AIR+Opinion16 May 2018

Is Singapore's CI protection gap at a critical stage?

| 16 May 2018

In the recent 2017 Protection Gap Study (PGS) released by the Life Insurance Association (LIA) of Singapore, it was found that despite a 17% uptake in life insurance products and a 48% rise in total savings, the mortality protection gap in Singapore has remained at 20% since the last study undertaken in 2012. But more critically, the PGS also revealed a whopping 80% gap in critical illness coverage for Singaporeans that amounted to S$538bn.

Archived articles are available to Magazine subscribers only.

If you are already a subscriber

OR sign-up for a trial access here

For Full Access to the magazine SUBSCRIBE here.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.

 
Error : Object reference not set to an instance of an object.

Recent Comments

Other News


Follow Asia Insurance Review