SINGAPORE - Insurance might seem like yet another drag on a young person's wallet when the income stream from the first few years of work does not extend very far, but it can still be a vital investment, say experts.
And this doesn't mean buying the first policy touted by a friend who recently joined the industry, they warn.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
