income insurance​ 44 43

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 check here 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.

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.

 

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