Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips.

How can you make sure you don’t suffer ‘lost earnings’ from having to take time off work to recover from an illness? And how affordable is critical illness coverage in this inflation-riddled environment?

For more insights, correspondent Howie Lim speaks to Colin Chan, managing director for group marketing at Great Eastern.

This episode is brought to you by Great Eastern.

Highlights of the conversation:

01:53 The concerning critical illness insurance gap

04:44 The lingering misconceptions debunked

08:31 Affordability of C.I. plans

09:56 C.I. coverage continues to evolve

12:19 How to reframe the message

Produced by: Howie Lim (howielim@sph.com.sg) and Claressa Monteiro

Edited by: Howie Lim

More about:

Great Eastern

https://www.greateasternlife.com/sg/en/about-us.html

Critical Illness Coverage

https://www.greateasternlife.com/sg/en/personal-insurance/our-products/health-insurance/great-critical-cover.html

How to donate

www.giving.sg/campaigns/SCS_Return_to_Role_Programme

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Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.

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S1E129: Critical illness coverage: Insurance for your income - BT Money Hacks (Ep 129)

BT Money Hacks

S1E129: Critical illness coverage: Insurance for your income - BT Money Hacks (Ep 129)