facebookWhich personal accident insurance can I consider for my parents above 50 that is not too expensive per year? What should it cover? - Seedly

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Anonymous

Edited 27 Dec 2021

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Insurance

Which personal accident insurance can I consider for my parents above 50 that is not too expensive per year? What should it cover?

My friend said GREAT Golden Protector saying its for elderly. Are there other insurance to compare and consider as well?

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Melissa Yong

27 Dec 2021

Applied Math at National University of Singapore

Hi anon! PA plans usually cover both minor and major accidents and it shouldnt burn a big hole in the pocket. Some of the factors you can consider when selecting the type of plans are:

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  1. Are your parents still working and covered under company insurance?
  2. Are your parents engaged in activites that may put them in greater risk of getting accidents?
  3. Do your parents have exisitng PA plans alr/any form of plans that has soome accident coverage?

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Hope this helps! If you want to find out more, I'm just a dm away @_yongaaaaa :)

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