Advertisement
Discussion (2)
Learn how to style your text
Pang Zhe Liang
28 Jul 2020
Lead of Research & Solutions at Havend Pte Ltd
Reply
Save
PolicyPal
28 Jul 2020
Official Account at PolicyPal
Yes, you can, you can buy Direct Purchase Insurance (DPI) directly from Life Insurance Company. This will spare you the distribution cost to the Finacial Advisory representative (Insurers, Financial Advisory Firm, Financial Advisory Representative). You can identify DPI products by the prefix "DIRECT" in their product name.
However, do note that you can only insure yourself up to $400,000 per insurer for DPI. It is also advisable that you engage a financial advisor to ensure that you are adequately briefed on the products.
Do get in touch with us if you have any questions.
Reply
Save
Write your thoughts
Related Articles
Related Posts
Related Products
4.7
10 Reviews
FWD Term Life Plus Insurance (Renewable Term)
$1,500,000
MAX SUM ASSURED
5 years
PREMIUM TERM
Death, Terminal Illness
COVERAGE
4.3
3 Reviews
5.0
1 Reviews
Related Posts
Advertisement
Yes, you can. Typically they are call direct purchase insurance. Here is some information about it: https://www.moneysense.gov.sg/articles/2018/10/...
I share quality content on estate planning and financial planning here.