Daily Cuts - Monday Reset: How much insurance is too much?
More Singaporeans are buying insurance for savings and protection and getting better coverage. A report by the Life Insurance Association shows new sales of single and annual premium policies jumped 30 percent on-year in the first half of 2024. While getting insurance coverage is important to help us defray costs, Hairianto Diman finds out if we are buying too many insurance policies that may actually be unnecessary with Timothy Ho, Managing Editor, Dollars And Sense