For parents, do I upgrade eldershield or opt into careshield? Any advice?

As above. Was thinking if I should wait for careshield. Which do you think would be a better option?

3

Discussion (3)

What are your thoughts?

Learn how to style your text

Colin Lim

18 Apr 2020

Financial Services Consultant at Colin Lim

How old is your parents? Do they have pre existing conditions?

they Already have elder shield and looking for upgrade...

personally I feel it is good to upgrade eldershield,the coverage and premium is fixed...so in the event of claim, I can get up to 5000 per month..

whereas careshield coverage and premium is increasing 3% every year.. there is a hurdle for the insurers to have supplement plan.

I believe it will be complementing to careshield and not integrating.

#planwithcolin

Reply

Save

View 2 replies

Write your thoughts