facebookHi. My parent is 60 and retired. He doesn't have any dependants. He already has integrated shield plan. is it necessary for him to buy critical illness plan? - Seedly

Anonymous

11 Jul 2022

Insurance

Hi. My parent is 60 and retired. He doesn't have any dependants. He already has integrated shield plan. is it necessary for him to buy critical illness plan?

Discussion (3)

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This one would be helpful, the best insurance for parents: https://bit.ly/3yMXXpA

At his/her age, the critical illness plan's premium would outweigh the benefit in my opinion. Critical illness is usually used to offset the risk of critical illness during one's working years, but if your parent is retired. I think the more important ones are the integrated shield plan and eldershield (This is for long term care)

Personally, i would want to be covered for CI at that age and beyond. but only if the premiums are a...

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