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Leading reasons for not purchasing life insurance among millennials in Singapore as of July 2021

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Sources

Release date

November 2021

Region

Singapore

Survey time period

July 2021

Number of respondents

815 respondents

Age group

25-40 years

Special properties

respondents were millennials

Citation formats

Leading reasons for not purchasing life insurance among millennials Singapore 2021

Published by Jenny Yang, Jun 27, 2022
According to a survey conducted in July 2021 in Singapore, the majority of millennials who did not own life insurance indicated that it was because they could not afford the additional expense. In the same survey, ** percent of the respondents stated that life insurance was too expensive.
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Statistics on " Insurance industry in Singapore "

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