Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips.

This week's episode looks at how disability insurance and long-term care aren’t on the radar of many. Find out why this should be on your must-do list during this pandemic, in this episode brought to you by Great Eastern: https://www.greateasternlife.com/sg/en/index.html

BT's digital editor Chris Lim hosts Colin Chan, managing director of Group Marketing at Great Eastern, who explains the following:


Can you ever be too young to worry about disability insurance (1:48)
What is a "living" benefit, and why this is key if you have a longer runway of potential needs (2:52)
Many young people suffer disabilities caused by accidents and unforeseen circumstances (3:15)
Calculating long-term care costs in Singapore (5:50) 
How a 30-year-old can use CPF Medisave to pay for premiums up to $600 a year, including a yearly cash top-up for higher monthly payout benefits (6:47)

Great Eastern: https://www.greateasternlife.com/sg/en/personal-insurance/thelifecompany.html

Great Eastern’s Live Lifeproof with GREAT CareShield: https://www.greateasternlife.com/sg/en/personal-insurance/our-products/health-insurance/great-careshield/disability-support.html

Great Eastern’s Disability Coverage Calculator: https://www.greateasternlife.com/sg/en/personal-insurance/understand-insurance/financial-tools-to-know-what-you-need/disability-income.html

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

Follow BT Money Hacks podcasts every first and third Monday of the month, and rate us on:

Channel: http://bt.sg/btmoneyhacks

Apple Podcasts: http://bt.sg/oeXe

Spotify: http://bt.sg/oeGN

Google podcasts: http://bt.sg/oeGP

Website: http://bt.sg/moneyhacks

Feedback to: podcast@sph.com.sg

Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

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Discover more BT podcast series:

BT Mark To Market Podcast on: http://bt.sg/btmark2mkt

WealthBT Podcast on: http://bt.sg/btwealthbt

BT Podcasts on: http://bt.sg/podcasts

Follow our shows then, if you like short, practical podcasts!

Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips.
This week's episode looks at how disability insurance and long-term care aren&rsquo;t on the radar of many. Find out why this should be on your must-do list during this pandemic, in this episode brought to you by Great Eastern: <a href="https://www.greateasternlife.com/sg/en/index.html">https://www.greateasternlife.com/sg/en/index.html</a>
<a href="https://www.hsbc.com.sg/" data-saferedirecturl="https://www.google.com/url?q=https://www.hsbc.com.sg/&amp;source=gmail&amp;ust=1619251937717000&amp;usg=AFQjCNEN18S4H-n5dypG3LZifHuGLPGqzA"></a>BT's digital editor Chris Lim hosts Colin Chan, managing director of Group Marketing at Great Eastern, who explains the following:
<ol>
<li>
Can you ever be too young to worry about disability insurance (1:48)
</li>
<li>What is a "living" benefit, and why this is key if you have a longer runway of potential needs (2:52)</li>
<li>Many young people suffer disabilities caused by accidents and unforeseen circumstances (3:15)</li>
<li>Calculating long-term care costs in Singapore (5:50)&nbsp;</li>
<li>How a 30-year-old can use CPF Medisave to pay for premiums up to $600 a year, including a yearly cash top-up for higher monthly payout benefits (6:47)</li>
</ol>
<ol></ol>
Great Eastern:&nbsp;<a href="https://www.greateasternlife.com/sg/en/personal-insurance/thelifecompany.html" data-saferedirecturl="https://www.google.com/url?q=https://www.greateasternlife.com/sg/en/personal-insurance/thelifecompany.html&amp;source=gmail&amp;ust=1621659735341000&amp;usg=AFQjCNGd_painQO-rSKa0fVIMdb-YQEiDQ">https://www.greateasternlife.com/sg/en/personal-insurance/thelifecompany.html</a>
Great Eastern&rsquo;s Live Lifeproof with GREAT CareShield:&nbsp;<a href="https://www.greateasternlife.com/sg/en/personal-insurance/our-products/health-insurance/great-careshield/disability-support.html" data-saferedirecturl="https://www.google.com/url?q=https://www.greateasternlife.com/sg/en/personal-insurance/our-products/health-insurance/great-careshield/disability-support.html&amp;source=gmail&amp;ust=1621659735341000&amp;usg=AFQjCNEvcBejP71Gawq5vVKKDk3MyYustg">https://www.greateasternlife.com/sg/en/personal-insurance/our-products/health-insurance/great-careshield/disability-support.html</a>
Great Eastern&rsquo;s Disability Coverage Calculator:&nbsp;<a href="https://www.greateasternlife.com/sg/en/personal-insurance/understand-insurance/financial-tools-to-know-what-you-need/disability-income.html" data-saferedirecturl="https://www.google.com/url?q=https://www.greateasternlife.com/sg/en/personal-insurance/understand-insurance/financial-tools-to-know-what-you-need/disability-income.html&amp;source=gmail&amp;ust=1621659735341000&amp;usg=AFQjCNEugYWcsNZhQs1f5WMxIEzcK2zwmQ">https://www.greateasternlife.com/sg/en/personal-insurance/understand-insurance/financial-tools-to-know-what-you-need/disability-income.html</a>
Produced by: Chris Lim and Ernest Luis Edited by: Adam Azlee Follow BT Money Hacks podcasts every first and third Monday of the month, and rate us on: Channel:&nbsp;<a href="http://bt.sg/btmoneyhacks" data-saferedirecturl="https://www.google.com/url?q=http://bt.sg/btmoneyhacks&amp;source=gmail&amp;ust=1619251937718000&amp;usg=AFQjCNEAaUmjmlInTnfUWS7TAUBttMbLKw">http://bt.sg/btmoneyhacks</a> Apple Podcasts:&nbsp;<a href="http://bt.sg/oeXe" data-saferedirecturl="https://www.google.com/url?q=http://bt.sg/oeXe&amp;source=gmail&amp;ust=1619251937718000&amp;usg=AFQjCNH3jFw--4PZNHS-ewktqCIy8KWA0Q">http://bt.sg/oeXe</a> Spotify:&nbsp;<a href="http://bt.sg/oeGN" data-saferedirecturl="https://www.google.com/url?q=http://bt.sg/oeGN&amp;source=gmail&amp;ust=1619251937718000&amp;usg=AFQjCNFYj6MS1E7plYDZayTK8BL3_iz7Ig">http://bt.sg/oeGN</a> Google podcasts:&nbsp;<a href="http://bt.sg/oeGP" data-saferedirecturl="https://www.google.com/url?q=http://bt.sg/oeGP&amp;source=gmail&amp;ust=1619251937718000&amp;usg=AFQjCNFNycf6jy5meP3mu4m6hyql1-UU2w">http://bt.sg/oeGP</a> Website:&nbsp;<a href="http://bt.sg/moneyhacks" data-saferedirecturl="https://www.google.com/url?q=http://bt.sg/moneyhacks&amp;source=gmail&amp;ust=1619251937718000&amp;usg=AFQjCNFHCvuEopH1AUi81TiTmtLivkOX_w">http://bt.sg/moneyhacks</a> Feedback to:&nbsp;<a href="mailto:podcast@sph.com.sg">podcast@sph.com.sg</a> Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.
---
Discover more BT podcast series:
BT Mark To Market Podcast on:&nbsp;<a href="http://bt.sg/btmark2mkt" data-saferedirecturl="https://www.google.com/url?q=http://bt.sg/btmark2mkt&amp;source=gmail&amp;ust=1621580726541000&amp;usg=AFQjCNFwN2lIVswwcQzU9eHb-Ibx47RktA">http://bt.sg/btmark2mkt</a>
WealthBT Podcast on: <a href="http://bt.sg/btwealthbt">http://bt.sg/btwealthbt</a>
BT Podcasts on:&nbsp;<a href="http://bt.sg/podcasts" data-saferedirecturl="https://www.google.com/url?q=http://bt.sg/podcasts&amp;source=gmail&amp;ust=1621586278355000&amp;usg=AFQjCNFlElxxRquebsDQVCEgxs9ndnigtw">http://bt.sg/podcasts</a>
Follow our shows then, if you like short, practical podcasts!

Synopsis: Every first and third Monday of the month, The Business Times breaks down useful personal financial tips with expert guests.

Podcaster: Howie Lim

Produced by The Business Times, SPH Media Trust.

Synopsis: Every first and third Monday of the month, The Business Times breaks down useful personal financial tips with expert guests.
Podcaster: Howie Lim
Produced by The Business Times, SPH Media Trust.

BT Money Hacks

Every first and third Monday of the month, The Business Times breaks down useful personal financial tips with expert guests.

Podcaster: Howie Lim

Produced by BT Podcasts, The Business Times, SPH Media.

Every first and third Monday of the month, The Business Times breaks down useful personal financial tips with expert guests.
Podcaster: Howie Lim
Produced by BT Podcasts, The Business Times, SPH Media.

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