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Singapore Life Approved as Fully Licensed Direct Life Insurer by MAS
Singapore Life Pte Ltd has been approved as a fully licensed direct life insurer by Monetary Authority of Singapore (MAS), making it as the first local insurer to be licensed since 1970. Singapore Life will provide alternative high net worth (HNW) solutions to individuals who prefer Singapore as a destination for their wealth and protection.
“making it as the first local insurer to be licensed since 1970.”
The Company will also soon offer life insurance solutions for all that can be easily purchased both digitally and through financial advisers.
News Source: Singapore Life Press Release
- Article continues below -
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About Singapore Life
Singapore Life is a life insurance company fully licensed by the Monetary Authority of Singapore – built on the belief that the world needs a better life insurer which uses technology to provide a better insurance experience. Singapore Life currently offers high net worth universal life solutions for those that prefer Singapore and the Singapore regulatory environment as a destination for their wealth and protection needs. The product range will soon expand to include protection solutions made available both digitally and through financial advisers, revolutionising how easy insurance can be. The Company incorporates multiple InsurTech solutions to improve the customer experience. Singapore Life represents the next generation of life insurance where customers are empowered through a simplified insurance purchase process.
- Origin: Singapore
Official Website: www.singlife.com
Updated on 8th August 2016
Managing $20 million to $3 billion. Investing $3 million to $300 million.
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