Money Hacks Ep 74: Why insurance is good risk management during uncertain times

10:42 min

Synopsis: Updated fortnightly on Mondays, The Business Times breaks down useful financial tips.

This episode is aimed at how to understand basic personal risk management amid the market turmoil this year.

Host Chris Lim speaks remotely with SingSaver's founder and country manager Rohith Murthy.

They tackle the following points:
Accept the reality that Covid-19 is a serious threat to income and jobs, and how to assess your finances (3:20)
Typical financial journey of a Singaporean or Permanent Resident here (4:30)
Why insurance is still seen here as a grudge purchase, and why it is more important in a world of uncertainty (5:15)
Establish the risk to your income, cash and health needs; ensure you have the right affordable policy to be protected (6:40)

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

Follow Money Hacks Podcast series and rate us on:

Channel: http://bt.sg/btmoneyhacks

Apple Podcasts: http://bt.sg/oeXe

Spotify: http://bt.sg/oeGN

Google podcasts: http://bt.sg/oeGd

Website: http://bt.sg/moneyhacks

Feedback to: podcast@sph.com.sg

Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

Money Hacks Ep 74: Why insurance is good risk management during uncertain times
10:42 min
Synopsis: Updated fortnightly on Mondays, The Business Times breaks down useful financial tips.
This episode is aimed at how to understand basic personal risk management amid the market turmoil this year.
Host Chris Lim speaks remotely with SingSaver's founder and country manager Rohith Murthy.
They tackle the following points:
<ol>
<li dir="ltr">Accept the reality that Covid-19 is a serious threat to income and jobs, and how to assess your finances (3:20)</li>
<li dir="ltr">Typical financial journey of a Singaporean or Permanent Resident here (4:30)</li>
<li dir="ltr">Why insurance is still seen here as a grudge purchase, and why it is more important in a world of uncertainty (5:15)</li>
<li dir="ltr">Establish the risk to your income, cash and health needs; ensure you have the right affordable policy to be protected (6:40)</li>
</ol>
Produced by: Chris Lim and Ernest Luis
Edited by: Adam Azlee
Follow Money Hacks Podcast series and rate us on:
Channel: <a dir="ltr" href="https://www.google.com/url?q=http://bt.sg/btmoneyhacks&amp;sa=D&amp;source=hangouts&amp;ust=1592908509673000&amp;usg=AFQjCNGF1AFQT2ih68H-oAHIZAan_eDP4w" data-display="http://bt.sg/btmoneyhacks" data-sanitized="https://www.google.com/url?q=http://bt.sg/btmoneyhacks&amp;sa=D&amp;source=hangouts&amp;ust=1592908509673000&amp;usg=AFQjCNGF1AFQT2ih68H-oAHIZAan_eDP4w">http://bt.sg/btmoneyhacks</a>
Apple Podcasts:&nbsp;<a href="https://bt.sg/oeXe" data-saferedirecturl="https://www.google.com/url?q=https://bt.sg/oeXe&amp;source=gmail&amp;ust=1584171740596000&amp;usg=AFQjCNFy1-8Bu6nn0MdNsOURSaZ5drQuKQ">http://bt.sg/oeXe</a>
Spotify:&nbsp;<a href="https://bt.sg/oeGN" data-saferedirecturl="https://www.google.com/url?q=https://bt.sg/oeGN&amp;source=gmail&amp;ust=1584171740596000&amp;usg=AFQjCNE03zuAjX6Yri9eJjh6poxgkpOV9Q">http://bt.sg/oeGN</a>
Google podcasts:&nbsp;<a href="https://bt.sg/oeGd" data-saferedirecturl="https://www.google.com/url?q=https://bt.sg/oeGd&amp;source=gmail&amp;ust=1584171740596000&amp;usg=AFQjCNE8G6WaiS1FacjInedDgPHdMjt4fw">http://bt.sg/oeGd</a>
Website:&nbsp;<a href="https://bt.sg/moneyhacks" data-saferedirecturl="https://www.google.com/url?q=https://bt.sg/moneyhacks&amp;source=gmail&amp;ust=1584171740596000&amp;usg=AFQjCNE9jlvKSke6ivbqi-YiGUen3kfCuA">http://bt.sg/moneyhacks</a>
Feedback to:&nbsp;<a href="mailto:podcast@sph.com.sg">podcast@sph.com.sg</a>
Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

Synopsis: Almost every weekday, our ALL-IN-ONE channel showcases discussions on Singapore youth perspectives and social issues, geopolitics through an Asian lens, health, climate change, personal finance and career.

Follow our shows on your favourite audio apps Apple Podcasts, Spotify or even ST's app, which has a dedicated podcast player section.

Produced by podcast editor Ernest Luis & The Straits Times, SPH Media.

Synopsis: Almost every weekday, our ALL-IN-ONE channel showcases discussions on Singapore youth perspectives and social issues, geopolitics through an Asian lens, health, climate change, personal finance and career.
Follow our shows on your favourite audio apps Apple Podcasts, Spotify or even ST's app, which has a dedicated podcast player section.
Produced by podcast editor Ernest Luis &amp; The Straits Times, SPH Media.

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