Publication Type
News Article
Version
acceptedVersion
Publication Date
6-2015
Abstract
Singaporeans face two key risks in life: dying too young and living too long. The latter risk, commonly known as longevity risk, has been the key focus of the Central Provident Fund Advisory Panel's recent deliberation and recommendations. By saving the Basic Minimum Sum and purchasing a life annuity, Singaporeans can hedge the risk of outliving their lifetime savings.
Keywords
insurance, Singapore
Discipline
Asian Studies | Finance and Financial Management
Research Areas
Finance
Publication
Straits Times
ISSN
1692-9344
Publisher
Singapore Press holdings
Citation
KOH, Benedict.
Buying insurance the D-I-Y way. (2015). Straits Times.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/4829
Copyright Owner and License
Author
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.