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?
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Colin Lim
18 Apr 2020
Financial Services Consultant at Colin Lim
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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.
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