Do you know which type of insurance is of the highest priority for you?
The Covid-19 pandemic has resulted in Singaporeans becoming more aware of protecting themselves and their loved ones in the event of critical illness, hospitalisation and death. It has been reported that the insurance industry has been seeing strong demand for certain products despite the economic downturn- https://www.straitstimes.com/business/pandemic-fuels-demand-for-some-insurance-products
Although it’s important to have insurance to mitigate against different risks, there is a cost — not just in dollars — to being over-insured.
Watch this video by Christopher Tan, CEO of Providend, as he shares in detail the role of insurance in your financial plan and the questions you should ask before taking up an insurance product.
For more insurance-related resources, check out:
▸https://www.providend.com/using-life-insurance-as-a-savings-instrument/
▸https://www.providend.com/uncovering-the-sales-ideas-behind-whole-life-plans/
▸https://www.providend.com/why-most-needs-can-be-covered-by-term-insurance/
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In October 2019, Christopher published his 3rd book- Money Wisdom: Simple Truths For Financial Wellness. This book aims to equip ordinary, working individuals and families with financial truths and tools, so if you are looking to build meaningful and enduring financial wellness, you definitely do not want to miss this!
📖https://providend.com/publications/
Connect with Providend
▸Facebook: https://www.facebook.com/Providend/
▸LinkedIn: https://www.linkedin.com/company/prov…