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France

03 Mar 2020

Insurance

What is the best insurance for a pre-existing condition (Hyperthyroidism)?

What would be the best insurance policies for me, considering my pre-existing condition? What are the most cost-effective policies?

Discussion (2)

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Pang Zhe Liang

03 Mar 2020

Lead of Research & Solutions at Havend Pte Ltd

Healthcare Insurance

Firstly, the most important type of insurance policy that you should have is healthcare insurance. For the most part, medical inflation hits 10% in 2019. As a result, a single medicla bill can wipe out your entire savings. Therefore, this should be your first priority.

Life Insurance

In addition to healthcare, you may wish to consider applying for a proper life insurance policy that covers you in the event of death, total & permanent disability, as well as (early) critical illness.

Generally, this is for income replacement as well as to cover the opportunity cost as we focus on recovery.

Throughout my entire career, I have worked with a number of individuals with similiar medical condition as you. Hence, if you are open to understanding how I help my clients get the right insurance coverage, just send me a coffee invite: https://www.work.pzl.sg/#coffee

Here is everything about me and what I do best.​​​

Hariz Arthur Maloy

02 Mar 2020

Independent Financial Advisor at Promiseland Independent

Health or Life insurance?

Either way, the condition is a pre existing so it'll be difficult to get it included for claims unless specifically stated by plans that will include pre-ex after a period of time.

For life insurance, there may be both a premium loading and an exclusion.

I'd suggest to work with an Independent Financial Advisor and conduct preliminary underwriting with various insurers.

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