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Insurance in Singapore

Insurance provides financial protection against unexpected events. In Singapore, various types of insurance are available to protect you, your family, and your assets.

Factors Affecting Insurance Premiums

  • Age: Younger individuals typically pay lower premiums
  • Health status: Pre-existing conditions may increase premiums
  • Coverage amount: Higher coverage means higher premiums
  • Policy term: Longer terms may offer better rates
  • Lifestyle factors: Smoking and risky activities increase costs