facebookWhat are my options for insuring my elderly parents aged 69 and 61 respectively? What are the products available out there, assuming they currently have no plans? - Seedly

Anonymous

21 Jun 2020

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Insurance

What are my options for insuring my elderly parents aged 69 and 61 respectively? What are the products available out there, assuming they currently have no plans?

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Pang Zhe Liang

21 Jun 2020

Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)

The first priority should always be healthcare. The reason is simple - medical inflation hits 10% in 2019. Consequently, a single medical treatment could potentially wipe out all your savings. Therefore, it is always good to know the healthcare insurance policies available in the market and to evaluate whether you should enhance your coverage.

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