Do you have enough
insurance protection?
Mortality Insurance
Mortality Insurance
Mortality insurance pays your family when you pass away, or when Total & Permanent Disability or Terminal Illness is diagnosed.
Critical Illness Insurance
Critical Illness Insurance
Critical Illness insurance pays when you are diagnosed with a major illness. The payout can be used to meet living or medical expenses when you are recovering.
An LIA study shows that on average, a working adult in Singapore has a mortality protection gap of S$169,673 and a Critical Illness protection gap of S$256,826.
The mortality protection gap is the shortfall in the amount of money you should be providing to meet the financial needs of your family in the event of your death.
The Critical Illness protection gap is the shortfall in the amount of money you should be providing to meet the financial needs of you and your family before you are able to return to work.
Do you know your shortfall amounts? The Life Insurance Calculator will estimate how much additional insurance you need.
To get started, key in your age, marital status, working status of spouse, number of dependent children and number of dependants (elders or others).
To get a more personalised protection gap result, key in the remaining three sections on personal/family information, financial overheads and financial resources.
With your results in hand, talk to your financial advisor to find out what solutions are suitable for you.
Find out how to ensure that you or you and your loved ones are financially cared for, based on your situation.
