Most people spent huge amount of money paying insurance premium but actually they are underinsured because they bought "junk" policies. You should examine your needs and source for the solutions. In most cases, people look at the "solutions" and try to fit their needs. This is the wrong way and almost guarantees huge premium into junk policies.
You may like to know that the pricing of insurance differs significantly from insurer to insurer. Never assume that the insurer you know is the most competitive. There are more than 12 life insurers in Singapore, do not limit yourself to just one or two. Your premium saving could significantly be reduced through the choice of selecting the appropriate and cost competitive policies from the most competitive insurer
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