How much coverage is considered enough?


Typically, you should aim to have approximately 11 times your annual earnings as basic life cover, although this would vary from person to person.

According to a 2007 study by the Nanyang Technological University of Singapore, the insurance needs of an average working adult in an average household will amount to about $490,000.

Your FA representative will be best placed to perform a thorough fact-find to evaluate your protection needs.