Hi insurance agents, what led to new life insurance sales in Singapore to be up 18% to S$1.32b in Q3? Specifically, what led to the spike in sales?

Maybe covid-19 helps...

It is due to a range of reasons in general but yes I believe the changes to CI definitions did play a role in the increase in life insurance sales. However the other side of me thinks that it may be the impact of covid on the world where people are constantly reminded of the need to get themselves some coverage such as protecting their income against disability and critical illness. There have also been changes to Careshield which occurred around Sept to Oct period as well which may play a part.