Life insurance may have been something that was easily overlooked when you were back in your home country, but now that you are living in Singapore - with or without family - protecting you and your loved ones has to become a top priority.
Life insurance plans in Singapore offer expats a financial safety net for their families and themselves in the event that an incident occurs. Our Life insurance plans available in Singapore will provide expats living here with the flexibility to select the term duration and amount of coverage they find fit (i.e.: $5m for 20 Years). These life insurance plans can be tailored to your changing needs during different phases in your life. There are a range of affordable plans available and the sooner you take out a life insurance policy, the better. Get in touch to discuss further and we’d be happy to help.
Life insurance premiums in Singapore are generally paid monthly or annually, in return for a guaranteed lump sum payout in the event that death or terminal illness occurs within the contract term. If you need any clarification, leave us a message here and one of our Life Insurance experts will be in touch.
Also, it is possible to include additional riders on to your term life insurance policy in Singapore to increase your protection beyond death by topping it up with the following:
Critical illness insurance is offered as an optional add on to the life insurance policy picked out in Singapore and provides a lump sum pay out in the event you have a serious illness such as:
Your Critical Illness pay out is tax free and can be used in any way you like. It can be a great source of financial comfort if you have to take time off of work or relocate due to your illness. Talk to our Life Consultant today about Critical Illness cover.
Total Permanent Disability (TPD) insurance is an optional rider on most life insurance contracts available in Singapore for expats. It acts as a financial safety net in the event the insured suffers a loss of limb or sight (different insurance companies vary on their TPD definition) that prevents the insured from working. If you have any questions, our Life insurance consultant can definitely help answer them.
If you are thinking about Life Insurance, we would love to hear from you! Give us a call on +65 6439 8029 or leave your details below and we will get in touch as quickly as possible to get you sorted out with a quote for Life Insurance.