31 Mar: COVID19 Singapore
Mortgage Loans:

> Measures to help individuals include allowing them to defer either principal payment or both principal and interest payments on their residential property loans until Dec 31
> Interest will accrue only on the deferred principal amount, and no interest will be charged on the deferred interest payments, the MAS.

Unsecured Loans:
> Those with unsecured loans can also apply to their lenders to convert their outstanding balances into term loans at a reduced rate of interest, capped at 8 per cent

Insurance:
> Customers of life and health insurance policies can apply to their insurer to defer premium payments for up to six months while maintaining insurance coverage.
> Premium deferment is available for all individual life and health insurance policies with a policy renewal or premium due date between April 1 and Sept 30.
> General insurance policyholders for property and vehicles may apply to their insurers for instalment payment plans while maintaining protection.

https://www.straitstimes.com/business/banking/covid-19-individuals-can-apply-to-defer-property-loan-insurance-premium-payments?utm_medium=Social&utm_campaign=STFB&utm_source=Facebook#Echobox=1585652281