facebookI’m 21 this year, currently serving NS and will ORD in 2021. I have the AXA Shield Plan A, which I got last year. Is it worth it for me right now? - Seedly
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Anonymous

Posted on 25 Apr 2020

I’m 21 this year, currently serving NS and will ORD in 2021. I have the AXA Shield Plan A, which I got last year. Is it worth it for me right now?

I’ve been paying for it using Medisave, should I be doing this? Is this enough coverage for me?

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4 answers

Discussion (4)

Oh Yi Ning

Oh Yi Ning

Level 14. Grandmaster

Posted on 26 Apr 2020

Hey Anon,

In general there are 5 things to cover for insurance: Death, Total Permanent Disability, Hospitalisation, Accident and Critical Illness (CI). Hospitalisation and Accident is normally the basic insurance people should have so it is still good you got it! You might want to consider getting an Accident plan for accidental injuries/death coverage next and consider progressing to a Life Plan/CI plan.

Financial planning is an integral part of life. You can find me at this platform to find out more.

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RQ

Rebecca Qin

Level 4. Wonderkid

Posted on 15 Jan 2021

Yes, hospitalization plan is the most basic paln everyone should have. But different company has different benefits. You can compare and choose the most one you like.

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The worth of a plan varies according to the dollar that you are willing to pay in return for the val...

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