Four top misconceptions of insurance

Illness and calamity can hit people of all ages and it is prudent to take up insurance the moment you start working.
Illness and calamity can hit people of all ages and it is prudent to take up insurance the moment you start working.ST PHOTO: ONG WEE JIN

While most people know they need some form of insurance, many get the wrong idea about the protection they need.

Illness and calamity can hit people of all ages and it is prudent to take up insurance the moment you start working. Not only will it be cheaper, you will also avoid problems of not being insurable if you suddenly develop a health condition that excludes you from future coverage

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