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My Insurance Review (2020)
By Jeffrey Lee's Personal Finance Blog  •  September 30, 2020
A review on my personal insurance coverage. In case you haven't heard about it, Critical Illness (CI) definition are changing in Singapore soon. According to the Life Insurance Association Singapore (LIA), the main insurance association representing the local insurance scene, these new CI definitions are set to take effect on 26th August 2020 (in about 3 weeks time). What this means is that from 26th August 2020 onwards, all insurers in Singapore would have to adopt the new Critical Illness (CI) Framework 2019 as set out by LIA Singapore, replacing the current CI framework adopted in 2014. I won't be going into the details of the new CI framework and its implications, but if you are interested, Seedly has written a ,nice article for the ordinary individual to understand more about these changes and how you might be affected by the new CI definitions. In general though, there...
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By Jeffrey Lee's Personal Finance Blog
Hello there! I am Jeffrey and thanks for dropping by! This blog is a special project of mine and it is a place for me to pen down my thoughts and to share it with everyone, with a particular focus on documenting down my journey to attain financial independence before reaching the age of 40.
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