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Happy young couple jogging in the park. Photo: iStock
Happy young couple jogging in the park. Photo: iStock

Yoga class. Meditation. Calling a friend. And having holistic insurance coverage.

All these are activities that can provide a big wellness boost and enrich your lifestyle in a positive way. And while life’s busy, it shouldn’t get in the way of living well. You should always remember to engage in some form of self-care to preserve your own physical and mental health.

Getting insurance might just give you a little nudge in the right direction. It is an effective step for feeling secure in difficult times – and it’s equally important during the good times too.

Trusted psychological studies from researchers and experts all over the world – America, Kenya and New Zealand — show that having insurance is excellent for one’s mental well-being, reducing stress and cortisol levels over the long run. In other words, it provides a firm footing from which you and your loved ones can stretch, take a deep calming breath and live life to the fullest.

Here are some other ways how having insurance can provide a huge wellness boost for your lifestyle.

1. Giving you and your loved ones peace of mind

Nurturing yourself is not selfish, it’s essential to your survival and your well-being.

As social creatures, the well-being of others, especially your loved ones, can also affect your emotional health. By taking the initiative and spending time to nurture yourself first and foremost, you could become someone who is healthy, dependable, and better-equipped to take care of other people as well. In this case, self-nurturing leads to a virtuous cycle.

Having life insurance can set you comfortably on the right track for this journey. Life insurance gives you and your loved ones some financial back-up that can help alleviate monetary pressures should you be unable or not around to contribute. You will feel assured knowing that there are plans in place to lessen the financial burden during difficult times.

Start the virtuous cycle and give peace of mind not only for yourself, but also your loved ones with these life insurance policies.

2. Protecting your financial health in uncertain times

Life is full of surprises and things often pop up when you least expect it. Planning ahead may reduce stress and this, in turn, helps to keep your psychological and physical states healthy. In other words, keeping your stress levels low is essential to maintaining a happy mind and body.

While it might be tough to take all variables into account when managing your finances, getting critical illness insurance can clear up some of the anxiety and give your financial health a huge immunity boost should you be diagnosed with a critical illness – the payouts would allow you to cope with life’s changes and let you continue your daily routine without much disruption.

Protect your financial health and be prepared for anything life throws your way with health insurance like critical illness insurance.

3. Taking control of your finances

Wellness is a connection of paths: knowledge and action.

Planning out your finances would only benefit both your mental and physical well-being in the long run. Gym memberships, therapy sessions, healthy meals or even an impromptu weekend getaway – managing your savings and acquiring financial security allows you the freedom to pursue your wellness needs without guilt or worry.

Because life is unpredictable, buying personal accident insurance for yourself can help to get your finances in order. Personal accident plans can give you the financial help you need to support your recovery should things happen out of the blue. Secure and take control of your finances now with accident plans like ReadyProtect which offers five different levels of protection to suit your budget and needs.

To find out more about Manulife policies mentioned in this article, visit the Manulife website or schedule an appointment with a Manulife expert here.

This content was produced in partnership with Manulife Singapore.

Please be aware that all forms of investments carry risks, including the risk of losing all of the invested amount. Such activities may not be suitable for everyone. We encourage our investors to invest carefully. All information provided in this article is on an "as is" basis, and is purely for information purposes. It is not intended for trading purposes or financial advice. Neither we nor any of our partners is liable for any informational errors, incompleteness, delays or for any actions taken in reliance on information contained in this article.

Important Notes

These insurance products are underwritten by Manulife (Singapore) Pte. Ltd. (Reg. No. 198002116D). This advertisement has not been reviewed by the Monetary Authority of Singapore. Buying a life insurance policy is a long-term commitment. There may be high costs involved if you terminate the policy early, and your policy's surrender value (if any) may be zero or less than the total premiums paid. Buying health insurance products that are unsuitable for you may affect your ability to finance your future healthcare needs.

This article is for your information only and does not consider your specific investment objectives, financial situation or needs. It is not a contract of insurance and is not intended as an offer or recommendation to purchase the plan. You can find the full terms and conditions, details, and exclusions for the mentioned insurance product(s) in the policy contract.

This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the LIA or SDIC websites (www.lia.org.sg or www.sdic.org.sg).

We recommend that you seek advice from a Manulife Financial Consultant or its Appointed Distributors, or visit any DBS/POSB Branch before making a commitment to purchase a policy.

Information is correct as at 27 Feb 2023.