Hi all, would you mind to share how much you all spent on insurance for your kids and yourself and what is the coverage . thanks

I spend about $300 monthly in cash for everything we have - including my son's insurance, my insurance and an endowment plan for my son. There is also about $200+ that's coming from each of our medisave accounts for our hospitalization plans (the cash value is for riders). I'm a single mother so there's no spouse to cover :) My son has: - hospitalization plan - personal accident plan - endowment plan (already $105.49 here) While I have: - hospitalization plan - personal accident plan - term life insurance - critical illness plan We have all the highest plans available except for my hospitalization plan (only went for class A wards in government hospitals instead of private ones) and added riders like hospital income, total and permanent disability etc! Reason being, it's much easier to downgrade in future than to upgrade if anything happens. If you're looking to get insurance coverage, the most important would be hospitalization and personal accident. You'd also want to consider things like your income, financial ability (present and expected future), lifestyle habits, working status etc because it's something you would not want to end up as a liability to you!