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Singapore Life Launches New Suite of Life Insurance Products
Singapore Life, the first independent insurer in Singapore to be licensed since 1970, has launched a new suite of life insurance products. The new insurance products are Term Life and Critical Illness plans, vanilla term insurance, a deliberate departure from the many new products in the market compounded with various interesting, but equally complicated features.
” Singapore Life Launches New Suite of Life Insurance Products “
Singapore Life features robust digital robo-underwriting and identity verification capabilities that dynamically expedites the application and approval process. The purchase journey with Singapore Life is intuitive and secure, can be done without another person’s assistance, and is usually free of the hassle of going for a medical test.
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Mr Walter de Oude, Chief Executive Officer, Singapore Life:
“People deserve a better solution for their life insurance needs – accessible, un-convoluted and fast. As a preferred Singaporean alternative, Singapore Life simplifies both the product and life insurance process to remove any deterrent for people to get the protection they need. We take the efficiencies from technology to offer better value to the insurance journey – making it more efficient, transparent and flexible to their needs”
Source: Official Press Release
About Singapore Life
Singapore Life
Singapore Life is a life insurance company fully licensed by the Monetary Authority of Singapore – built on the belief that the world needs a better life insurer which uses technology to provide a better insurance experience. Singapore Life currently offers high net worth universal life solutions for those that prefer Singapore and the Singapore regulatory environment as a destination for their wealth and protection needs. The product range will soon expand to include protection solutions made available both digitally and through financial advisers, revolutionising how easy insurance can be. The Company incorporates multiple InsurTech solutions to improve the customer experience. Singapore Life represents the next generation of life insurance where customers are empowered through a simplified insurance purchase process.
Managing $20 million to $3 billion. Investing $3 million to $300 million.
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