Anonymous
Are you planning to buy insurance for them?
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Tan Li Xing
28 Dec 2019
Financial Consultant at Prudential Assurance Company (Singapore)
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Bjorn Ng
22 Dec 2019
Business Analyst at 10x Capital
Well, my parents have, but my fiancee parents do not. I personally have not put in much thought to this, but it definitely something I want to do. At the very least, a basic hospitalisation plan.
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Ngooi Zhi Cheng
25 Nov 2019
Student Ambassador 2020/21 at Seedly
I would definitely recommend a basic hospitalisation and personal accident coverage for your parents...
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Hi Anon,
The definite thing to consider would be healthcare and personal accident plan at this point, as mentioned by most is that as with age, one becomes more prone to accidents, so you might want to think of those..
Healthcare because with age, we might get hospitalised due to old age, however premiums for healthcare rises with age, and if it's too un-affordable, you could consider choosing public healthcare but, at least with the selection to a class A ward, so that you can get the best healthcare that the public system can offer