S2E21: What kind of insurance should young adults buy?

Hospitalisation and critical illness insurance are vital, but beware of being upsold or paying too much for premiums.

Synopsis: Every first and third Monday of the month, get a headstart in your personal finance and career with The Straits Times.

What do young people need to know when buying their first insurance package?

Insurance is an essential part of “adulting”, but it can be daunting when choosing from a wide range of products on a tight budget.

Some can also find that insurance agents pressure them into buying products that they are not certain they need.

In this episode…

The skinny

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