Money and Me: Sinkholes, Acts of God, and Climate-Proofing Singapore

What if the ground beneath your feet gave way—are you covered? A sinkhole along Tanjong Katong South Road jolted Singaporeans into asking tough questions: if you fall victim to such an event, will insurance step in—or will the dreaded “Act of God” clause shut the door? As Singapore turns 60, Money and Me zooms in and out—from personal compensation to national climate resilience. Host Michelle Martin speaks with Elijah Lee, Senior Financial Services Manager at Phillip Securities, to unpack insurance policies, legal definitions, and the evolving landscape of climate risk protection. From sinkholes to catastrophe bonds, it’s time to rethink how Singapore prepares for the unpredictable—hosted by Michelle Martin.See omnystudio.com/listener for privacy information.