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Safeguard what matters most with this ultimate protection guide
Many of us get so busy with our daily lives we don’t take time to consider about the importance of protection from unexpected adverse situations.
Yet, life throws unexpected situations at us all the time. Some we like, for example winning a lucky draw prize, and others we don’t. Our household income and expenses may be impacted by an illness of someone in the family, or in a more serious situation, the death of the breadwinner of a family. Outstanding loans still need to be repaid, and large sums of money may be required for our children’s education.
While we cannot prevent such situations, we can opt to give ourselves a bit of protection. Protection is not all that complicated once you get down to it.
Here’s a quick look at the precautions you can take to protect yourself and your loved ones, as well as any gaps you may need to take note of.
This article is brought to you by Standard Chartered Bank (Singapore) Limited. All information provided is for informational purposes only.
This article is for general information only and it does not constitute an offer, recommendation or solicitation of an offer to enter into any transaction or adopt any hedging, trading or investment strategy, in relation to any securities or other financial instruments. This article has not been prepared for any particular person or class of persons and does not constitute and should not be construed as investment advice or an investment recommendation. It has been prepared without regard to the specific investment objectives, financial situation or particular needs of any person or class of persons. You should seek advice from a licensed or an exempt financial adviser on the suitability of a product for you, taking into account these factors before making a commitment to purchase any product or invest in an investment. In the event that you choose not to seek advice from a licensed or an exempt financial adviser, you should carefully consider whether the product or service described herein is suitable for you. You are fully responsible for your investment decision, including whether the investment is suitable for you. The products/services mentioned are not principal-protected and you may lose all or part of your original investment amount. Standard Chartered Bank (Singapore) Limited will not accept any responsibility or liability of any kind, with respect to the accuracy or completeness of information in this article. Investment products are not deposits and each of the investment products mentioned do not qualify as an insured deposit under the Singapore Deposit Insurance and Policy Owners’ Protection Schemes Act 2012, Rev. Ed. Cap 77B.