income insurance 44 43
income insurance 44 43
Blog Article
Income Insurance: Protecting Your Financial Stability
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 offset loss resulting from disability, critical illness, or job loss.
Many insurers in Singapore offer income protection plans as standalone policies or click here as add-ons to existing life or health insurance packages.
Having income insurance complements other savings and investment strategies, forming a holistic approach to personal financial planning.
Overall, income insurance remains a key component in achieving long-term financial resilience in Singapore.