As part of their postgraduate requirements and final year MSc. Project, MAVI Care Services worked closely with four National University of Singapore (NUS) students on the topic of “Go-to-market Strategy for the Introduction of Income Insurance Tailored Specifically for the Younger Generation”.
The Singapore insurance sector is predicted to expand by 5.6% in 2024, primarily driven by an increase in demand for health insurance following the pandemic. What are the changes and challenges facing this sector that the majority of us are dependent on in our lifetime?
In the wake of COVID and financial pressure from increasing inflation, organizations are rethinking and expanding employee benefits to be a lot more than just medical and accident coverage. Disability income protection insurance is one such option. It covers a person\'s income in the event of accidents, illness or injury that prevents them from working for a period.
On World Osteoporosis Day, today 20th October, we need to recognise the grim statistics that worldwide, one in three women and one in five men, aged 50 years and over, will suffer an osteoporotic fracture.
In conjunction with Breast Cancer Awareness month this October, Biometric sat down with survivor Catherine Heng who shared her battle with cancer. With an established career in sales and as a mother of two young boys, Catherine was not expecting life to throw her a curveball.
Disability income protection insurance may not be on the list of priorities for the millennials and Gen Zs. Just entering the workforce and budget-conscious, young adults are more concerned about growing their wealth than being insured in every aspect of their lives. According to a recent survey, six out of ten Singapore youths prioritise building up their savings. This was followed by prioritising building their wealth (49%) and investing (41%)1.
When one begins to explore the relationship between NCDs (non-communicable diseases) and disability, one must comprehend the meaning of both of these conditions. NCDs are those diseases that cannot be communicated, transmitted, or spread from one person to another. Examples of NCDs include diabetes, coronary artery disease, hypertension, and strokes
Confident, independent, and cheerful. That’s my first impression of Jean Ling. When I met her for the first time, chirpy and smiling, I had a feeling she was someone who you don’t just forget. Not because she’s in a wheelchair but for her affable personality.
This is a decisive moment in the history of human health. Over the last century, society has made incredible progress in extending life. However, while life expectancy has increased, so has the amount of time spent in moderate to poor health.
We were honoured to have both Cathie Chew and her husband Sim Tharn Chun at Biometric’s Lunch Talk early this month, sharing her journey as an insurance agent turned claimant while caring for her husband throughout the years. For sickness and in health, hers is indeed a love story. Mr. Sim was one of the victims who was affected by the raw fish saga episode that happened in Singapore in 2015. He was taken seriously ill due to a brain infection (bacterial meningitis) after consuming raw fish porridge at a local stall. Unfortunately, it left him with permanent hearing loss, affecting both his mobility and balance. Six months later, he was made redundant from his high-paying job
