A Hard Lesson: Why Your Family’s Security Can’t Wait
Protecting your loved ones from life’s uncertainties is vital. For your family’s financial security, it’s never too early to start planning.
A personal story brings this home. My close friend passed away unexpectedly at 49. He was the sole provider for his wife and two young kids. I’d often spoken to him about the importance of basic insurance for his family’s security. However, like many people, he didn’t make it an immediate priority at the time. He also had no will or CPF nomination.
His passing was heartbreaking. On top of their grief, his wife faced immense stress accessing finances – bank savings, CPF, and paying bills – causing much distress to the family.
This painful experience shows that insurance isn’t just a policy; it’s crucial financial security for your family. It’s a safety net allowing loved ones to focus on healing, not sudden financial hardship.
It’s also vital to regularly review your insurance. As life changes (marriage, kids, a new home), your coverage needs to adapt to meet your family’s needs.
Proactive financial planning – including insurance, CPF nominations, and wills – means long-term security and peace of mind for your family in Singapore. My role is to help demystify these crucial steps and empower you to make informed decisions.
If this story resonates, please don’t wait. Let’s have a conversation about how you can protect your loved ones and ensure your financial affairs are structured to provide support, not stress, when it matters most.
Important: The information and opinions in this article are for general information purposes only. They should not be relied on as professional financial advice. Readers should seek unbiased financial advice that is customised to their specific financial objectives, situations & needs. This advertisement or publication has not been reviewed by the Monetary Authority of Singapore.
Published By:
Tay Irene
Navigating finances shouldn’t feel like diving into murky waters. With two decades in leadership roles and over a decade in financial advisory, I’ve honed a unique skill set: the operational rigor of hospitality meets the strategic foresight of financial planning. Whether you’re a young professional, a growing family, or a business owner, my goal is to help you see the big picture – and the steps to get there.
I specialize in helping business owners protect their assets and lower costs through tailored insurance solutions, particularly in motor insurance. For individuals, I focus on creating relatable, easy-to-understand plans that align with their unique situations.
Awarded the Financial Alliance Quality Class Award (2024) and trusted by 40 businesses and close to 200 individuals, I’m committed to making finance approachable. Let’s work together to turn your “what-ifs” into “what’s next” – because your goals deserve a roadmap as dynamic as you are.
CONTACT US
- 150 Beach Road #12-01/08, Gateway West Singapore 189720
- +65 62221889
- +65 62221019
- feedback@fa.com.sg
