Keith Lim had just sold off his first start-up, a mobile payments platform, following a five-year stint with Moody’s Analytics’ Singapore, and was left with a lot of free time. He was thinking of what to do next when tragedy struck his family.
“My dad fell sick – he had cancer,” Lim told Insurance Business in an interview. “I realised he did not have any insurance protection, even while working. I learned a lot of people out there do not have sufficient insurance because they think that their employer is already providing them with insurance. But when they retire, that insurance will also expire.”
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