income insurance​ 44 43

income insurance​ 44 43

Blog Article

Why Income Insurance is Essential for Financial Security

In Singapore, income insurance helps individuals and families maintain their lifestyle and meet financial obligations even when they are unable to work.

Policies typically cover a portion of the insured’s monthly income for a specified period, helping to here offset loss resulting from disability, critical illness, or job loss.

Many insurers in Singapore offer income protection plans as standalone policies or as add-ons to existing life or health insurance packages.

It helps ensure continuity of income, which is vital for managing daily expenses, loan repayments, and other financial commitments.

Overall, income insurance remains a key component in achieving long-term financial resilience in Singapore.