NTUC Income | Whole Life Insurance and Term Life Insurance

Life Insurance

Why do so many people fail to purchase an adequate amount of life insurance? How would your spouse, child or other dependants survive without your income?

Life is full of uncertainties. That is why providing all the financial protection for your loved ones is so important. We have a responsibility to protect those who depend on us with an adequate amount of life insurance protection. Life insurance can provide those who are left behind with a lifetime of financial security.

Deciding whether you need life insurance is quite easy. Deciding how much life insurance you need is slightly harder. A simple rule of thumb is to take out a cover that is equivalent to five to ten times your annual salary.

For Life

What would happen if you could not bring in the money for the family? Is your spouse's income sustainable to meet the monthly household expenses or debts? You need contingency cash to help the family tide over while making their lifestyle adjustments.

WHOLE LIFE INSURANCE
 
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