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When is the right time to actually sit down and review your coverage? Before getting married, after buying a home, or only when you have kids?
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A good time is once things start getting serious, ideally before marriage or buying a home, then review again when you have kids or any major life change.
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Never.
MediShield Life is sufficient if you're fine with public hospitals and Class B2 or C wards.
Skip the extra premiums and grow our wealth instead. Any extra charge we can cover ourself.
Most people pay more in lifetime premiums than they ever claim. It makes sense to self-insure, provided you have sufficient liquid reserves.