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, income insurance 44 43 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.
Having income insurance complements other savings and investment strategies, forming a holistic approach to personal financial planning.
In summary, income insurance plays a vital role in protecting individuals from unforeseen income disruptions.