facebookAdvice needed for Personal Accident Insurance for parents nearing retirement, any recommendations? - Seedly

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Dexter

22 Apr 2020

Insurance

Advice needed for Personal Accident Insurance for parents nearing retirement, any recommendations?

As above, need some recommendations on any plans suitable for parents nearing retirement

Discussion (5)

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Tan Li Xing

22 Apr 2020

Financial Consultant at Prudential Assurance Company (Singapore)

Hi Dexter,

If you are looking to get a personal accident plan for your parents, it would be good to look at what the maximum entry age is for the policy, as some insurers max entry age is 65 years old. So thought you might want to look at that.

Also the nature of personal accident plans is that it usually expires at either 70 or 75 years old depending on the insurer.​​​

Colin Lim

20 Apr 2020

Financial Services Consultant at Colin Lim

Glad to know you are looking at coverage for your parents.

Btw How old are your parents? PA has expiry age that you need to know. Mostly i will check with my clients if their parents got integrated shield? This is important.

PA is a must have for all ages...why? ACcident do happen. i recommend SOmPo PAstar.

you can reach out to me by clicking my profile pic and click the FB logo.

Pang Zhe Liang

19 Apr 2020

Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)

It depends on the key areas for coverage. Typically, I will suggest my clients to consider one that ...

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