Singaporeans lack critical illness insurance cover: Study

The LIA study found that people here have policies that would meet just 20 per cent or so of their needs if critical illness occurs.
The LIA study found that people here have policies that would meet just 20 per cent or so of their needs if critical illness occurs.PHOTO: BT FILE
Published
Apr 27, 2018, 5:00 am SGT
Invest Editor/Senior Correspondent
lornatan@sph.com.sg

Working adults are strikingly short of insurance coverage to meet their needs if critical illness occurs, according to a study.

It found that people here have policies that would meet just 20 per cent or so of their needs if such illnesses occur, leaving a worryingly large gap of 80 per cent.

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A version of this article appeared in the print edition of The Straits Times on April 27, 2018, with the headline 'Study: S'poreans lack critical illness insurance cover'. Print Edition | Subscribe
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