We believe that you and your family should have proper insurance coverage.  

 

We have developed checklists for you which will give an overview of the basic types of insurance policies needed by you and your family depending on your circumstances. 

 

This checklist is suitable for parents who are still supporting their children and elderly parents.

 

In addition to having good medical coverage, Term Insurance is essential to provide for your dependants in your absence.

 

No.

Checklist for Parents

Reason

Currently covered?

1

Term Insurance for you and our spouse

Provides payout to support children and elderly in the family in case of death of the breadwinners.

 

Find out how much cover you need.

 

2

Hospital Insurance for all members of the family (you and your spouse, children & elderly)

Pays for hospital bills on illness or accidents.

 

Hospital bills could be very large and it is these really large bills that you need to ensure that you are protected from.

 

Understand the different types of hospital insurance products.

 

3

Critical Illness Insurance for you and your spouse

Provides payout to support you and your family if you have critical illness.

 

If you cannot work due to critical illness or if you require medication or recovery support that your hospital insurance does not cover, you can use the money from this policy.

 

Find out more about critical illness insurance.

 

4

Total and Permanent Disability Insurance for you and your spouse. Usually sold together with Term insurance plans.

Provides payout if you are disabled and are not be able to work.

 

 

 

 

Download PDF version of checklist for parents

 

This checklist is suitable for young adults who have no dependants (eg children or elderly parents who are dependent on them).

 

Whilst you may not have any dependants, you would want to ensure that you do not burden your family with any unforeseen medical bills. 

 

No.

Checklist for Young Adults (with no dependants)

Reason

Currently covered?

1

Hospital Insurance for you

Pays for hospital bills on illness or accidents.

 

Hospital bills could be very large and it is these really large bills that you need to ensure that you are protected from.

 

Understand the different types of hospital insurance products. 

 

2

Critical Illness Insurance for you

Provides payout to support you if you have critical illness.

 

If you cannot work due to critical illness or if you require medication or recovery support that your hospital insurance does not cover, you can use the money from this policy.

 

Find out more about critical illness insurance

 

3

Total and Permanent Disability Insurance for you.  Usually sold together with Term insurance plans.

Provides payout if you are disabled and are not be able to work.

 

 

 

 

Download PDF version of checklist for young adults

 

This checklist is suitable for middle aged adults who do not have any dependants (eg children or elderly parents who are dependent on them).

 

By your middle aged years, it is important to ensure that you have all the basic protection products in place. Many adults develop medical conditions which result in higher insurance premiums or insurers declining to provide any coverage at all. 

 

You should also start thinking about how you want to provide for your own retirement. 

 

No.

Checklist for Middle Aged Adults (no dependants)

Reason

Currently covered?

1

Hospital Insurance for you

Pays for hospital bills on illness or accidents.

 

Hospital bills could be very large and it is these really large bills that you need to ensure that you are protected from.

 

Understand the different types of hospital insurance products

 

2

Critical Illness Insurance for you

Provides payout to support you if you have critical illness.

 

If you cannot work due to critical illness or if you require medication or recovery support that your hospital insurance does not cover, you can use the money from this policy.

 

Find out more about critical illness insurance

 

3

Total and Permanent Disability Insurance for you.  Usually sold together with Term insurance plans.

Provides payout if you are disabled and are not be able to work.

 

4

Annuity insurance for you

Provides regular income for the rest of your life.

 

The amount of money that you have set aside for retirement may not be enough. An annuity would give you financial protection from insufficient retirement funds.

 

Note: Annuity products are currently not available from our website. Please contact us at This email address is being protected from spambots. You need JavaScript enabled to view it. for more information.

 

 

 

Download PDF version of checklist for middle aged adults