Better conduct in insurance sales in Singapore is for long-term protection

Quick Summary:

SINGAPORE: Whatever they are called – insurance agents, financial advisers, brokers and even banks – all play the role of a middleman.

What soon came in mid-October was the announcement that MediShield Life claim limits and premiums would rise from April 2025, as a result of rising healthcare costs.

In mid-July, Health Minister Ong Ye Kung said the national scheme is designed to cover nine in 10 subsidised public hospital bills, with very little or no out-of-pocket payment by the patient.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaSingapore

Topics: Trust Plan Insurance Consumers’ Products Middlemen Singapore Sell Consumers Financial Life

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-26 @ 00:00:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 540 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23862640

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 50 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 43 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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