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.
Income insurance products vary in terms of coverage amounts, waiting periods, and benefit durations, allowing customization based on personal needs.
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 more info resilience in Singapore.