A survey of Singaporean millennials showed that while 68 percent of the respondents had the intention of buying insurance policies, just 44 percent of those surveyed considered themselves knowledgeable and informed about the insurance market. In the same survey, 71 percent of the respondents were also keen to start investing.
Attitudes of millennial Singaporeans toward insurance as of April 2019
Characteristic
Share of respondents
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Business Insider. (April 4, 2019). Attitudes of millennial Singaporeans toward insurance as of April 2019 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1101354/singapore-millennial-attitudes-towards-insurance/
Business Insider. "Attitudes of millennial Singaporeans toward insurance as of April 2019." Chart. April 4, 2019. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1101354/singapore-millennial-attitudes-towards-insurance/
Business Insider. (2019). Attitudes of millennial Singaporeans toward insurance as of April 2019. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1101354/singapore-millennial-attitudes-towards-insurance/
Business Insider. "Attitudes of Millennial Singaporeans toward Insurance as of April 2019." Statista, Statista Inc., 4 Apr 2019, https://www.statista.com/statistics/1101354/singapore-millennial-attitudes-towards-insurance/
Business Insider, Attitudes of millennial Singaporeans toward insurance as of April 2019 Statista, https://www.statista.com/statistics/1101354/singapore-millennial-attitudes-towards-insurance/ (last visited August 24, 2024)
Attitudes of millennial Singaporeans toward insurance as of April 2019 [Graph], Business Insider, April 4, 2019. [Online]. Available: https://www.statista.com/statistics/1101354/singapore-millennial-attitudes-towards-insurance/