Health – covers hospitalization and surgical bills (Essential)
Life – payout in the event of death (Essential)
Critical Illness – policy holder has one of mentioned illness (usually 37 disease)
Disability – payout when policyholder unable to do 3 daily activities.
Personal Accident – cover accidental medical expenses
Factors to considers:
- Amount of coverage
- monthly budget
- purpose
The two I highlighted as essential is highly recommend for everyone to buy 🙂
Reference
Lou K. (2019, Jul 30). An Ultimate Guide: Key Insurance Policies You Should Get In Singapore 2019. Retrieved from https://blog.seedly.sg/working-adults-key-insurance-policies-singapore/
