According to a survey in Singapore as of July 2022, the most important factor when purchasing insurance was policy coverage, with a calculated average of 2.21 out of five. Price and quality of service were also the main factors when it came to buying insurance among consumers in Singapore.
Leading factors to consider when purchasing insurance among consumers in Singapore as of July 2022
According to the source, the ranking is based on the average of all rankings divided by the total number of respondents. The lower the average, the better the overall ranking.
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Standard Insights. (September 13, 2022). Leading factors to consider when purchasing insurance among consumers in Singapore as of July 2022 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1341621/singapore-main-factors-when-purchasing-insurance/
Standard Insights. "Leading factors to consider when purchasing insurance among consumers in Singapore as of July 2022." Chart. September 13, 2022. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1341621/singapore-main-factors-when-purchasing-insurance/
Standard Insights. (2022). Leading factors to consider when purchasing insurance among consumers in Singapore as of July 2022. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1341621/singapore-main-factors-when-purchasing-insurance/
Standard Insights. "Leading Factors to Consider When Purchasing Insurance among Consumers in Singapore as of July 2022." Statista, Statista Inc., 13 Sep 2022, https://www.statista.com/statistics/1341621/singapore-main-factors-when-purchasing-insurance/
Standard Insights, Leading factors to consider when purchasing insurance among consumers in Singapore as of July 2022 Statista, https://www.statista.com/statistics/1341621/singapore-main-factors-when-purchasing-insurance/ (last visited November 22, 2024)
Leading factors to consider when purchasing insurance among consumers in Singapore as of July 2022 [Graph], Standard Insights, September 13, 2022. [Online]. Available: https://www.statista.com/statistics/1341621/singapore-main-factors-when-purchasing-insurance/
