Online life insurance comparison portal to be launched on April 7
It’s a joint effort by LIA and MAS.
The Life Insurance Association Singapore (LIA) and the Monetary Authority of Singapore (MAS) will launch an online portal that will allow consumers to compare life insurance products starting April 7.
Called compareFIRST, the site will make information on life insurance accessible and easy-to-compare so that consumers can make better informed choices.
The LIA and MAS will also introduce a suite of new life insurance plans - the Direct Purchase Insurance or DPI - to cater to the diverse consumers and their needs.