Anonymous

23 Oct 2021

∙

How does pro-ration affect the amount of bill you need to pay ? For parents age >70, is it still recommended to get the highest tier coverage till private hospital ?

How does pro-ration affect the amount of bill you need to pay ?

For parents age >70, is it still recommended to get the highest tier coverage till private hospital ? Typical premium combination for integrated shield plan and rider is almost $7k-8k per annum excluding the portion that can be deducted from medisave.
Is it worth it for average income earning support your parent ISP ? As compared to government A class ISP with rider that will be only $3k-$4k before medisave eligible deduction.

AIA HealthShield Gold Max Integrated Shield Plan AIA Health Insurance Healthshield Gold Max

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Yong

06 Nov 2021

Hi, I would say that it depends on what are the coverage required for them and how much could you afford. There will be pros and cons for both types of coverage. As we get older, we will be prone to injuries and sickness.

If you would like to discuss it in detail, I would love to connect with you!

https://www.instagram.com/thefinancialrab/

Reply

Save

Write your thoughts

Related Posts

What hospitalisation plan to get for parents? Private or Govt hospital? I am paying over 3k annually for the rider for my mum who is active and healthy?

Advice needed for M, Age 31 next bday, non smoker. Have pre-existing condition of severe OSA (BMI 21). Living with parents who are still working, and looking to marry soon. What coverage to top up?

If we use our CPF OA to pay for our flat, and at age 65/70, we are still able to meet BRS/FRS, does NOT refunding the amount used and accrued interest affect our lifetime payout in any way?

If FRS/BRS being used to pay as Premium of CPF Life at age of 55 or 65, and a PR renounce his PR at age 58, does he get back full amount from RA without paying the CPF Life Premium?

What are some 15 years limited pay whole life insurance with early critical illness coverage till 70 years old for about 150k coverage with multiplier?

Related Products

AIA HealthShield Gold Max Integrated Shield Plan

4.2

19 Reviews

AIA HealthShield Gold Max A

$2,000,000

LIMIT PER POLICY YEAR

100 / 100 days

PRE & POST HOSPITAL

As Charged

OUTPATIENT BENEFITS

Private Hospital

WARD ENTITLEMENT

AIA Health Insurance Healthshield Gold Max

No rating yet

0 Reviews

Related Posts

What hospitalisation plan to get for parents? Private or Govt hospital? I am paying over 3k annually for the rider for my mum who is active and healthy?

Advice needed for M, Age 31 next bday, non smoker. Have pre-existing condition of severe OSA (BMI 21). Living with parents who are still working, and looking to marry soon. What coverage to top up?

If we use our CPF OA to pay for our flat, and at age 65/70, we are still able to meet BRS/FRS, does NOT refunding the amount used and accrued interest affect our lifetime payout in any way?

If FRS/BRS being used to pay as Premium of CPF Life at age of 55 or 65, and a PR renounce his PR at age 58, does he get back full amount from RA without paying the CPF Life Premium?

What are some 15 years limited pay whole life insurance with early critical illness coverage till 70 years old for about 150k coverage with multiplier?