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Deposit insurance coverage rises to S$75,000; gig workers gain insurance policy protection

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Published Thu, Mar 28, 2019 · 09:50 PM

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Singapore

DEPOSIT insurance will rise to S$75,000 to give savers more protection in the event of bank or finance company failure.

Insurance policy owners who use their cars or homes to generate income will now also be protected should their insurer go under.

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