72% Increase in Singapore Policyholders Dropping IP Riders in 2025

72% Increase in Singapore Policyholders Dropping IP Riders in 2025

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In 2025, there was a 72% increase in the number of policyholders in Singapore who dropped their IP riders. This rise is attributed to increasing premiums, which led many to discontinue or downgrade their coverage. The trend highlights growing cost concerns among insurance consumers.

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Originally published by gnews