I have a new born and my parents are in their 70s now. What kind of insurance do you recommend that can protect my whole family (3 generations) together or do i have to buy them each an insurance separately?

Hi, you can either choose to insure seperately or together.

There are some policies such as GREAT Family Care that provide coverage for multi-generation. They are great for families with children to look after and parents to care foras it is an all in one single comprehensive critical illness insurance plan.

Do get in touch if you wish to find out more.​​​

Buying separely is an option but may cost quite abit. Getting them each covered minimally for hospitalisaiton would be a bigger priority in my opinion. As for critical illness, your life would be much more crucial in terms of getting coveresince your newborn and parents who are in their 70s are unlikely to work and bring home income for the family.

Some policies do cover 3 generations with minimal underwriting on the parents and child. Newer policies usually also provide free child cover up to certain amounts. At the end of the day, its really down to your budget and prioritisation of needs.

Great Family Care could be one of the products that allow you to take care of 3 generations under 1 policy.