Begin your parenting journey on the right foot 

Reduce the financial burden arising from pregnancy complications with maternity coverage for peace of mind. 

One of the first few steps to take as a parent-to-be is to be protected against financial consequences due to pregnancy complications. A key benefit of Maternity Insurance is that it guarantees your child's future insurability, even if they are born with a medical condition. Maternity insurance also covers you against certain pregnancy complications and costly treatments.

Expectant mothers can purchase Maternity Insurance as early as 13 weeks into their pregnancy but not more than 35 weeks into pregnancy. The earlier you obtain maternity coverage, the better peace of mind you'll enjoy throughout the journey of bringing your baby to full term. 

Features of Maternity Plan: 

Ensure Your Child is Covered

Provide relief from financial burden in case of unexpected events. 

Buying insurance for your child as early as possible when they are young and healthy will help you save money in the long run. The cost of premiums may increase, or the insurer may restrict coverage if your child is diagnosed with an illness before buying insurance. 

Some protection policies for your child include Medical Insurance, Critical Illness Coverage, Whole Life Coverage and Personal Accident Plans. 

Fund Your Child's Education Needs

Studying in Singapore can be very competitive. Give your child the best education they deserve.

Your child depends on you and your plans for their future. They may have a passion or talent that only an overseas education or opportunity can provide. Save early for your child's education needs and let compounding interests work to your advantage.

Saving for your child's education requires a lot of self-discipline – which not many of us have. Fortunately, there are Endowment Savings Plans to help you to save consistently. You can decide how much you wish to save and when these funds become available to your child. 

Features of Endowment Savings Plan:

Secure your child’s future

Your loved ones should not be financially burdened in the event of your untimely demise or total and permanent disability.

An Income Replacement Plan helps cover any loss of income due to your untimely death or total and permanent disability. It ensures your loved ones continue to live their lives without financial worry or burden.

A Good Income Replacement Plan should include:

1. 1. 1. Death and Terminal Illness Coverage
      2. Total & Permanent Disability Payouts
      3. Critical Illness Coverage
      4. Personal Accident Coverage & Medical Reimbursement
         
         

This post has not been reviewed by the Monetary Authority of Singapore. Do note that investments are subject to investment risks including the possible loss of the principal amount invested.

Buying a life insurance plan is a long-term commitment on your part. If you cancel your plan prematurely, the cash value you receive may be zero or less than the premiums you have paid for the plan.