Insurance
Singlife Reduces Premiums For MINDEF & MHA Group Insurance Starting January 2023
By Consume Less Life  •  January 30, 2023
I noticed that the amount of premium I was paying for my Singlife Group Term Life and Personal Injury plan dropped significantly in January 2023 and realized that the premiums have dropped. It is strange that no announcement was made that the premiums have dropped. I don’t have the old policy documents to compare the differences between the policy wordings, if any. This article is just to record the reduction in premiums.  I also noticed that Group Term Life policy is GST exempted while the Group Personal Injury policy has GST charged but is not included in the premium listed. Disclaimer: This is not an endorsement of Singlife’s Group policies. Group Term Life Monthly Premiums From January 2023 For the same coverage, the monthly premiums for the Group Term Life dropped by 39% across the board for ages 65 and below....
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By Consume Less Life
I am glad you arrived on this blog because you are interested in consuming less. The idea of Consume Less Life was born in Singapore, 15 September 2020. The primary purpose of this blog is to attempt to encourage you to consume less. Consuming less has multiple benefits such as saving money, saving the planet and keeping your life simple.
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