facebookAnyone here whose parents are in their 60s and have no insurance? - Seedly

Anonymous

28 Dec 2019

Insurance

Anyone here whose parents are in their 60s and have no insurance?

Are you planning to buy insurance for them?

Discussion (11)

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Tan Li Xing

28 Dec 2019

Financial Consultant at Prudential Assurance Company (Singapore)

Hi Anon,

The definite thing to consider would be healthcare and personal accident plan at this point, as mentioned by most is that as with age, one becomes more prone to accidents, so you might want to think of those..

Healthcare because with age, we might get hospitalised due to old age, however premiums for healthcare rises with age, and if it's too un-affordable, you could consider choosing public healthcare but, at least with the selection to a class A ward, so that you can get the best healthcare that the public system can offer

Bjorn Ng

22 Dec 2019

Business Analyst at 10x Capital

Well, my parents have, but my fiancee parents do not. I personally have not put in much thought to this, but it definitely something I want to do. At the very least, a basic hospitalisation plan.

Ngooi Zhi Cheng

25 Nov 2019

Student Ambassador 2020/21 at Seedly

I would definitely recommend a basic hospitalisation and personal accident coverage for your parents...

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