S1E95: Critical illness insurance more crucial than ever: BT Money Hacks Ep 95

  • 10 May 2021

Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips.

This week's episode covers insurance, a risk management fundamental you need to sort out before considering more advanced money hacks. Find out why critical illness insurance is more crucial than ever during this pandemic, in this episode brought to you by Great Eastern: https://www.greateasternlife.com/sg/en/index.html

BT's digital editor Chris Lim hosts Colin Chan, managing director of Group Marketing at Great Eastern, who explains the following:

  1. What is critical illness insurance and where it sits in your insurance portfolio (0:44)
  2. Understanding the latest multi-pay critical illness plan (3:12)
  3. How such a plan can continue to cover you even after you suffer from your first critical illness (4:50)
  4. Ensuring continued critical coverage given that illnesses are happening at a younger age (8:30)
  5. The percentage top-up premium needed to ensure continued multi-pay critical illness coverage (9:35)

    Great Eastern’s Live #Lifeproof: https://www.greateasternlife.com/sg/en/personal-insurance/thelifecompany.html

    Great Eastern’s Great Life Advantage with add-on critical illness coverage: https://www.greateasternlife.com/sg/en/personal-insurance/our-products/life-insurance/great-life-advantage.html

    Great Eastern’s Critical Illness Cover calculator: https://www.greateasternlife.com/sg/en/personal-insurance/understand-insurance/financial-tools-to-know-what-you-need/critical-illness-cover.html

    Produced by: Chris Lim and Ernest Luis

    Edited by: Adam Azlee

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