YOU ARE IN PERSONAL BANKING
At this stage of life, you might not have any plans to get married and start a family, but this might change in the future. You’re also probably contributing to your household now that you have an income. Most families would struggle to keep things afloat if a family member developed a serious illness or is no longer able to sustain a steady income. This is why it is essential to ensure you have the right level of financial protection and insurance in place.
Why might you need protection?
Common reasons for setting up financial protection include:
Get the right insurance policy
Applying for an insurance policy can be a daunting task especially with the wide array of insurance products available in the market. This is why it’s important for you to revise your personal circumstance to make sure you get one that’s right for you.
Do your research
It’s easy to just opt for the cheapest plan available, but you need to know what each policy will cover you for so that you choose one that best suits your needs. Meeting with a financial planner can help you understand your finances and help curate a plan that best suits your current situation.
Ongoing reviews
As your life circumstances change, the types of financial protection and insurance policies will also need to be reviewed to ensure that they are still suitable. These changes can range from major lifestyle changes such as starting a family to smaller changes such as starting a small business or taking out a loan to start up a business. You should speak to a financial planner to review your protection and coverage whenever you are going through a change in your life.
It’s tempting to think that you’ll never need insurance, but tragedies can happen to everyone. Most young adults avoid getting insurance due to the cost, but protection insurance is generally cheaper than most people assume and at least some coverage is better than having none at all. Life insurance policies can provide you with coverage from just a few dollars a month. Surely peace of mind and financial security for you and your family outweighs the cost of an insurance policy.
GET IN TOUCH WITH US
Contact our customer support team if you have any further questions. We are here to help you.
A new change is coming
We will be introducing a new online business banking service, bringing new and improved features to enhance your experience with us. The new service will be rolled out to all customers in phases and our existing Baiduri Business i-Banking service will remain available to you, until such time you have been successfully migrated to the new service.
What you need to do now
To minimise any disruptions to the new service rollout, it is important that we have a record of the most current and valid details of all your existing Baiduri Business i-Banking user(s). This information is mandatory to allow your existing user(s) to proceed with first-time login to the new online business banking service.
Important update
Important notice: Our Business i-Banking service will be deactivated soon. To ensure continued access and a smooth transition to the new Baiduri b.Digital Business, please provide your full name, IC, email address and mobile number via Business i-Banking Inbox. If we do not receive updated details from all authorised users, your company will not be migrated to the new platform and a fresh application will be required. For assistance, contact us at [email protected] or call 2268 637/8/9 during business hours. Thank you for your cooperation.
Important notice: We have updated the Baiduri b.Digital Personal mobile app on 21 August 2023.
