Is critical insurance in retirement still needed? Not for loss of income or traditional/alternative medicine. But rather to cover expenses that may not be captured under hospitalization plan.

Hi,

As mentioned in your statement, yes more often, these are meant to cover expenses that your hospitalisation plans may not covered.

Also in some cases, since retirement means you no longer earn any income, to have such CI plan is more of to safeguard your retirement capital which could be lead to a better legacy planning in future.