Read this article. It gives some tips on selecting the appropriate Shield plan. You should avoid paying premium for an expensive cover that is not likely to be used.
More information on buying a Shield plan can be found in
Practical Guide on Financial Planning.
I read that some shield plans are "group" based, so the company can cancel based on a particular group. But they are slightly cheaper. What do you think of this type of plan ?
ReplyDeleteReply to 8:34 am
ReplyDeleteThe Group Shield plan should be all right. Make sure that the Group poilcy allows you to continue the cover on an individual basis when you leave the company.
Given Govt policy of having high number of foreigners [>25% of population], shield is portable and you can depend on it when you are retrench due to company preferring foreign workers as it is cheaper not necessary as capable as you.
ReplyDeleteWill this change after the election? It all depends. If PAP received a low 50%, they may rethink how they treated us.
Better if the winning margin is lesser than 50%.
HI,mr tan
ReplyDeletewhy I cannot open your pdf file,I have not problem opened others pdf.
it appear message"the file had damage and cannot be repair" everytime I try to open your pdf.
reply to 11:28 am
ReplyDeleteI have just checked. The PDF opens okay. Try with another PC.