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BT Money Hacks Podcast: Critical illness insurance evolution crucial during Covid-19 pandemic

BT Money Hacks Podcast: Critical illness insurance evolution
Photo Source: BT Money Hacks Podcast

This episode covers insurance, a risk management fundamental you need to sort out before considering more advanced money hacks. Find out why critical illness insurance is more crucial than ever during this pandemic, in this episode brought to you by Great Eastern.

BT's digital editor Chris Lim hosts Colin Chan, managing director of Group Marketing at Great Eastern, who explains the following:

  1. What is critical illness insurance and where it sits in your insurance portfolio (0:44)

  2. Understanding the latest multi-pay critical illness plan (3:12)

  3. How such a plan can continue to cover you even after you suffer from your first critical illness (4:50)

  4. Ensuring continued critical coverage given that illnesses are happening at a younger age (8:30)

  5. The percentage top-up premium needed to ensure continued multi-pay critical illness coverage (9:35)

Listen to the podcast.

 

This podcast was first published on BT Money Hacks on 10 May 2021.

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Great Eastern Holdings Ltd | Great Eastern Life Assurance Co Ltd | Great Eastern General Insurance Ltd