When it comes to Critical Illness coverage in Singapore, the average person only has approximately 20% of what they require accordingly to a recent study released by the Life Insurance Association (LIA). The study revealed that the average working individual in Singapore has just $59,776, while the LIA recommends that you need $316,603, a staggering [...]
“If a child, a spouse, a life partner, or a parent depends on you and your income, you need life insurance.” - Suze Orman It is a sad reality that for many, the true value of life insurance is only discovered when it’s too late, or when they’ve had a family member or friend go [...]
“How much insurance do I need?” “What types of insurance are there?” “Would be family be financially looked after should something happen to me?” These are the common questions that I am often asked by my clients. I’ve therefore clarified the key types of insurance below and when you should consider having them in place. [...]
“Why should I pay for insurance for my non-working spouse..?” This is a common question I’m asked by both expats and locals in Singapore. The short answer, in most cases, is yes. Let’s take a look at why… It is important to realise that your non-working spouse has a significant amount of economic [...]
