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A digital life insurance calculator is launched in Singapore

The Singapore Life Insurance Association (LIA) has launched a digital calculator for greater customer convenience, reports THE BUSINESS TIMES.
A digital life insurance calculator is launched in Singapore

The calculator allows consumers to find out how much money needs to be saved for a specific refund. An artificial intelligence informs people on possible problems and the amount of financial resources needed to solve them when downloading data.

The calculator offers four clauses of the questionnaire, and the forecast accuracy depends on a potential client’s honesty. The survey covers person’s habits and preferences, his family, financial obligations and resources.

Source: https://www.businesstimes.com.sg/banking-finance/digital-life-insurance-calculator-launched-for-consumers-to-gauge-protection-needs
Photos are from open sources.

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