Need

We would like to know you better!
Do you smoke?
Your marital status
Your gender
Your Monthly Income
This is the amount that you spend each month on average.
Your Monthly Expense
This is the amount that you spend each month on average.
Your Estimated Retirement Age
This is the age where you expect to cease work and free from any financial liabilities.
Your Estimated Inflation Rate(%)
This is your estimation of the inflation rate. A good benchmark will be 3%.
Your Investment Return Rate(%)
This is your estimation of the investment return rate. A good benchmark will be 5%.
Monthly needs required for living expenses and/or dependants
Lump sum required
for treatment of illness
Number of years required to recover from a Critical illness
Inflation-adjusted rate of return from investments (%) for Critical Illness
TPD Monthly needs required for living expenses and/or dependants
Provision for
Medical Expenses
Number of years
required for
Total Permanent Disability
Inflation-adjusted rate of return from investments (%) for Total Permanent Disability
Do you have any Financial Dependants?
How many Child Dependants do you have? (max 3)
First Child Dependant
What is his or her name?
How old is your child?
Estimate Age of Financial Independence ℹ
Desired Monthly Upkeep ℹ
Required Tertiary Education Fund ℹ
Second Child Dependant
What is his or her name?
How old is your child?
Estimate Age of Financial Independence ℹ
Desired Monthly Upkeep ℹ
Required Tertiary Education Fund ℹ
Third Child Dependant
What is his or her name?
How old is your child?
Estimate Age of Financial Independence ℹ
Desired Monthly Upkeep ℹ
Required Tertiary Education Fund ℹ
How many Adult Dependants?
First Adult Dependant
What is his or her name?
How old he/she?
Age to Support ℹ
Desired Monthly Upkeep ℹ
Relationship
Second Adult Dependant
What is his or her name?
How old he/she?
Age to Support ℹ
Desired Monthly Upkeep ℹ
Relationship
Third Adult Dependant
What is his or her name?
How old he/she?
Age to Support ℹ
Desired Monthly Upkeep ℹ
Relationship
Summary of your Core Life Insurance Needs
1. Hospitalisation Benefit
Years Required:
An Integrated Shield Plan covers most of the hospitalisation related and treatment bills aside from MediShield Life.
Due to the rising cost of hospitalization bills, it should be your priority. This coverage is required for lifetime as long as one lives.
2. Critical Illness Benefit
Coverage required:
Number of years required:
3. Death Benefit
Coverage required:
3. Total Permanent Disability Benefit
Coverage required:
Do You Know?
Most Singaporean are unsure of what kind of insurance they need?
What coverage is their highest priority?
How much coverage do they need?
What kind of insurance should they buy?
At the end of this discover exercise, you should have a clearer idea.


