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Insurers see more take-ups of policies despite higher inflation, job uncertainty
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The take-up for new policies remained robust in the third quarter, with annual premium policies rising 9.8 per cent to $886.9 million.
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SINGAPORE – People here have not held back on buying insurance despite higher living costs and an uncertain job market over the past year.
The take-up for new policies remained robust in the third quarter, with annual premium policies rising 9.8 per cent from the second quarter to $886.9 million, according to Life Insurance Association of Singapore data.
