How much health insurance do I need?

[Extracted from Life Insurance Association of Singapore’s website]

When deciding the amount of health insurance to purchase, you should consider the quality of healthcare service and the level of income protection that you would want should you fall ill or become disabled.  If you have a family, you should also consider how much your spouse and children require for their daily needs if you are unable to provide income for them over an extended period of time.

Finding a balance between purchasing enough cover and your ability to continue paying the premiums over the long term can be challenging, therefore, it is important that you seek the advice of your FA representative if you are unsure.