i
You resign
New role, better package. Cover lapses on your last day. The new company's plan may carry a waiting period, fresh underwriting, or a lower multiple than you assume.
For professionals with a private property mortgage
Your company insures you
for 3× your salary.
Your home cost you 12×.
And the company cover ends the day you leave. A 15-minute review of what your group insurance actually pays, what disappears when you change jobs, and what it would cost to replace at your age today.
Jiajia · Licensed Adviser Representative, Promiseland Financial Advisory
Independent advice across 12 licensed insurers
- AIA
- Manulife
- Tokio Marine
- Income
- Singlife
- FWD
- Transamerica
- HSBC Life
01 The blind spot
Group cover is your employer's asset.
It was never yours.
Most professionals in Singapore carry two to four times annual salary in group term life through work, plus a company medical plan. It is free, it is automatic, and it is easy to file mentally under handled.
It isn't. It's a benefit attached to a job. When the job ends, so does the cover — typically within 30 days of your last working day. The mortgage it was quietly standing behind does not end with it.
02 When it bites
Four moments this stops being theoretical
ii
You're retrenched
The month you most need protection in place is precisely the month it disappears — alongside the income that was servicing the loan.
iii
You go independent
Consulting, a startup, your own practice. No group scheme at all, and no HR department quietly renewing it on your behalf each year.
iv
You turn 60 — or 65
Most group schemes terminate at the retirement age written into the policy. A 30-year mortgage taken at 40 does not.
03 The subtraction
Most people have never actually done this
Four numbers you already know. Nothing is sent anywhere — this runs entirely in your browser.
Your protection gap if you left your job tomorrow
$1,500,000
Cover you hold today
$900,000
Disappears with the job
−$600,000
Cover that remains
$300,000
Mortgage still outstanding
$1,800,000
Indicative only. A full review accounts for tenure, co-borrowers, CPF usage, dependants and existing riders.
04 The cost of waiting
You are not buying cover.
You are locking in your current health.
At 38 you are, most likely, a straightforward case. At 46, after one flagged reading at a routine health screening, you may be looking at premium loading, an exclusion, or a decline — and group cover, which never asked you a single health question, will no longer be there to obscure it.
This is why the structure of the policy matters more than the headline rate. The options below are what keep a decision made today from being re-litigated by an underwriter later.
05 The offer
What the Gap Check actually is
Fifteen minutes on a call — or a written summary if you'd rather not talk.
-
1
What your group cover pays — and when it terminates
Read against your actual policy schedule, not the summary slide from onboarding.
-
2
Your mortgage liability gap, as one number
Adjusted for co-borrowers, tenure, CPF usage and the cover you already hold personally.
-
3
What replacing it costs at your age today
Quoted across the insurers we're licensed to compare. Real figures, not a marketing rate.
No obligation to buy. If your existing cover is adequate, Jiajia will tell you that — and the review ends there.
06 Case notes
Two reviews, anonymised
Regional Director, technology
- Mortgage outstanding
- $2,100,000
- Group cover
- $750,000
- Personal cover (bought at 29)
- $300,000
- Gap on exit
- $1,800,000
Moved to a startup six months after the review. Had they not acted, they would have been carrying a $2.1M debt against a $300,000 policy written thirteen years earlier.
[Job title, industry]
- Mortgage outstanding
- [$]
- Group cover
- [$]
- Personal cover
- [$]
- Gap on exit
- [$]
[Two sentences: what triggered the review, and what changed as a result.]
07 Who you'll be speaking with
Jiajia
Licensed Adviser Representative · Promiseland Financial Advisory Pte Ltd
[Two or three sentences, first person. Why you focus on mortgage protection for professionals, and what a client can expect from the first conversation. Written in Jiajia's own voice — this is the paragraph people read before deciding to book.]
- MAS Rep. No.
- [REP NO]
- Years in practice
- [X]
- Reviews completed
- [X]
- Insurers compared
- 12
08 What it costs
Priced for your age, not for a headline
Term cover to age 65, non-smoker, standard health. Your actual premium depends on age, health, term and sum assured.
| Age at entry | $1,000,000 cover | $1,500,000 cover | $2,000,000 cover |
|---|---|---|---|
| 35 | $[XX]/mth | $[XX]/mth | $[XX]/mth |
| 40 | $[XX]/mth | $[XX]/mth | $[XX]/mth |
| 45 | $[XX]/mth | $[XX]/mth | $[XX]/mth |
| 50 | $[XX]/mth | $[XX]/mth | $[XX]/mth |
30% lifetime premium discount applies for the full duration of the policy, not an introductory period. Terms and conditions apply.
Critical illness and cancer riders can be added; indicative costs are provided in your review rather than advertised here, because they move sharply with age.
09 Reasonable objections
Before you fill anything in
I already have a policy from years ago.
Most people do — usually bought before the property, often for a sum assured that made sense against a very different balance sheet. The review compares what you hold against what you now owe. If it still covers you, that's the answer and we're done.
Is this just a sales call?
It's a call that may end in a recommendation. Jiajia is a licensed representative and is remunerated by the insurer if you proceed — that's disclosed up front, as MAS requires. What you're owed regardless is an accurate number, and you get that whether or not you buy anything.
I'm healthy and my job is stable.
Both are reasons to review it now rather than later. Underwriting prices the health you have on the day you apply, and locks it in. Stability is the cheapest time to buy; it is not a substitute for cover.
What happens to my data?
It's used to prepare your review and to contact you about it. Nothing is sold or passed to third parties beyond the insurers required to produce a quotation, and you can ask for it to be deleted at any time.
Request your Group Cover Gap Check
Six short fields. Jiajia replies personally, usually within one working day.