Samuel Wong

Banking & Finance at Singapore Polytechnic

09 Oct 2020

∙

When I sign up for a SingLife account, am I automatically signed up for their insurance policies as well?

Just signed up for SingLife account but I’m wondering if I’m signed up for their insurance policies as well (which I do not want to be signed up for)

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Liv Helena Yeo

09 Oct 2020

OP, refer to the screenshot for the two types of coverage that you will have AUTOMATICALLY upon signing up. Since you already have a Singlife account, you can and should refer to the pdf files in your account for more details. Navigate as below:

1) ACCOUNT - DOCUMENTS - PRODUCT SUMMARY.PDF

2) ACCOUNT - DOCUMENTS - TERMS AND CONDITIONS.PDF

Hope it helps.

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Pang Zhe Liang

06 Oct 2020

Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)

Unlikely, unless you have opted in to their insurance policies. Don't think anyone here can give you the right answer. The best way is to call up Singlife for this purpose.

I share quality content on estate planning and financial planning here.

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Can someone enlighten me on what it means by it is an insurance policy account and not a bank account, such as Singlife? What are the cons as compared than opening a bank account for my emergency funds?

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Recommendation to get term insurance for 60yo? Would like to help check for insurances coverage as well; said person have personal accident + hospitalization rider only, which would be a good policy to go with these?

Is there any medical check up required for signing a life insurance policy? I understand that one must declare any pre-existing health condition when they sign up.?