Inheriting parents’ insurance policies

What happens when you inherit a policy?

What to review first

Is inherited coverage enough?

First thing young adults should do

Taking over an insurance policy from your parents may seem straightforward, but many people do not fully understand what they are paying for or whether the coverage still suits their adult needs. Should you keep, upgrade or surrender these plans? Chan Wai Kit from Life Insurance Association Singapore explains how to assess inherited insurance policies.

Taking over an insurance policy from your parents may seem straightforward, but many people do not fully understand what they are paying for or whether the coverage still suits their adult needs. Should you keep, upgrade or surrender these plans? Chan Wai Kit from Life Insurance Association Singapore explains how to assess inherited insurance policies.

Your weekly dose of personal finance with Andrea Heng. Here’s everything you need to know on how you can manage your money better. 

The views and opinions shared during this podcast series are those of the hosts and guests and do not necessarily reflect the views of Mediacorp Pte. Ltd. or its group of companies.

Your weekly dose of personal finance with Andrea Heng. Here&rsquo;s everything you need to know on how you can manage your money better.&nbsp;
The views and opinions shared during this podcast series are those of the hosts and guests and do not necessarily reflect the views of Mediacorp Pte. Ltd. or its group of companies.

Money Talks

Your weekly dose of personal finance with Andrea Heng. Here’s everything you need to know on how you can manage your money better.  

Your weekly dose of personal finance with Andrea Heng. Here’s everything you need to know on how you can manage your money better. &nbsp;