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Anonymous
Is there anything special about this new plan? how does it stack up against the rest and would it be recommended?
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Pang Zhe Liang
07 Dec 2019
Lead of Research & Solutions at Havend Pte Ltd
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Tan Li Xing
06 Dec 2019
Financial Consultant at Prudential Assurance Company (Singapore)
Hi Anon,
That is a very good question, actually the uniqueness about insurance is actually many companies provide very similar solutions and coverages, so it might be better to actually meet and speak to an agent so that they can understand your needs better and give you a solution that works best and make the best sense to you
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Hariz Arthur Maloy
06 Dec 2019
Independent Financial Advisor at Promiseland Independent
Disclaimer I can distribute AXA among other insurers.
Not a big fan of this particular plan. Curren...
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Every plan has its pros and cons. Instead of focusing about which plan is better, spend more time understanding your needs and your long-term goals. At the end of the day, insurance is merely a tool to hedge against risk that we cannot afford.
For instance, AIA is the only company right now with pre-early benefit such as payout upon diagnosis of Type 2 Diabetes Mellitus, Thyroid Dysfunction, amongst others.
On the other hand, AXA boasts about its Diabetes care programme. Therefore, each plan has its own merit.
All in all, focus on what you need rather than what the insurance company gives. Then choose a plan or an insurance company which gives the broadest definition for claim. This ensures that the claim is made simple and not unnecessarily difficult.
Here is everything about me and what I do best.