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Singapore's Critical Illness Protection Gap Narrows While Mortality Protection Gap Remains Relatively Unchanged: Protection Gap Study 2022

  • Platform Workers found to have bigger protection gaps compared to the general Economically Active population
  • Life Insurance Industry commits to spearheading efforts to narrow the protection gap in Singapore

SINGAPORE - Media OutReach - 8 September 2023 - The Life Insurance Association, Singapore (LIA Singapore) today unveiled findings of the Protection Gap Study (PGS) 2022 which found that economically active1 (EA) Singaporeans and Permanent Residents in Singapore – including Platform Workers (PWs) - had a S$373 billion mortality protection gap2 and a S$579 billion critical illness (CI) protection gap3.

More Articles ...

  1. Procreate announces its revolutionary new iPad app ‘Procreate Dreams’, featuring groundbreaking new animation tools made for everyone
  2. Tanoto Foundation gives S$1m to Singapore National Eye Centre to Combat Age Related Macular Degeneration
  3. Lee Kum Kee Sponsors the 4th World Master Chefs Competition for Cantonese Cuisine
  4. Redress Design Award 2023 Winners Announced, Ushering New Era For Sustainable Fashion
  5. WIN SOURCE Announces New Strategic Partnership with Supplyframe
  6. BingX shows possibility as first CEX to launch Banana Gun Token
  7. Vietnam and the United States: Promoting trusted trade partnership and green growth in agriculture
  8. Hong Kong Survey Reveals Over Half of Middle-Aged and Elderly Unvaccinated Due to Low Pneumococcal Vaccination Awareness
  9. pCloud Celebrates a Decade of Innovation and Security in Online Storage: A Decade of Data Management Excellence
  10. Metalloinvest Opens Its Green Metallurgy Enterprises to Tourists
  11. Kenanga Futures Unveils "Grow Your Futures" Campaign to Boost Retail Participation on Bursa Malaysia Derivatives
  12. The Club forms strategic partnership with MoneyHero
  13. Preface Launches Up-to-date Coding Class Featuring AI Application
  14. Sunlight Real Estate Investment Trust ("Sunlight REIT") Final Results for the Year Ended 30 June 2023
  15. ONE CENTRAL MACAU Celebrates the Year of Picasso with "Pablo Picasso: Paintings in Glass" as Part of the "Art Macao" Exhibition
  16. ETC USDT Summer Surge Meets BingX's Zero-Slippage Trading Launch
  17. Chubb Announces the Appointment of Jerry Ng as Division Head of Consumer and Bancassurance, and Eric Kwan as Both Division Head of Property & Casualty and Head of Independent Distribution Partners
  18. Asian Hardware Online Exhibition 2023 Grand Opening
  19. Rhenus Group solidifies LATAM presence through strategic acquisitions and partnerships
  20. OSG Transforms Shipping Containers Into Eco-friendly Bus Shelters with Toilet Amenities

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