MoneySmart Financial is an Exempt Financial Adviser and Registered Insurance Broker licensed by Monetary Authority of Singapore ("MAS").

Quick Survival Guide To Life Insurance

Get to know the basics of life insurance with MoneySmart and find out about the different types of plans available to make better decisions for you and your loved ones.

Visual Content Image Visual Content Image

What You Should Know About Buying Life Insurance

Learning how life insurance works, and whether term or whole life insurance is suitable for you really depends on your financial stability, and the lump-sum payout amount required for you (and your spouse or children).


Coverage period needed

While most term and whole life insurance plans cover death and total permanent disability (TPD), the coverage period differs; the latter covers a whole lifetime.


Sum assured and cash value

If you’re getting a life insurance plan for more than just protection, endowment plans or investment-linked plans may be more apt to get greater returns.


Premiums payable

As endowment plans and investment-linked plans offer wider coverage and longer periods of coverage, the premiums are much more than those of term insurance.

Safeguard your family's future with life insurance. Get it today!

Take 1 minute to answer a form and we will recommend you the best plans for your family needs.

Understanding Life Insurance In Singapore

Life Insurance and Term Life: 101 Basics

How Much Should I Spend On Life Insurance?

Life Insurance vs Term life: Which Is Better?

Best Endowment Plans in Singapore

What is an investment-linked policy?

Pros And Cons of Whole Life Insurance

Looking for something else?

Head over to our guides on health insurance and term insurance

Visual Content Image Visual Content Image

Read More

How Much Insurance Coverage Should I Have?

AXA Shield Integrated Shield Plan Review

What is CareShield Life?