Wealth accumulation can be seriously impeded by Critical Illness [FD 185 Sponsored by FWD Singapore]

Many Singaporeans follow this path, work, save, invest, and accumulate. This is not the easiest path for many, we strive hard to do better at every turn, from being smarter shoppers, better money managers and even constantly up-skilling to be sexy in the labour market. The last thing we want is for our efforts to be thrown out.Critical illness is one such fear, it can readily empty our bank accounts. Hence many consider critical illness insurance as a risk management strategy that we just cannot avoid. BUT how do we move away from sob stories and actually think about CI Insurance? Where does it sit in our broader financial plan and how much coverage do we really need? Haven't we got enough? ><Today's episode is sponsored by FWD Singapore and they are offering everyone 40% off all their CI products! Check it out at https://linktr.ee/thefinancialcoconutDisclaimer: The content in The Financial Coconut is solely for educational and entertainment purposes. It does not serve as any form of advice or recommendations.--The Financial Coconut started out as a reaction to online fake gurus propagating over simplified get rich quick programmes & a desire to share best practices revolving around personal finance which has since turned into a network of content championing the idea of creating a life you love while managing your finances well.Learn about our eventsHelp us get to know you better: http://bit.ly/thefinancialcoconut-survey Hosted on Acast. See acast.com/privacy for more information.