Here’s Why We Get Up Every Morning to Work at PolicyPal

We’ve shared our journey, our goals, and what lies ahead of us. Today, we’re stripping all of that away and sharing why we even exist in the first place. 

This is the last in a five-part series detailing our growth, our journey, and our commitment to serve the community. 

We begin with Simon Sinek, a popular motivational speaker and author in America. He once gave a TED Talk in September 2013 on what differentiated good companies from great ones. His entire message boiled down to a key point: the “why” behind the things we do is more important than the “how” and “what”. 

In his words, “people don’t buy what you do, they buy why you do it”. 

He illustrated this point to the varying degrees of success Apple enjoys compared to their competitors who are equally capable in producing the same technological products as Apple does. 

In reference to Apple, Sinek alluded to their mission to break the status quo in everything they do and to always think differently. This is their “why”, and according to Sinek, establishes the foundation for Apple’s global legion of loyal customers. 


Here’s our “Why” 

Insurance as an industry has traditionally preyed on the fear of consumers: if you don’t buy this, you’ll risk that or you won’t be covered for this when that other thing happens. 

To be fair, for a product like insurance that is largely intangible, this method has proven to work, and work well. 

But that’s not all, insurance policies are notoriously known to be hidden behind copious amounts of T&Cs and industry jargon, creating a thick layer of technicalities that the average consumer can barely be bothered to figure out. 

Sold on the fear of the “what if”, and letting their insurance agents handle the entire process, there can arise a situation of a facade of power control. You sign the document and start paying your premiums thinking you’ve got everything covered, but what have you actually purchased? When asked this question, many either point to their insurance agent or merely shrug their shoulders. 

But what if there was a way to know? 

At PolicyPal, our aim is to empower consumers with the knowledge and technology to be able make savvy financial decisions on their own. We believe everyone, no matter your life stage, should have the opportunity and confidence to take charge of their lives, especially when it comes to insurance. 

We constantly harp on life stage because our wants and needs fundamentally change depending on our age. It’s not just what we need, it’s when we need it that matters. 


Then comes our “How”

A key barrier that we want to break is the smoke and mirrors that often clouds information when it comes to insurance. 

We’ve heard far too many cases of Singaporeans just blindly buying whatever they see at the banks or whatever that insurance agent is pushing for, without understanding if it’s right for them at their life stage. 

With our platform, we want to arm you with the necessary knowledge to understand what you need, when you need. 

At our core, we want to be a platform where you are able to see the value and importance of covering your income in the event of unforeseen circumstances. 

Especially in our ingrained Asian culture of savings, we want to show you the true value of savings and insurance – from guaranteed interest rates to payouts for retirement. 

If that is not enough, we want to provide unbiased portfolio reviews and recommendations through partnering with Financial Advisors from various insurers to find a product that suits your needs at your life stage. 


And finally, our “What”

All of this culminates into PolicyPal and our app. 

Our industry has traditionally been anchored on a tedious amount of paperwork, and rightfully so, as when it comes to money and people’s lives, it’s incredibly important to have everything properly documented. 

However, this process of documentation is often a cumbersome process that many view as a necessary evil. We’re here to tell you that it need not be the case. 

Through digitisation, we have transferred the entire process of paperwork into a few simple steps on our platform that will allow you to seamlessly upload your policies and have everything documented in one single place. 

With PolicyPal, it is convenient for you to upload your policies, view them at a glance, and share them with your loved ones. Gone are the days where everything lay in the hands of your insurance agent with you clueless at what’s happening. 

It’s time all of us take charge of things that happen in our lives, and we’re here for you. 


Schedule a Free Teleconsulting service with us today.

You can enjoy a free financial portfolio review, to help you better understand how to create a suitable financial plan for you and your family. We will analyse life insurance products from various insurers and present you with solutions, tailor-made to address your concerns. 

Our financial adviser representative, representing PolicyPal, will be happy to help you understand any of these insurance policies: 

  • Health Insurance
  • Critical Illness Insurance
  • Endowment/Savings Insurance 
  • Personal Accident Insurance
  • Term/Whole Life Insurance

To get in touch, you can WhatsApp us at 87500688 and let us know your preferred date and time for the appointment. Alternatively, leave your details below and we will contact you to help you arrange for an appointment. 

How can we help?

If you would like to know more about a specific insurance product, you can also let us know your preferences. This is so that we can be better prepared during the appointment to present you with a comparison table if needed.

The teleconsultation can be done through a WhatsApp phone call or video call. However, we would recommend using Zoom as it is a free video-conferencing app that you can download for clear audio and video consulting on your computer or phone.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

Read more:
[PODCAST] Val Yap x MoneyFM: Why Insurance is So Painful for Consumers
At PolicyPal, Customer Support Is In Our Blood
What Are PolicyPal Credits? How to Start Earning & Using Your P$



PolicyPal is here to help you make informed and savvy financial decisions through the good times and the bad.

Recommended Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Show Buttons
Hide Buttons