Comparing Travel Insurance Plans

Chubb with DBS MSIG Cost for 23 days travel (Worldwide) – Individual, Single Trip $250 $278 Covid 19 Cover Chubb with DBS MSIG Overseas Medical Expenses $200,000 $250,000 Overseas Hospital Confinement $100 per day; Max $1,400 $100 per day; Max $1,400 Quarantine Benefit $100 per day; Max $1,400 $700 Emergency Evacuation & Repatriation $200,000 $1,000,000…

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Clarifying CPF for Retirees

Historical CPF Interest Rates CPF was set up on 1 July 1955. Since its inception, interest rates on CPF funds have fluctuated. See below a snapshot of CPF interest rates from 1996 to 1999. You will see that interest rates peaked in 1H 1999 but since then has been constant at 2.5%pa. The reduction in…

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What are T Bills and SSBs?

What are T – Bills & SSB? Typically bonds and other debt instruments bear credit risks of the issuer. However, Treasury bills (“T-bills”) and Singapore Savings Bonds (“SSB”)  have the backing of the Singapore government and have AAA credit rating. This makes them good low risk investments with relatively decent liquidity. Investors can apply to…

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