Junior Protector for children - Hand, Foot and Mouth disease

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New plan especially for kids' protection.

- Hospital Cash cover arising from dengue fever, Hand, Foot & Mouth disease, and Food poisoning (up to $100/day)
- Transport allowance (up to $60/accident)
- Medical reimbursement (Traditional Chinese Medical Treatment included)
- Daily companion allowance arising from accidents up to $80/day
- and more, pls click here to email me for enquiries.
- Thanks!

Junior Protector

Overview
Our precious little ones mean everything to us. Which is why we do everything we can to ensure their safety and protection. At the same time, we also want the assurance that should accidents occur, we will be financially prepared to handle it.

Guaranteed Acceptance with up to $45,000 Cover for Major Permanent Disablement
Every child can be protected under Junior Protector. Acceptance is guaranteed+ for children age 1 to 16 years old, and this plan is renewable up to age 75.

+ Upon satisfaction of the terms of declaration

Hospital Cash Cover Arising from Dengue Fever, Hand, Foot and Mouth Disease, and Food Poisoning
With the increase in cases of dengue fever, hand, foot and mouth disease, and food poisoning in recent years, Junior Protector has extended the coverage to provide hospital cash cover arising from these 3 ailments.

Up to $30,000 Education Assurance Fund for added security
Upon the accidental death of the policyholder (parent), this fund helps to ensure that the child’s future education and daily expenses are well taken care of.

Unique Daily Companion Allowance Arising from Accidents
You may need to take additional leave to take care of your child in hospital at times. With this special feature, you will receive up to $80 daily to cushion the financial drawbacks of taking time off work.

Key Benefits
		Protection 24 hours a day, all year round, anywhere in the world
		Up to $30,000 lump sum payout in the event of a fatal accident
		Up to $3,000 for Reconstructive Surgery
		Covers death and total permanent disability due to terrorism
		5% Renewal Discount from the 2nd year onwards

Hand, Foot and Mouth Disease - HFMD

1. Health Promotion Board: Hand, Foot and Mouth Disease - HFMD

Hand-foot-and-mouth disease (HFMD) is caused by the Coxsackie virus and Enterovirus 71. The throat and tonsils develop small ulcers while the hands, feet, and diaper area are affected by a rash with characteristic vesicles (very small blisters). This is usually a mild illness with the rash healing in 5 to 7 days.

Symptoms

• fever
• sore throat
• ulcers in the throat, mouth and tongue
• headache
• a rash with vesicles (small blisters, 3-7 mm) on hands, feet and diaper area. The vesicles are typically on the palm side of the hands the sole side of the feet and very characteristic in appearance
• loss of appetite

Blisters on the soles of the feet.
(Photograph courtesy of KK Women's and Children's hospital)

Read more about the article here
Are you (your child) able to get any medical reimbursements? Find out more here




2. More HFMD cases reported this year
Posted: 27 March 2008 1856 hrs - Channelnewsasia

SINGAPORE: There has been an increase in the number of Hand, Foot & Mouth Disease (HFMD) cases this year.

The Health Ministry (MOH) has received 3,721 reports so far. It is alerting doctors to be vigilant and to detect new cases early for treatment.

It is also working with the Education Ministry and the Ministry of Community Development, Youth and Sports to alert schools to step up measures against HFMD.

If necessary, the Health Ministry may require the closure of pre-schools under the Infectious Diseases Act.

HFMD is spread through direct contact with respiratory droplets. This includes saliva, faeces and blister fluid of an infected person.

Symptoms include fever, mouth ulcers and rashes with blisters on the palms and soles.

Children five years old and younger are the most vulnerable.

MOH has discovered high circulation of the Enterovirus 71 among infected persons since mid-February.

The re-emergence of the virus is of concern as there could be serious health complications.

Read more about the article here
Are you (your child) able to get any medical reimbursements? Find out more here




3. ARCHIVE 2006: More dangerous strain of HFMD on the rise in Singapore
By Joanne Leow, Channel NewsAsia | Posted: 19 March 2006 1621 hrs

SINGAPORE : A more dangerous strain of hand, foot and mouth disease (HFMD) is on the rise in Singapore.

Of the over 2,000 cases reported since the beginning of this year, some 75 percent have tested positive for Enterovirus 71 (EV71).

EV71 can cause complications involving the heart and brain which can result in death.

The Health Ministry is concerned about the recent increase in HFMD cases in the region which have resulted in eight deaths in Sarawak and one death in Brunei.

There has been a sharp increase in the weekly average number of HFMD cases this year, doubling from 174 cases per week in February to 331 cases weekly in March.

But Health Minister Khaw Boon Wan says it is not the figures he is so worried about, but the EV71 strain of the disease which was associated with seven deaths here in the years 2000 and 2001.

Young children are the most susceptible with two-thirds of the cases in Singapore aged less than five years.

The disease is spread through direct contact with an infected person and indirectly through contaminated articles.

Greatlink Ideal Investor

New Investment plan from Great Eastern !!

Maximize your returns with the lowest costs.

• ZERO policy fees
• ZERO Insurance charges
• ZERO Surrender charges
• ZERO fund Switching - free & unlimited

This is a pure investment plan - acceptance is guaranteed!


Provides Free Accidental death coverage


Your wide choices:

• 28 ILP funds
• multi-manager approach
• multi-style strategies
• funds available spread across different assets/classes/themes/sector/regions
• auto-rebalancing features for Lifestyles Portfolio*
• pls check with me for more info. Thanks. -Email me for info
  

Funds available:

• GreatLink Cash Fund
• GreatLink ASEAN Growth Fund
• GreatLink Enhancer Fund
• GreatLink Global Supreme Fund
• GreatLink Pan Asia Fund
• GreatLink European Equity Fund
• GreatLink Global Equity Fund
• GreatLink Global Optimum Fund
• GreatLink Global Technology Fund
• GreatLink Global Growth Trend Portfolio
• GreatLink Global Bond Fund
• GreatLink Global Value Equity Fund
• GreatLink Far East Ex Japan Equities Fund
• GreatLink Singapore Equities Fund
• GreatLink Global Intersection Fund
• GreatLink Stable Bond Fund
• GreatLink LifeStyle Secure Portfolio
• GreatLink LifeStyle Steady Portfolio
• GreatLink LifeStyle Balanced Portfolio
• GreatLink LifeStyle Progressive Portfolio
• GreatLink LifeStyle Dynamic Portfolio
• GreatLink Real Estate Securities Fund
• GreatLink Lion Japan Growth Fund
• GreatLink Lion China Growth Fund
• GreatLink Lion India Fund
• GreatLink Lion Global Flexi Fund**
• GreatLink Lion Asian Balanced Fund
• GreatLink Lion Vietnam Fund**

For funds report , pls visit our website at : http://www.lifeisgreat.com.sg/en/jsp/products/products/investment/fundreport.jsp



**Cash or SRS only

Great Eastern Declares Special Bonus - Coincides 100 year

MEDIA RELEASE
For Immediate Release

Great Eastern Declares Special Bonus of
$287 Million for 2007
This One-Off Special Bonus Coincides with
the Company’s 100th Anniversary

Singapore, 19 February 2008: Great Eastern is pleased to announce that its insurance subsidiaries, Great Eastern Life Assurance Co Ltd and Overseas Assurance Corporation Ltd, will give a One-Off Special Bonus for the year 2007.

This One-Off Special Bonus will be given to Participating Regular Premium Whole Life and Endowment Policies bought on or before 31 December 2006. It will be given in addition to the usual annual Reversionary and Cash bonuses declared for Participating life policies.

The bonus amount ranges from 25% to 100% of the usual annual Reversionary bonus or Cash bonus for Whole Life policies and from 25% to 50% for Endowment policies. It will be distributed from April to August 2008.

This Special Bonus for the two companies in Singapore amounts to $287.4 million.

The rates for the 2007 annual Reversionary, Cash and Terminal bonuses remain the same as 2006. These annual bonuses payable for 2007 (excluding the Special Bonus) amount to $799.1 million, comprising $593.7 million for regular bonuses and $205.4 million for Terminal bonuses. The combined bonus payout, inclusive of the Special Bonus, will amount to $1.09 billion.

The payment of this One-Off Special Bonus is in line with our commitment to give the best value to our customers. The strong investment returns of the Participating Funds in recent years have contributed to a stronger surplus position for the Participating Funds. Part of this surplus will therefore be distributed back to policyholders in the form of this One-Off Special Bonus.

This is the second time that Great Eastern has declared a special additional bonus, over and above the usual annual Reversionary bonus and Cash bonuses declared for Participating life policies. For the year 2004, Great Eastern Life gave a Special Bonus to all Participating Regular Premium Whole Life and Endowment Policies bought before 2002, as a result of higher investment income from the sale of OCBC Bank shares under the Selective Capital Reduction exercise by the Bank. That Special Bonus amounted to $214.8 million and cost $110.5 million.

Director & Group CEO, Tan Beng Lee, said, “Great Eastern is very pleased that it is able to celebrate its 100th anniversary with our loyal policyholders with this Special Bonus. In 2007, Great Eastern reached and even exceeded its 2008 PAT goal of $500 million. Our Profit After Tax was $546.9 million for 2007, about 9% higher than our target of $500 million for 2008.

We will continue to provide the best possible returns to our policyholders and to pursue service excellence to meet rising customer expectations.”

Great Eastern FY profit up 15% to record S$547m

Great Eastern FY profit up 15% to record S$547m
By Loh Kim Chin, Channel NewsAsia | Posted: 19 February 2008 2032 hrs

SINGAPORE : Insurer Great Eastern Holdings said its full year profit rose 15 percent to a record S$547 million, but its fourth quarter earnings fell 18 percent due to the lack of a one-off gain.

For the three months to December, Great Eastern earned S$145 million.

With the record performance, Great Eastern is giving a one-off special bonus for 2007 to its policy holders. This will apply to premium whole life and endowment policies bought on or before December 31 last year.

In Singapore, the special bonus amounts to some S$287 million.

The combined bonus payout, including the annual bonuses of S$799 million for 2007, will amount to nearly S$1.1 billion for the whole year.

Great Eastern reported an 11 percent rise in gross premiums totalling nearly S$6 billion in 2007. But it took a S$44 million charge on its portfolio of collateralised debt obligations.

Profit from insurance operations jumped 33 percent to S$537 million. - CNA /ls



please click here to continue reading on the Media Release

Golden Protector - for individuals above age 40

	Golden Protector Overview It’s a yearly renewable Personal Accident Plan specially designed for those between 40 to 75 years of age*. It safeguards your family with up to $55,000 in a lump sum payment in the event of a fatal accident. It also provides disability payments and coverage of medical treatment including traditional Chinese treatments. All this from just $13.30*** a month.
	Key Benefits
		Guaranteed acceptance with no medical checkup required. And you can renew your policy up to the age of 85**.
		Up to $55,000 lump sum payment in the event of a fatal accident.
		Lump sum payment of up to $45,000 for loss of ability to perform any 3 Activities of Daily Living (washing, dressing, feeding, toileting, mobility and transferring) following an accidental injury
		Up to $25,000 cash payout to help you receive the best medical treatment
		Accidental medical reimbursement of up to $1,200 per accident, inclusive of reimbursement of up to $600 each year for expenses incurred at registered Chinese medicine physicians
		Daily cash benefit of up to $120 (for up to a maximum of 365 days) should you require hospitalisation due to an accident.
		24-Hour worldwide protection that also covers terrorism
		Affordable premiums from just $13.30*** a month, with a 25% discount on your spouse’s premium when you sign up for him/her as well.
	* All ages stipulated above refer to age at next birthday ** Benefits payable will be reduced by 50% for renewals on or above age of 81 years. *** Premiums exclude GST.

Medical reimbursement can be made for registered TCM (Traditional Chinese Medicine) too. For information, please email me here. I will add more information online when possible. Thanks!

Extended Care Hospitals / Community Hospitals

Extended Care Hospitals

• Adam Road Hospital

Adam Road Medical Centre
559 Bukit Timah Road, #01-02 King's Arcade Singapore 269695
Tel: (65) 6466 7777 (4 lines)
Fax: (65) 6467 0254

Adam Road Hospital
19 Adam Road, Singapore 289891
Tel: (65) 6466 0840 (4 lines)
Fax: (65) 6467 7164

• Kwong Wai Shiu Hospital

General Office

705, Serangoon Road, Singapore 328127 Mon - Fri: 9 am - 5 pm Sat: 9 am - 1 pm Tel: 6299 3747 Fax: 6299 2406 Management Office Email: wangxy@kwsh.org.sg

Volunteerism Department Individual/Organziations Tel: 6294 6603 Fax: 6299 2406 Email: soongk@kwsh.org.sg Schools/Clans Tel: 6294 6603 Fax: 6299 2406 Email: thedmd@kwsh.org.sg Fund Raising Department Tel: 6297 6250 Fax: 6295 8131 Email: cheonglw@kwsh.org.sg Medical Social Work Department (Admission Enquiries) Hospital Section Tel: 6294 1189 Fax: 6299 1154 Email: loocl@kwsh.org.sg Nursing Home Section Tel: 6299 1189 Fax: 6299 1154 Email: loocl@kwsh.org.sg Out-patient Department Tel: 6294 7509 Fax: 6294 7509 Email: limcy@kwsh.org.sg Day Rehabilitation Centre (DRC) Tel: 6396 5601 Traditional Chinese Medicine (TCM) Centre Tel: 6341 7635

• Ren Ci Hospital

Hougang
Blk 9, Level 1, 10 Buangkok View
Singapore 539747
Tel: 6385 0288
Fax: 6385 0388

Moulmein
50 Jalan Tan Tock Seng
Singapore 308438
Tel: 6358 0777
Fax: 6358 0900

• St Andrew's Community Hospital

St. Andrew's Mission Hospital

(Level 3, St. Andrew's Community Hospital)

8 Simei Street 3
Singapore 529895
Tel: (65) 6586 1086
Fax: (65) 6586 1096
e-mail : samh@samh.org.sg

St. Andrew's Community Hospital

8 Simei Street 3
Singapore 529895
Tel: (65) 6586 1000
Fax: (65) 6586 1100
e-mail: general@sach.org.sg

St. Andrew's Autism Centre

8 Simei Street 3, Level 10
Singapore 529895
Tel: (65) 6586 1001
Fax: (65) 6586 1101
e-mail: enquiry@saac.org.sg

St. Andrew’s Autism Centre – Day Activity Centre

Blk 33, Bedok South Avenue 2, #01-319
Singapore 460033
Tel: (65) 6441 9575
Fax: (65) 6441 9675

St. Andrew's Lifestreams

1 Francis Thomas Drive, #02-05/07
Singapore 359340
Tel: (65) 6282 1552
Fax: (65) 6282 5132
e-mail: admin@lifestreams.org.sg

• St Luke's Hospital for the Elderly

St Luke’s Hospital
2 Bukit Batok Street 11
Singapore 659674
Tel: 6563 2281
Fax: 6561 8205
Email: general@slh.org.sg

New motor insurance policy framework to be introduced in May 2008

Below is an article from Channel NewsAsia, there will be changes coming this May 2008. Drivers please take note. I have highlight the important parts in red and italics. Premiums are also expected to go up soon due to insurance losses :/

For drivers who will be renewing their car insurances, feel free to check with me for an alternative quote.

New motor insurance policy framework to be introduced in May
By Wong Siew Ying, Channel NewsAsia | Posted: 26 March 2008 1936 hrs

SINGAPORE: The motor insurance sector has reported a hefty loss of S$103.2 million last year, up from just S$625,000 in 2006.

This "disastrous result" has prompted the General Insurance Association (GIA) to change the motor claims insurance framework.

From May, motorists are required to report accidents to their insurance companies within 24 hours or by the next working day. This is a change from the current requirement of reporting within a "reasonable time", which is open to interpretation.

The GIA said compulsory reporting will leave less room for disputes, especially when a motorist chooses not to report the accident but the other party involved decides to file for claims at a later date.

Derek Teo, President of GIA, said: "If the motorist or policyholder fails to comply then it will be tantamount to a breach in policy conditions. When the policy condition is breached, then the policy holder is put to a disadvantage. He may find that the insurer may not want to honour the liability.

"The motorists can now go to their insurer to file a claim, and if they are not responsible for the damage themselves and they can attribute the claim to a third party, their insurer will file the claim on their behalf. Currently, this is not done."

Insurance companies will offer one-stop service from filing of claims to providing a replacement car when the damaged vehicle is being repaired at approved workshops.

GIA said each insurance company will have a list of approved workshops which meet the required service and technical standards.

"In the longer term, we will be able to build up credibility and those workshops that receive more than three complaints for poor service or unscrupulous practices may be taken off," Mr Teo said.

It is hoped that such efforts will help expedite the claiming process and reduce losses from inflated claims.

Gross insurance premiums in Singapore's general insurance sector rose 8.38 percent last year to about S$2.5 billion, but it was overshadowed by the significant underwriting loss in the business, causing profits to slump by 25 percent year on year in 2007.

The S$103.2 million deficit incurred last year was the worst for the sector since 2002. This coincided with a sharp rise in accident reports – from 129,428 in 2006 to 151,583 cases last year.

The association said there are several reasons for the spike in accident reports. Among them is an increase in the vehicle population to an all-time high of over 850,000 vehicles last year – an 8 percent climb from 2006.

Other reasons cited were greater vehicle usage and a larger number of foreigners who may be unfamiliar with the roads in Singapore.

Asked if this will translate to higher premiums for motorists, the association said premiums are expected to go up but the quantum will be decided by the companies.

On average, claims take up about 85 percent of the motor insurance premiums.

"For this to become a sustainable position, I think we are looking at an overall loss ratio of about 75 percent, which means for every dollar premium they pay, we will pay out 75 cents in claims, leaving the 25 percent for expenses incurred in delivering the product," said Mr Teo.

In other areas, GIA said Workmen's Compensation cover cut its losses by nearly half from S$13.7 million in 2006 to S$7.8 million last year.

However, the new Work Injury Compensation Act (WICA) that will be implemented this April will have some impact on the market.

The WICA Bill will expand the coverage for all employees, including non-manual employees who earn more than S$1,600 per month.

Mr Teo said: "It's likely to attract a 35 percent increase in claims cost – this is the result of a research that was done by an NTU research team for the association. With such information, it's clear that there will be increases in premiums to cope with the rising claims cost."

Overall, the association expects other business classes like personal accident, fire, and marine cargo and hull covers to continue to do well this year.


- CNA/so

General Insurance - Travel, Maid, Home, Car

For General Insurance, related to:

1. Maid Insurance
2. Car Insurance
3. Home Insurance (coverage for house items)
4. Travel Insurance

Please email me here for a free quotation or information.

Singapore Public and Private Hospitals Locations and Info

Public Hospitals

Alexendra Hospital
http://www.alexhosp.com.sg/

Changi General Hospital
http://www.cgh.com.sg/

KK Women's and Children's Hospital
http://www.kkh.com.sg/

National University Hospital
http://www.nuh.com.sg

Singapore General Hospital
http://www.sgh.com.sg

Tan Tock Seng Hospital
http://www.ttsh.com.sg

Private Hospitals

East Shore Hospital
http://www.eastshore.com.sg

Gleneagles Hospital
http://www.gleneagles.com.sg

Mount Elizabeth Hospital
http://www.mountelizabeth.com.sg

Mount Alvernia Hospital
http://www.mtalvernia-hospital.org

Raffles Hospital
http://www.raffleshospital.com

Thomson Medical Centre
http://www.thomsonmedical.com

PS: I will add in the hospital locations when I have the time :)

Polyclinics in Singapore

POLYCLINICS IN SINGAPORE

Ang Mo Kio Polyclinic Blk 723 Ang Mo Kio Avenue 8 #01-4136 Singapore 560723 Tel: 64582116	Bedok Polyclinic Blk 212 Bedok North Street 1 #03-147 Singapore 460212 Tel: 62436740
Bukit Batok Polyclinic 50 Bukit Batok West Avenue 3 Singapore 659164 Tel: 65603400	Bukit Merah Polyclinic Blk 163 Bukit Merah Central #04-3565 Singapore 150163 Tel: 62713911
Choa Chu Kang Polyclinic 2 Teck Whye Crescent Singapore 688846 Tel: 67659641	Clementi Polyclinic Blk 451 Clementi Avenue 3 #02-307 Singapore 120451 Tel: 67775051
Geylang Polyclinic 21 Geylang East Central Singapore 389707 Tel: 68422440	Hougang Polyclinic 89 Hougang Avenue 4 Singapore 538829 Tel: 63862377
Jurong Polyclinic 190 Jurong East Avenue 1 Singapore 609788 Tel: 65623011	Marine Parade Polyclinic Blk 80 Marine Parade #01-792 Singapore 440080 Tel: 63450049
Outram Polyclinic No.3 Second Hospital Avenue Singapore 168937 Tel: 64353980	Pasir Ris Polyclinic 1 Pasir Ris Drive 4 #01-11 Singapore 519457 Tel: 65855390
Queenstown Polyclinic Margaret Drive Singapore 149692 Tel: 64719530	Sengkang Polyclinic 2 Sengkang Square #01-06 Sengkang Community Hub Singapore 545025 Tel: 63153500
Tampines Polyclinic 1 Tampines Street 41 Singapore 529203 Tel: 67864070	Toa Payoh Polyclinic Blk 2003 Lorong 8 Toa Payoh Singapore 319260 Tel: 62596833
Woodlands Polyclinic 10 Woodlands Street 31 Singapore 738579 Tel: 63677880	Yishun Polyclinic 100, Yishun Central Singapore 768826 Tel: 67577790

24 Hours Clinics

24 Hours Clinics

Please let me know if any of the clinic details are wrong or missing, so that I can update for everyone reference :)

Care 24-Hr Medical Centre 190 Toa Payoh Central #01-590 Singapore 310190 Tel : 6356-3633 Fax : 6356-2622	Cck 24-Hr Family Clinic 304 Choa Chu Kang Ave 4 #01-653 Singapore 680304 Tel : 6891-0338 Fax : 6891-0983
Central Clinic & Surgery 25 Bendemeer Rd #01-579 Singapore 330025 Tel : 6298-4545	Centramed International Pte Ltd 681 Hougang Ave 8 #01-831 Singapore 530681 Tel : 6387-6787 Fax : 6385-8716
General Outpatient Clinic Pte Ltd 17 Ang Mo Kio Avenue 9 #02-07/08 ANG MO KIO COMMUNITY HOSPITAL Singapore 569766 Tel : 6459-2385 Fax : 6459-2687	Grace Polyclinic (East Coast) 24HR 132/134 East Coast Road Singapore 428817 Tel : 6447-0400 Fax : 6447-3556
Horizon Medical Centre 200 Up Thomson Rd #01-11 Singapore 574424 Tel : 6250-2692	Lifeline Medical Group Sengkang Pte Ltd 501 Bishan St 11 #01-376 Singapore 570501 Tel : 6259-8969
Life-Link 24 Hours Clinic & Surgery 153 Serangoon North Avenue 1 #01-534 Singapore 550153 Tel : 6281-3977 Fax : 6383-0538	Lifelink 24Hrs Clinic & Surgery 153 Serangoon Nth Ave 1 #01-534 Singapore 550153 Tel : 6281-3977
Lifelink Clinic & Surgery 446 Pasir Ris Dr 6 #01-120 Singapore 510446 Tel : 6583-4402	Medihealth Bishan 24 Hours Clinic & Surgery 121 Bishan St 12 #01-95 Singapore 570121 Tel : 6258-3212
Raffles Hospital Pte Ltd 585 NORTH BRIDGE ROAD Singapore 188770 Tel : 6311-1111 Fax : 6311-2390	River Of Life 24H Family Clinic 12 Woodlands Road Singapore 677907 Tel : 6760-0501 Fax : 6764-5683
Shenton Family Medical Clinics (24HR) 372 Bukit Batok Street 31 #01-378 Singapore 650372 Tel : 6566-5671 Fax : 6385-2218	Silver Cross 21 Pte Ltd 2 Chun Tin Rd Singapore 599589 Tel : 6875-1191 Fax : 6875-1911
Silver Cross Healthcare Pte Ltd 923 Yishun Central 1 #01-352 Singapore 760923 Tel : 6759-9181 Fax : 6758-3731	Silver Cross Medical Centre Pte Ltd 275A Holland Ave Singapore 278993 Tel : 6462-2818 Fax : 6469-4730
Silver Cross North Pte Ltd 302 Woodlands St 31 #01-297 Singapore 730302 Tel : 6363-3646 Fax : 6363-3349	Tampines 24-Hr Family Clinic 201D Tampines St 21 #01-1151 Singapore 524201 Tel : 6786-7228 Fax : 6786-7229
The Healer Medical Practices Pte Ltd 153 Serangoon Nth Ave 1 #01-508 Singapore 550153 Tel : 6285-9866	Thomson Medical Centpte Ltd 1 Thomson Rd #04-338G Singapore 300001 Tel : 6352-8390 Fax : 6254-5268
YSL Bedok Clinic & Surgery 539 Bedok North Street 3 #01-631 Singapore 460539 Tel : 6245-2684 Fax : 6245-0043

Varsity fees go up - Education costs in Singapore

University Schools fees will be increasing again. Just a 4 years (esp. Engineering, computing at NTU) can cost about $25,500 for fees alone. If you include hostel fees, food and transport, that figure may be well over $50,000.

Varsity fees go up but cost fixed for entire course of studies
By Hoe Yeen Ni, Channel NewsAsia - 13 Feb, 2008

SINGAPORE: All three public universities in Singapore will raise the tuition fees for the new intakes of students starting school in the next academic year.

Existing students and returning National Servicemen admitted earlier will not be affected by the fee increase.

For Nanyang Technological University (NTU), the fee hike is about 4 per cent. This means that incoming students at NTU will pay an annual fee of S$6,360, up from S$6,100 last year.

Most of the schools in National University of Singapore (NUS) will also limit the fee increase to about 4%. However, the Law and Business faculties at NUS will raise their fees by a higher amount.

On top of the fee hike, NUS and NTU will also implement differentiated pricing, where Singapore PRs pay 10 per cent more in tuition fees. International students will pay 50 per cent more compared to their Singaporean counterparts.

The two universities have also decided to implement a new fee structure called the "cohort-based" structure that is currently in place at the Singapore Management University (SMU).

This means tuition fees for all new undergraduates will be 'locked in' for their entire duration of studies. So for those entering NUS and NTU, they will pay a fixed amount of S$6,360 each year till they graduate.

For NUS, this applies to those in the Arts and Social Sciences, Computing, Design and Environment, Engineering and Science faculties. Fees for the other faculties will be higher.

Explaining the advantage of the "cohort-based" fee structure, Professor Dr Meng-Hwa Er, NTU's Associate Provost, said: "They (students) know exactly what to expect in terms of financial needs, so they can make the necessary arrangements for their university education."

"It definitely gives more predictability, and you're not caught unawares as to when fees will increase," said Donald Koh, president of NUS Students' Union.

For SMU courses, except for the law course, the cost is fixed at S$9,130. That's 10 percent more than what the previous cohort has to pay.

Fees for law students will be higher. At SMU, the jump is over 11 per cent, to S$10,050 for Singapore students. At NUS, it is 20 percent higher, at S$7,340.

Other than the increase in tuition fees, the hostel fees at NUS will also be raised by between S$10 and S$40 per week over the next three years.

NUS says this is because current fees are not enough to cover maintenance and upgrading costs.

The hike has caused some students to reconsider their options. "I think it's very expensive, I think it's not worth it. I'll probably take a cab to school instead of staying in a hostel," said a student.

Both NUS and NTU say the fee hikes are necessary to meet the increase in manpower and operating costs in order to continue providing a quality education.

NUS Provost and deputy president, Tan Eng Chye, said that the fee increase was delayed from last year due to the GST hike, but it could not be held off any longer.

He said: "70 per cent of our budget goes to salaries. Look at what the salary increase has been in the industry, 4 per cent and 5 per cent. The increase that we are looking for, it's quite clear that the fees only give us a small bit in terms of the increase.

"People would want to see their salary increase, so I think the same thing I would say is if you expect salary increase for yourself, you should also expect the university has to function, I have to give salary increase for my staff as well. So it's not unusual to expect a fee increase."

All the three universities have assured that needy students will not be denied a place as there will be enhanced financial aid packages to help them cope. - CNA/ir

Application for Personal Accident Plan - AccCare Plus II

Application for Personal Accident Plan

1. Please send your enquiry/questions to melvin.lkw@gmail.com

Please include the following details:

1. Your desired coverage, and specific requirements (e.g. daily hospitalisation allowance, max is $300). Feel free to check with me if you are not sure.
2. Name, Mr/Ms/Mrs/Mdm/Doc
3. Company/Occupation
4. Contact details

All information will be kept and dealt in strict confidence.

Personal Accident Plan - AccCare Plus II

Personal Accident (PA) plans maybe overlooked during financial planning. Although Personal Accident plans form a small portion of the entire risk management portfolio, it is recommended to be included, as it's coverage includes total and partial disability. Normal insurance plans only provides coverage for TPD (Total Permanent Disability)

AccidentCare Plus II also covers hazardous activities/sports
Mishaps that occur during hazardous activities like mountaineering, scuba-diving, parachuting, martial arts, motorcycling or military or policy service of a peace-time nature, are eligible for claims at up to 50% of the state benefit payment. ** However, no benefits will be payable if losses occurred while engaging the activities in a professional capacity

Below is a brief intro of the Personal Accident Plan

AccidentCare Plus II

Overview
Protect yourself and your family from the financial burden of a sudden accident with Great Eastern Life’s yearly renewable personal accident insurance policy, AccidentCare Plus II.

This flexible policy allows you to tailor your coverage and premiums according to your budget and needs, and also provides 20% more coverage exclusively for women.

AccidentCare Plus II is available to anyone between the ages of 17 and 65, as well as to your children between the ages of 1 and 16.

Key-Benefits
		The freedom to mix and match the types of benefits and level of coverage
		Substantial payouts of up to 150% of the Capital Sum Insured for major permanent disablement depending on severity of loss
		Weekly disability benefit for up to 104 weeks if you’re unable to work
		Medical and hospitalisation benefits including daily hospital cash benefits for up to 180 days
		24-hour worldwide protection
		Terrorism coverage for death and total & permanent disablement.
		20% more coverage for death, permanent disablement and hospitalisation benefit at no extra cost for women

The premium you pay depends on the Occupational Class you fall under:

Class I Persons engaged in professional, managerial, administrative, clerical and non-manual occupations in general Class II Persons engaged in work of a supervisory nature and others not in Class I whose duties do not involve use of tools and machinery or are exposed to special hazards. Persons engaged in work involving substantial amount of traveling, e.g. salesmen. Class III Persons engaged in manual work not of particularly hazardous nature but involving the use of tools and machinery. Class IV Persons engaged in manual work involving the use of tools and machinery of a hazardous nature, e.g. welders. Note: This classification is for reference only. The exact Occupational Class will be determined by the Company.

For free quotation, please fill up the coverage required using the form below, and fax to me at 6417-5522, Attention to "Melvin Lim" please. Thanks. I will revert to your request asap.

NTUC Incomeshield - Client anguish

Click picture to enlarge it:

Article extracted from Strait Times, Forum section - March 12, 2008

Global Advantage - Having the best doctors & healthcare in the world

Global Advantage Plan

Overview
When it comes to maximising your chances of recovering from a medical condition, you need to gain access to the best medical practitioners, treatments and advice- not just locally but globally. With Global Advantage, the best advice and treatments in the world are just a phone call away.

Key-Benefits*
		2nd opinion service by world’s top ranking doctors including diagnosis review and recommendation of treatment options.
		Hassle free arrangement that takes care of your medical appointments, hospital admission and accommodation.
		Up to $2 million annual benefit limit for overseas hospital and treatment expenses reimbursement on the 5 covered treatments.
		$5,000 travel allowance.
		$5,000 lump sum Get Well Benefit should you choose not to go overseas for treatment.
		Affordable premium that gives you access to the best doctors and treatment worldwide.
	*Terms and conditions apply

Click on picture below to enlarge the Benefit Table

For brochures, quotations or questions, please click here to send email