The Life Insurance Association of Singapore (LIAS) today announced additional covid-19 measures designed to support policyholders as the initial six-month deferred premium payment (DPP) scheme ends on 30 September 2020. A second deferral window will be open for new applications from 1 October to 31 March 2021, the industry body annoucned this morning. Policyholders who signal they are in financial difficulties can apply for premium deferment of up to six months if their premium due date or policy renewal date falls between 1 October 2020 and 31 March 2021. Only policies which are not...
To continue reading this article...
Join International Investment
Signup and gain exclusive members-only insights
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes
