income insurance 44 43
income insurance 44 43
Blog Article
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 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 of income, click here 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.