income insurance​ 44 43

Income Insurance: Protecting Your Financial Stability

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, 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 check here periods.

It helps ensure continuity of income, which is vital for managing daily expenses, loan repayments, and other financial commitments.

Overall, income insurance remains a key component in achieving long-term financial resilience in Singapore.

 

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