this reason, the bank's product is not the most affordable. On the other hand, individuals who are unable to obtain the most affordable debt consolidation loan offers could consider applying for OCBC's Debt Consolidation Plan as a backup option. Unlike its competitors, OCBC does not charge a processing fee and it does not list rates "from X%", which suggests that its rates are more transparent and accessible. Another drawback of OCBC's debt consolidation loans is that they are only offered for tenures of 3 to 8 years, which is restrictive for individuals that would prefer a longer or shorter term debt consolidation plan.

OCBC Debt Consolidation Plan / Oversea-Chinese Banking Corporation

UOB's debt consolidation plan is an effective yet expensive alternative to other plans

UOB's debt consolidation plan is best viewed as an expensive alternative to other plans because the bank advertises interest rates that are higher than those of its competitors. Borrowers that have not previously used UOB's services are however eligible for slightly better rates but it is unclear what rates these borrowers will receive in due to the vague wording on the UOB's website

UOB Debt Consolidation Plan / United Overseas Bank

Low interest rates and awesome cash rebates

Maybank's promotional interest rates for its debt consolidation loans are as low as 3.88%; EIR 6.92% making it an affordable option for borrowers that are able to obtain the bank's best rates. Additionally, Maybank is offering a cash rebate of S$388 to approve applicants. Maybank's current promotions for its debt consolidation plans make these loans a competitive option.

Maybank Debt Consolidation Plan / Maybank Singapore

Lowest debt consolidation plan interest rates in Singapore with effectivly low interest rates

CIMB advertises the lowest debt consolidation plan interest rates in Singapore, with effective interest rates as low as 7%. This is a great rate for some borrowers that are actually able to secure it; however it is difficult to assess the total cost of CIMB's debt consolidation loan compared to a loan from another bank.Additionally, because POSB, DBS and Maybank are offering cashback promotions and HSBC is offering S$100 cashback and waived processing fees, CIMB's lack of promotions and 1% processing fee make it a less appealing source for debt consolidation loans. It also offers loans with shorter durations of up to 8 years than many other DCP lenders in Singapore.

CIMB Debt Consolidation / CIMB Bank Berhad Singapore Branch

They charge a joining fee and early redemption fee

Debt consolidation loans from Standard Chartered are a part of a debt consolidation plan. The plan consists of the loan and a Platinum MasterCard. Effective interest rate of 7.70% and loan lengths can stretch from three years all the way through to ten years with regular fees for the Platinum MasterCard charged. They charge a joining fee of S$199 and S$250 for early redemption fee

Standard Chartered Debt Consolidation Plan / Standard Chartered Bank Singapore