Buying life insurance? Here's more information

Two new documents aim to help buyers make informed choices

The new information, which comprises a Cover Page and a Bundled Product Disclosure Document, concern life insurance plans that typically bundle protection coverage and an investment component (in a participating life fund) such as whole life and endo
The new information, which comprises a Cover Page and a Bundled Product Disclosure Document, concern life insurance plans that typically bundle protection coverage and an investment component (in a participating life fund) such as whole life and endowment plans. ST PHOTO: LIM YAOHUI
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More information is now on hand for people planning to buy life insurance.

Two new documents have been added to the already large mix of documents to help consumers make informed decisions on what may be a major financial commitment.

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A version of this article appeared in the print edition of The Straits Times on August 06, 2018, with the headline Buying life insurance? Here's more information. Subscribe