Based on the Life Insurance Association study illustrated in the graph, most of the financially-abled age groups from age 20 – 64 are trailing significantly behind the ideal protection coverage amount for their respective stratum. Many Singaporeans are still unaware of the importance of insuring their future amidst living in a high-cost society, thus giving you a huge opportunity to make your mark in the insurance industry.

By 2030, there will be 900,000 senior citizens in Singapore aged 65 and above. Better medical capabilities are allowing us to live longer, with life expectancy growing year-on-year. However, the concept of retirement planning is still rarely practised. Grab this chance to shine your light and help the people around you in learning the importance of retirement planning to secure their future.

SINGAPORE 2030

By 2030, almost one million people will be 65 years and older, more than double the number today.

With cost of basic necessities increasing year on year without respite, people are starting to realise that one can no longer rely on their month-to-month savings to tide over unforeseen circumstances in life. Things are getting increasingly expensive over a shorter period of time. One needs to plan faster and further ahead than the speed of inflation to better secure their future.