Advertisement

Anonymous

22 Sep 2022

∙

Hi. my company has 3 directors. we want to protect each other. Can i buy a personal term insurance and put my directors as nominees?

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Jenny Lee

23 Sep 2022

Yes, you can. Alongside with that, do prepare Buy Sell Agreement in the event one is unable to perform his duties (eg. Pass on, disabled or critically ill)

Reply

Save

Write your thoughts

Related Posts

I want a plan that can guarantee 3kSGD payout per month. Should I buy 1 plan from 1 Insurance provider or buy a few plans from various providers ( 1500 SGD payout from 2 companies or 1000 SGD payout from 3 companies ) to diversify any risk ?

Hi. Does insurance companies buy insurance the sellers to protect them from bankruptcy?

Should I still buy insurance if my companies has pretty good health coverage (group hospitalisation, group term life, group dental, group personal accident, group outpatient etc.)?

Hi just want to make sure i understand properly. If i buy a life insurance with 1 million SA. Few years later the insuer bankrupt. i am protected 500k SA and up to 100k surrender value?

Hi. What is the different between Group Term insurance vs Personal Term Insurance? Is Group term 3x 4x cheaper?

Related Posts

I want a plan that can guarantee 3kSGD payout per month. Should I buy 1 plan from 1 Insurance provider or buy a few plans from various providers ( 1500 SGD payout from 2 companies or 1000 SGD payout from 3 companies ) to diversify any risk ?

Hi. Does insurance companies buy insurance the sellers to protect them from bankruptcy?

Should I still buy insurance if my companies has pretty good health coverage (group hospitalisation, group term life, group dental, group personal accident, group outpatient etc.)?

Hi just want to make sure i understand properly. If i buy a life insurance with 1 million SA. Few years later the insuer bankrupt. i am protected 500k SA and up to 100k surrender value?

Hi. What is the different between Group Term insurance vs Personal Term Insurance? Is Group term 3x 4x cheaper?

Advertisement