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 offset loss resulting from disability, critical illness, 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.

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