Indexed life plans rise as Singapore heirs shun family firms

Article Publish Date: August 11, 2025

Wealthy families in Singapore are turning to flexible life insurance plans that also earn interest to manage wealth transfer, as fewer children opt to take over the family business.

“In terms of wealth transfer, that’s another big issue that some of our clients are facing,” Katherine Ho, managing director at Lioner International Group Ltd., told Insurance Asia, noting that many of their clients have family members who live overseas and have chosen different career paths.

As a result, estate planning is shifting away from handing down businesses to managing inheritance and family finances, she said via Zoom.

More families are looking for tools with more flexibility and stability, such as indexed universal life (IUL) policies, which are linked to stock market performance but protect against losses, she added. Read the full article by Olivia Tirona at: https://insuranceasia.com/insurance/exclusive/indexed-life-plans-rise-singapore-heirs-shun-family-firms Disclaimer: This article is the intellectual property of its original author and publisher. We do not edit, create, or claim ownership of this content. All rights remain with the original author and publisher. This link is provided solely for reference and informational purposes. If you are the rights holder and believe your work has been misused, please contact us and we will remove the link promptly.