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BT Money Hacks: Critical illness coverage - insurance for your income (Ep 129)

    • How affordable is critical illness coverage? Correspondent Howie Lim finds out from Colin Chan from Great Eastern.
    • How affordable is critical illness coverage? Correspondent Howie Lim finds out from Colin Chan from Great Eastern. SPH
    Published Mon, Oct 17, 2022 · 05:52 AM

    Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips.

    How can you make sure you don’t suffer ‘lost earnings’ from having to take time off work to recover from an illness? And how affordable is critical illness coverage in this inflation-riddled environment?

    For more insights, correspondent Howie Lim speaks to Colin Chan, managing director for group marketing at Great Eastern.

    This episode is brought to you by Great Eastern.

    Highlights of the conversation:

    01:53 The concerning critical illness insurance gap

    04:44 The lingering misconceptions debunked

    08:31 Affordability of C.I. plans

    09:56 C.I. coverage continues to evolve

    12:19 How to reframe the message

    Produced by: Howie Lim (howielim@sph.com.sg) and Claressa Monteiro

    Edited by: Howie Lim

    More about:

    Great Eastern

    Critical Illness Coverage

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