Investment-linked policy sales surge in Singapore even as complaints rise
· Politics · Singapore
Sales of investment-linked insurance policies have surged in Singapore even as complaints rise, according to a CNA report. Industry experts said simpler sign-ups and welcome bonuses may be driving demand. The report did not provide specific sales or complaint figures. Investment-linked policies combine insurance protection with investment exposure, and their growing popularity raises questions about whether buyers understand the risks involved.
Why it matters:Rising sales and complaints about investment-linked policies raise consumer-protection questions in a major insurance market.
Key points
- Sales of investment-linked policies have surged in Singapore.
- Experts point to simpler sign-ups and welcome bonuses as possible drivers.
- Complaints have also risen.
Sources (original reporting)
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