
Your parents bought you insurance - is it still enough today?
From Money Talks by CNA
June 1, 2026 · 24 min · Season 5 · Episode 10
About this episode
The episode discusses the complexities of managing inherited insurance policies and how to determine their relevance to adult needs.
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. See omnystudio.com/listener for privacy information.
People in this episode
Guest: Chan Wai Kit
Topics covered
- insurance policies
- inheritance
- financial planning
- coverage assessment
- adult needs
Keywords
- insurance
- inheritance
- coverage
- financial needs
- policy assessment
Mentioned in this episode
Organizations: Life Insurance Association Singapore
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- What’s driving financial anxiety in Singapore? · May 11, 2026 · 22 min
- Are safe-haven assets still safe? · May 4, 2026 · 25 min
- Buying the dip during uncertain times · April 27, 2026 · 25 min
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