Is Mindef MHA insurance (AVIVA) worth it?

Hi there,

It depends really on your preference. Do note that the Mindef MHA insurance does come with caveats as to how much payout you can receive at one time and you can't really make nomination of beneficiaries for the plan. It might be wiser to opt to get your coverage through another insurer.

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It's the most cost effective insurance you can get in the market. You should maximize this avenue before you consider others. You can also buy for your spouse and children too.