income insurance 44 43
income insurance 44 43
Blog Article
Discover Income Insurance: Comprehensive Coverage for Singaporeans
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, more info or job loss.
These plans often include features such as rehabilitation support and premium waivers during claim periods.
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.