24 Sep '14, 6am

ST business journalist Melissa Tan shares why it is impt to beat the ticking clock of rising #insurance premiums

As another birthday looms, something that I have always meant to get around to doing before I become too old has been weighing on my mind. Sure, it looks set to be lengthy, painful and almost prohibitively expensive, with no promise of reward at the end, but I will most likely be glad of it many years down the road when supporting myself becomes harder. Despite its vital importance, the process of buying insurance makes me feel as though I am wading into a murky world where the rules are probably stacked against me. I say "probably" because I am not certain I know what these rules are in the first place. To be sure, I was lucky to have had a head start in this area. My parents had the foresight to buy some policies for my sister and me while we were younger, which I am grateful for now. I knew that I would have to top up the coverage on my own once I gained financial indep...

Full article: http://www.cpf.gov.sg/imsavvy/infohub_article.asp?readid=...

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