in a latest aia singapore nationwide protection survey conducted by the nielsen company in june 2011, the key findings are not surprising (at least to me) and looks pretty consistent with many other surveys conducted previously by other companies.
the survery polled 1,013 singaporeans and permanent residents aged between 20 to 60 years old.
some of the key findings:
a. close to 6 in 10 singaporeans believe they have done well to prepare
for their dependents' financial protection needs, the reality is that
fewer than 2 in 10 actually have done so.
b. 1 in 5 who do not own life insurance do not see the need for it.
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