How to Grow Your Money Overseas
Asset Building for Japanese Living in Singapore | Insurance Strategies You Can’t Afford to Miss
Meet the Consultants
Mr Han Chi Teng
Financial Services Director
Han Chi Teng has over 20 years of experience in financial planning. Since entering the industry in 2006, he has received numerous honours, including Rookie of the Year and President’s Club awards. He focuses on guiding clients in building long-term financial security.
Ms Harumi Yasuda
Financial Consultant for Japanese
Harumi Yasuda has over 25 years of experience living and working in Singapore. Licensed in Life and General Insurance by MAS, she specialises in supporting Japanese expatriates and families with tailored insurance and financial planning solutions.
Consultation Process
①
Initial Consultation
We begin by understanding your goals, future plans, and any concerns you may have. We will also explain how life insurance works in Singapore and guide you through the basics if you are considering insurance for the first time.
②
Personalised Plan Proposal
Based on our discussion, we will recommend suitable plans and provide a clear illustration of coverage and premiums, helping you make a confident and informed decision.
③
Application & Ongoing Support
We will assist you through the application process in English or Japanese. After your policy is issued, we continue to provide ongoing support, including assistance in Japanese even after you return to Japan.
Case Studies
Case Study 1
Education Fund Planning
Concern
“Can I save enough for my child’s education while working in Singapore?”
Goal
Prepare for a child’s future education while working in Singapore. Education expenses can include international or Japanese school tuition, exam preparation after returning to Japan, and university education in Japan or overseas. Saving in Singapore Dollars (SGD) allows families to build an education fund efficiently during their expatriate period and continue the plan even after returning to Japan.
Client Profile
• Japanese Expatriate (30s)
• 5-Year Assignment in Singapore
• Child Age: 2
Plans
• Save SGD 2,000 per month during the Singapore assignment
• Total contribution: SGD 120,000 over 5 years
• Investment continues to grow for 13 additional years
Outcome
After 18 years, the fund is projected to reach approximately SGD 160,000 for education expenses.
Case Study 3
Health Insurance (Local Hires & PR Holders)
Concern
“Is my company’s health insurance enough if I need hospital treatment in Singapore?”
Goal
Prepare for potential medical expenses in Singapore. While Singapore offers world-class healthcare, hospital stays, surgeries, and long-term treatments can be expensive. Health insurance helps reduce out-of-pocket medical costs and provides financial protection for unexpected medical situations.
Client Profile
• Local hire (30s)
Plans
• Enrolled in Health Insurance for hospitalisation coverage
• Added additional coverage to complement company group insurance
Outcome
The client gained stronger protection and peace of mind in case of hospitalisation.
Case Study 2
Retirement Planning
Concern
“I worry that Japan’s pension alone may not be enough for retirement.”
Goal
Strengthen long-term retirement planning during an overseas assignment. Many expatriates and local hires feel that Japan’s pension alone may not be sufficient for retirement. Savings and investment plans in Singapore can support long-term planning through asset growth, inflation protection, and currency diversification in SGD.
Client Profile
• Japanese expatriate (40s)
• 4-Year Assignment in Singapore
Plans
• Started retirement planning with a lump-sum investment while in Singapore
• Continued the investment after returning to Japan
Outcome
The client was able to begin serious long-term retirement planning during the expatriate period.
Case Study 4
Investment-Linked Policy (ILP)
Concern
“Am I making the most of my time abroad to grow my assets?”
Goal
Build long-term assets while maintaining insurance protection. An Investment-Linked Policy (ILP) combines insurance protection with investment growth and allows currency diversification in SGD. For many expatriates, periods of stable income or higher bonuses can be a good opportunity to begin long-term asset building.
Client Profile
• PR holder with family dependents
Plans
• Used an ILP for medium- to long-term investment
• Preparing for both education and retirement funds
• Planning flexible withdrawals when needed
Outcome
The client was able to grow assets while maintaining insurance protection.
Contact Us
Contact us to learn more about our plans.
