income insurance​ 44 43

income insurance​ 44 43

Blog Article

Income Insurance: Protecting Your Financial Stability

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 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 read more of income, which is vital for managing daily expenses, loan repayments, and other financial commitments.

To conclude, it offers essential financial security that helps policyholders navigate life’s uncertainties with confidence.