How do I keep track of my many insurance policies since they are from various insurers? Do you recommend getting a wealth manager? Thank you!?

A simple way to start: one list, one row per policy, same columns every time: who is covered, insurer, policy number, what it covers, premium and how often you pay, when premium payments end, whether it is on GIRO, cash value if you stop it, and who the nominee is.

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You can also ask your adviser for a summary of what you hold with them, If some policies are with AIA, Great Eastern, HSBC Life, Income, Manulife, Prudential or Singlife, you can also pull a read-only list through SGFinDex with Singpass, using the app of a participating bank or insurer. I’m not a financial adviser, this is only about keeping records. I’m building a free beta called FamilyHub SG for exactly this, happy to share if useful.

Hi there. It is always very very helpful if you have an adviser who can consolidate your policies and recommend areas where you can save money or add on more coverage.

This is exactly what I do for my clients, aside from regular reviews. I cover 9 major insurers as well so there is higher chance I know what the policies from various insurers are about.

You can hit me up here if you like to find out more)