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Insurtech offering life insurance, investment returns and layoff benefit rolled into one

Singlife account comes with retrenchment payout tied to debit card spending and market-beating rate on funds; CEO targets 100,000 sign-ups in six months

    Published Wed, Sep 18, 2019 · 09:50 PM

    Singapore

    SINGAPORE insurance tech (insurtech) company Singapore Life is launching a hybrid product that combines savings, endowment insurance and layoff benefits.

    One of its key unique features is the embedding of a retrenchment benefit into an account that allows customers to both accumulate funds and spend through it, Singlife CEO and founder Walter de Oude told The Business Times.

    Insurance

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