facebookI’m 21 this year, currently serving NS and will ORD in 2021. I have the AXA Shield Plan A, which I got last year. Is it worth it for me right now? - Seedly

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          Anonymous

          15 Jan 2021

          Insurance

          I’m 21 this year, currently serving NS and will ORD in 2021. I have the AXA Shield Plan A, which I got last year. Is it worth it for me right now?

          I’ve been paying for it using Medisave, should I be doing this? Is this enough coverage for me?

          4

              Discussion (4)

              What are your thoughts?

              Hey Anon,

              In general there are 5 things to cover for insurance: Death, Total Permanent Disability, Hospitalisation, Accident and Critical Illness (CI). Hospitalisation and Accident is normally the basic insurance people should have so it is still good you got it! You might want to consider getting an Accident plan for accidental injuries/death coverage next and consider progressing to a Life Plan/CI plan.

              Financial planning is an integral part of life. You can find me at this platform to find out more.

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                  Yes, hospitalization plan is the most basic paln everyone should have. But different company has different benefits. You can compare and choose the most one you like.

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                      Pang Zhe Liang

                      Pang Zhe Liang

                      26 Apr 2020

                      Level 14·Senior Financial Services Consultant at AIA Singapore Private Limited

                      The worth of a plan varies according to the dollar that you are willing to pay in return for the val...

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