CIMB Bank recently spearheaded its inaugural insurance event, InsureXpo by CIMB Bank, at the prestigious Marina Bay Sands Expo & Convention Centre. This groundbreaking event served as a platform to unite major insurers and empower nearly 500 attendees with invaluable insights into Health, Wealth, Retirement, and Legacy Planning.
Backed by the support of five prominent insurers in Singapore – Singlife, Income, Tokio Marine, AIA, and Manulife – InsureXpo featured a lineup of distinguished speakers who delved into crucial topics surrounding insurance and financial planning strategies, guiding individuals through life’s inevitable ebbs and flows.
The morning sessions kicked off with discussions on the significance of commencing one’s wealth-building journey early, emphasizing the power of compounding to secure a financially stable future. As the day progressed, the focus shifted towards retirement and legacy planning, alongside poignant narratives shared by a cancer survivor highlighting the importance of critical illness protection.
A highlight of the event was the insightful panel discussion, where industry experts underscored the importance of adopting a holistic approach to insurance and financial planning. Participants were urged to envision their future lives and regularly review their insurance, financial portfolios, and legacy plans to adapt to evolving needs.
Moreover, the panelists shed light on strategies to mitigate inflation risks, explore overseas insurance coverage, and encouraged attendees to proactively enhance their financial well-being in accordance with the Basic Financial Planning Guide.
Addressing concerns about navigating the vast landscape of insurance options, panelists suggested seeking independent and objective advice from third-party experts. By doing so, individuals can access tailored solutions that align with their unique life goals and aspirations.
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