Your parents bought you insurance - is it still enough today?

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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