Tuesday, February 28, 2017

AXA Shield Standard Plan - Your no-frills companion to MediShield Life - Call +65 9151 9924 NOW!

If you are looking for a medical insurance plan that provides additional cover on top of MediShield Life, but up to Class B1 wards in public hospitals, opt for AXA Shield Standard Plan and the complementary optional rider AXA Basic Care.

AXA Basic Care Rider
Get protected from the first dollar up.

👉 For all Shield plans in Singapore, including MediShield Life, whenever there is a claim, there is a deductible and a co-insurance component that you will have to pay for. In order to get reimbursed for these components, get protected with AXA Basic Care Rider.

*This rider is not payable by Medisave

For more information, do contact me at +65 9151 9924 for an free consultation today. 

AXA Shield Standard Plan
Provides coverage on top of MediShield Life to ensure you are better protected.

👉 Key Benefits of AXA Shield Standard Plan:
👉 Additional coverage targeted at Class B1 wards in public hospitals on top of MediShield Life coverage
👉 No maximum entry age
👉 Guaranteed renewability and lifetime cover, with an annual claim limit of S$150,000
👉 Letter of Guarantee (LOG) for hospitalisation, up to S$15,000 at public hospitals

*Payable by Medisave

MediShield Life
You are already protected by MediShield Life if you are a Singaporean or Permanent Resident.

👉 Compulsory for all Singaporeans and Permanent Residents
👉 A basic health insurance plan, administered by CPF Board, sized to provide protection against large hospital bills in Class B2/C wards all Singaporeans and Permanent Residents for life, including those with pre-existing conditions.

*Payable by Medisave

For more details on MediShield Life, please kindly refer to https://www.moh.gov.sg/content/moh_web/medishield-life.html

Find out more about our AXA Shield Standard Plan: https://shield.axa.com.sg/axa-shield-plans

I will be glad to be at your service to assist you in any of your financial planning and investment opportunities. My contact information are as follow:

Jacky Goh
Senior Financial Planner
Email: jacky.goh@axaplanner.com.sg
Mobile: +65 9151 9924

Monday, January 9, 2017

Interest Rates – Where Are We Going?

We live in a new world where some developed countries such as Switzerland and the Euro nations face negative interest rates. If I had written and submitted a paper on negative interest rates when I was an Economics student, I would have very likely received a Fail grade from my University professor. Simply because negative interest rates were unheard of and didn’t seem to ‘make any sense’ at that point of time.

But in the US, the Federal Board has moved in the opposite direction, raising the interest rates by 0.25% in December 2015. As long as the economy continues to grow and the employment rate improves, there will be more interest rate hikes to come. There’s bad news for those who have loans in Singapore, our loan rates tend to follow the US interest rates’ direction. In fact, our loan interest rates have risen since the beginning of 2015 in anticipation of the US rate hikes.

The not-so-bad news is that Singapore loan rates are expected to rise at a gradual pace in line with the US rate hikes. This is because the global economy is still in a recovery stage, especially for Japan and the European nations. For consumers or businesses that have debts, the gradual rise in rates gives them time to lower their debts downwards so as not be caught out by the higher debt costs. For those who are savers, your savings rates will likely improve over time.

Whether you are a debtor or a saver, you may be looking around the various financial institutions to refinance your loans at the lowest rates possible, or finding places to earn better returns from the current paltry bank deposit rates. We wish you all the best in managing your finances in this new period of rising interest rates.

Above article is by Ernest Low who holds an MBA from University of Liverpool and is the Head of Investment & Wealth Management with AXA Life Insurance Singapore. He has also written a money management book for kids called Starting Small Finishing Rich.

If you need any financial advise and consultation on any products from AXA, do contact me at +65 9151 9924 (Jacky Goh) for more information. I will be glad to serve you with no obligation, so that you can have a better understanding on how to manage your financial in a good way.

Wednesday, December 21, 2016

Volunteering can help you find a job and advance your career

As we approach Thanksgiving, many people are wondering how to get involved in volunteering, with good reason: Now is the perfect time to commit energy to help others, get involved with something you feel passionate about, and often meet new people.

But volunteering can bring other benefits, too—one being a great boost for your career. Here’s how volunteering can help you thrive.

You expand your personal and professional networks

People already working in your target field are great sources of information about job openings, affinity organizations, and people you should meet. And if you have a good experience volunteering, your supervisor might serve as a reference when you’re applying to jobs.

You learn new and transferable skills

Volunteering will help you develop new job skills as well as apply current skills in new ways. For example, a mid-career professional who has worked in concert promotions could use her marketing skills to help an organization with their fundraising or other mission-based events. A college student accustomed to doing research for school assignments could volunteer to research an issue or demographic for a nonprofit.

It’s an opportunity for career exploration

Volunteering allows you to try on different organizations, roles, issues, etc., without job-hopping. Of course, volunteering isn’t the same as being on staff, but it can expose you to the work of an organization in a deeper way than becoming a member, following it on Twitter, or even conducting an informational interview with an employee.