Secure Your Future: Close Your Insurance Protection Gap Today

Are you adequately protected against life’s uncertainties?


 
Did You Know?

Singaporeans Face a $952 Billion Protection Gap


The latest Protection Gap Study 2022 by the Life Insurance Association Singapore (LIA) revealed that there remains a 21% mortality protection gap and a staggering 74% critical illness (CI) protection gap among economically active individuals in Singapore1.



$373 billion In total mortality protection gap
$579 billion In total critical illness protection gap



Find Out How to Close Your Protection Gap Today
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Why You Need to Act Now

  • Life Expectancy is Rising: Singaporeans are living longer, but extended lifespans mean more years of health-related expenses. Have you factored this into your current coverage? Not doing so could erode years of savings and derail even the most carefully laid retirement plans.

  • Critical Illnesses are Expensive: Did you know that on average, patients struck with a critical illness take around 3 to 5 years to recover and return to being economically productive? This leaves many families under-prepared for long recovery periods and lead to degradation in standard of living.

  • Peace of Mind for You and Your Loved Ones: Ensuring you are fully protected with life and critical illness insurance isn’t just about safeguarding yourself—it’s about giving your family financial security if the unexpected happens.

What Are the Essential Insurance Coverage Recommended for Working Adults?


According to the Monetary Authority of Singapore’s Basic Financial Planning Guide2, here are the basic rules of thumb for protection that you can consider.

Whole/
Term Life Insurance

  • Provides financial support to your loved ones in case of premature death, helping them cover ongoing lifestyle expenses.
  • The coverage amount recommended is at least 9 times your annual income.
Learn More

Critical Illness Insurance

  • Covers major medical costs and offers a lump sum payout to ease the financial burden of long-term recovery.
  • The coverage amount recommended is at least 4 times your annual income.
Learn More


For example, someone with the median monthly income of $5,197 should be covered for death & total permanent disability to the tune of at least $561,276. This person should also be insured against critical illness for at least $249,456.

Take Control of Your Future Today

To help you bridge your protection gap, Financial Alliance has partnered with our insurance partners to offer exclusive insurance bundles designed for young adults like you.

Our comprehensive solutions include both Life Insurance and Critical Illness Protection, offering you the best of both worlds.

For a limited time, these bundles come with attractive discounts, cashback rewards and other perks for customers. Terms and conditions apply.

Schedule a Consultation

Footnotes

[1] Source: Protection Gap Study 2022 by Life Insurance Association of Singapore

[2] Source: Basic Financial Planning Guide by the Monetary Authority of Singapore

Note: Insurance plays an important role in your financial planning, and buying an insurance product is a long-term commitment. You should seek financial advice from your trusted financial adviser representative before purchasing any policies.

Frequently Asked Questions on Term Life Insurance

Term insurance is life insurance that provides insurance coverage only for a fixed period of time. An example of term insurance is the Dependants' Protection Scheme.

Riders can be attached to enhance the benefits provided by the policy. As this may vary from product to product, check with your insurance company for more details.

Need Advice?

Meet Your #ChooseIndependent
Financial Adviser Representative


Yin Ni

Financial Advisory Manager

About Yin Ni

殷妮 | 新加坡跨境財富规划师

专业背景

作为 Financial Alliance（新加坡最大独立理财咨询公司）的资深顾问，我拥有15 年新加坡在地经验和丰富的财富管理实践。在加入金融行业前，我曾在全球 50 强科技企业工作 8 年，这段经历让我深刻理解科技精英和新加坡新移民的财务需求和挑战。

过去 5 年，我已成功服务超过 1500+ 家庭的财富规划需求，帮助他们改善财务状态并达成财务目标。我持有多项国际认证，包括新加坡跨境财富规划师、国际金融理财师(AFP®)、国际遗产规划师(AEPP®)和Fee-Based咨询顾问资格。

专业服务

我专注于为客户提供全方位的财富管理解决方案，包括：

- 全球资产配置规划：根据客户风险偏好和目标，设计多元化的全球投资组合
- 家族财富传承方案：通过专业工具和策略，确保财富顺利传承给下一代
- 退休财务规划：量身定制退休策略，优化CPF和SRS，确保退休生活无忧
- 保险组合优化：分析现有保障，消除重复覆盖，填补保障缺口
- 个人所得税筹划：合法优化税务结构，最大化税后收益

服务理念

我的服务建立在三个核心价值观之上：

1. 专业定制：每位客户都获得完全个性化的财务方案，而非标准化产品
2. 长期陪伴：我注重与客户建立长期信任关系，随时调整策略以适应人生变化
3. 简明透明：我以简单直接的沟通风格，确保客户完全理解每个财务决策

客户群体

我目前主要为这些客户群体提供咨询服务：
- 科技行业精英和企业管理层
- 高收入专业人士
- 新移民家庭
- 成功创业者
- 关注财富传承的家庭
- 新加坡本地企业

联系方式

- WhatsApp：+65 92399908
- 电子邮箱：yinni@fapl.sg
- 微信：Yinni-sg
- LinkedIn：https://www.linkedin.com/in/ni-yin/
- 官方主页：https://engage.fa.com.sg/yinni/
- 预约咨询：https://wa.me/6592399908




#ChooseIndependent with Yin Ni

An in-depth insurance portfolio review with Yin Ni could save you money as you spend less for the same coverage, or allow you to be better protected without spending a cent more.