Money Hacks Ep 75: Insurance - term vs whole life, what makes sense amid Covid-19?

10:53 min

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

This episode is aimed at how investors can manage risk and insurance during the Covid-19 pandemic.

Host Chris Lim speaks remotely with bionic financial adviser MoneyOwl's chief executive and chief investment officer Chuin Ting Weber.

She explains the following points:

1. Why the role of insurance is protection (2:40)

2. Why our most important financial asset is our income (3:45)

3. What does it mean to be comprehensively insured? (5:45)

4. Why term insurance is more affordable and preferable till your planned retirement age and you no longer have dependents (7:00)

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

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Channel: http://bt.sg/btmoneyhacks

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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.

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Discover more BT podcast series:

BT Mark To Market Podcast on: http://bt.sg/btmark2mkt

WealthBT Podcast on: http://bt.sg/btwealthbt

BT Podcasts on: http://bt.sg/podcasts

Follow our shows then, if you like short, practical podcasts!

Money Hacks Ep 75: Insurance - term vs whole life, what makes sense amid Covid-19?
10:53 min
Synopsis: Updated fortnightly on Mondays, The Business Times breaks down useful financial tips.
This episode is aimed at how investors can manage risk and insurance during the Covid-19 pandemic.
Host Chris Lim speaks remotely with bionic financial adviser MoneyOwl's chief executive and chief investment officer Chuin Ting Weber.
She explains the following points:
1. Why the role of insurance is protection (2:40)
2. Why our most important financial asset is our income (3:45)
3. What does it mean to be comprehensively insured? (5:45)
4. Why term insurance is more affordable and preferable till your planned retirement age and you no longer have dependents (7:00)
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: <a dir="ltr" href="https://www.google.com/url?q=http://bt.sg/oeGP&amp;sa=D&amp;source=hangouts&amp;ust=1603533060533000&amp;usg=AFQjCNHXkdmCPQmre9OK0lG9GTRhjWEDtQ" data-display="http://bt.sg/oeGP" data-sanitized="https://www.google.com/url?q=http://bt.sg/oeGP&amp;sa=D&amp;source=hangouts&amp;ust=1603533060533000&amp;usg=AFQjCNHXkdmCPQmre9OK0lG9GTRhjWEDtQ">http://bt.sg/oeGP</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.
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Discover more BT podcast series:
BT Mark To Market Podcast on:&nbsp;<a href="http://bt.sg/btmark2mkt" data-saferedirecturl="https://www.google.com/url?q=http://bt.sg/btmark2mkt&amp;source=gmail&amp;ust=1621580726541000&amp;usg=AFQjCNFwN2lIVswwcQzU9eHb-Ibx47RktA">http://bt.sg/btmark2mkt</a>
WealthBT Podcast on: <a href="http://bt.sg/btwealthbt">http://bt.sg/btwealthbt</a>
BT Podcasts on:&nbsp;<a href="http://bt.sg/podcasts" data-saferedirecturl="https://www.google.com/url?q=http://bt.sg/podcasts&amp;source=gmail&amp;ust=1621586278355000&amp;usg=AFQjCNFlElxxRquebsDQVCEgxs9ndnigtw">http://bt.sg/podcasts</a>
Follow our shows then, if you like short, practical podcasts!

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

Podcaster: Howie Lim

Produced by The Business Times, SPH Media Trust.

Synopsis: Every first and third Monday of the month, The Business Times breaks down useful personal financial tips with expert guests.
Podcaster: Howie Lim
Produced by The Business Times, SPH Media Trust.

BT Money Hacks

Every first and third Monday of the month, The Business Times breaks down useful personal financial tips with expert guests.

Podcaster: Howie Lim

Produced by BT Podcasts, The Business Times, SPH Media.

Every first and third Monday of the month, The Business Times breaks down useful personal financial tips with expert guests.
Podcaster: Howie Lim
Produced by BT Podcasts, The Business Times, SPH Media.

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