Insurance
General Insurance vs Life Insurance: What’s the Difference?
By Planner Bee  •  July 12, 2023
Adulting can be exciting until you have to make serious and difficult decisions, which include figuring out your insurance. It might not be fun but getting the right policies and coverage is definitely an important piece in the puzzle of adulting. With so many types of insurance, providers, and policy choices, many young Singaporeans tend to settle on whatever their insurance agent friend recommends. But just like any other financial product, knowing how to choose an insurance plan that suits you best will make sure you get the most bang for your buck. In this guide, we will introduce the various types of general and life insurance policies, compare the differences between them, and assist you in exploring which insurance you would need. What is General Insurance? General insurance is a broad umbrella term that refers to many different types of insurance, such as vehicle, home, and travel. It’s sometimes called Non-Life insurance,...
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By Planner Bee
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