What Is Life Insurance?
Life insurance is a complicated but important kind of insurance coverage. It mainly consists of two types - Whole Life...The mid-20s is the age when the majority, if not all, Singaporeans start to be financially independent. It is this period when you have minimal savings, and have to start paying for your bills. Given that you’re probably earning an entry-level income and have heavier expenses, would you want to add on an additional expense of life insurance premium to your plate? In this article, we will explore why individuals in their 20s might not want to take on a life insurance, and why that might not be the wisest choice. Table of Contents:
