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Buying insurance through digibank apps: Are they as good as your traditional insurance plans?


Lack of options as there’s only one insurance product available
Log into the UOB Mighty app and you’ll spot the unmistakable blue umbrella. Under the name SimpleInsure, UOB’s in-app insurance offering gives users an opportunity to snap up a single product: Prudential’s PRUCancer360. 
How it compares
A cancer insurance plan by Prudential, you’ll find the same plan on the insurer’s website and even right here on SingSaver.
Even as the sole insurance product, it packs a real punch. It boasts wide coverage on multiple aspects, such as age (includes one-year old infants up to 100-year old retirees) and cancer stages, so you can expect a 100 per cent payout of your sum assured whether you’re diagnosed early or late.  ....

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