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Money Talks Podcast - Your parents bought you insurance - is it enough today?

23:35 Min

Taking over an insurance policy from your parents may seem straightforward, but many people do not fully understand what they are paying for or whether the coverage still suits their adult needs. Should you keep, upgrade or surrender these plans? Chan Wai Kit from Life Insurance Association Singapore explains how to assess inherited insurance policies.

Money Talks Podcast

Money Talks Podcast - Your parents bought you insurance - is it enough today?

02 Jun 2026 08:00am

Taking over an insurance policy from your parents may seem straightforward, but many people do not fully understand what they are paying for or whether the coverage still suits their adult needs. Should you keep, upgrade or surrender these plans? Chan Wai Kit from Life Insurance Association Singapore explains how to assess inherited insurance policies.

Money Talks Podcast

About the show:

Your weekly dose of personal finance with Andrea Heng. Here’s everything you need to know on how you can manage your money better.  

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