income insurance​ 44 43

income insurance​ 44 43

Blog Article

Why Income Insurance is Essential for Financial Security

Income insurance is a crucial financial product designed to provide Singaporeans with protection against loss of income due to illness, injury, or unemployment. It offers peace of mind by ensuring a steady cash flow during challenging times.

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 read more loss.

Such benefits enhance the value of income insurance by providing comprehensive financial support.

Having income insurance complements other savings and investment strategies, forming a holistic approach to personal financial planning.

In summary, income insurance plays a vital role in protecting individuals from unforeseen income disruptions.