The Financial Planning Triangle As I was learning about Financial Planning from my job as a insurance agent, I saw this triangle which I found it to be very useful for anyone who is trying to plan for their finances on their own. The base represents the most important of all, and you move on to the next part only after you have completed the one below it. Hospitalisation and Surgery The first of all is Hospitalisation and Surgery. In Singapore, this is a very crucial part of protection because we "can die but cannot sick". Although there is MediShield, medical costs are still high in Singapore, and one will do well by buying an Integrated Shield plan from a private insurer for stays in private hospitals. If I have the budget, I would add on riders so that I do not have to pay the deductible and co-insurance portion ......