Wealth Tracker: Why high-net-worth and affluent individuals are increasingly looking towards IULs

Forget traditional life insurance. Singapore’s wealthy are now eyeing hybrid policies that promise growth and protection. Indexed Universal Life (IUL) products, tied to indices like the S&P 500, are gaining traction, offering life cover alongside wealth accumulation, tax perks, and legacy planning.  But how do these products really fit into a broader portfolio, and what’s next for this growing market? On Wealth Tracker, Hongbin Jeong speaks to Cassandra Wee, Managing Director (Singapore) of Poni Insurtech and Executive Director and CEO of Poni Financial Advisory Pte. Ltd, to find out more.See omnystudio.com/listener for privacy information.